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ACE Aviation Holdings (TSXV:ACE.H) Debt-to-Equity : 0.00 (As of Sep. 2023)


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What is ACE Aviation Holdings Debt-to-Equity?

ACE Aviation Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was C$0.00 Mil. ACE Aviation Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was C$0.00 Mil. ACE Aviation Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was C$6.26 Mil. ACE Aviation Holdings's debt to equity for the quarter that ended in Sep. 2023 was 0.00.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for ACE Aviation Holdings's Debt-to-Equity or its related term are showing as below:

TSXV:ACE.H's Debt-to-Equity is not ranked *
in the Transportation industry.
Industry Median: 0.56
* Ranked among companies with meaningful Debt-to-Equity only.

ACE Aviation Holdings Debt-to-Equity Historical Data

The historical data trend for ACE Aviation Holdings's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

ACE Aviation Holdings Debt-to-Equity Chart

ACE Aviation Holdings Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec18 Dec19 Dec20 Dec21
Debt-to-Equity
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ACE Aviation Holdings Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Dec14 Dec18 Dec19 Dec20 Dec21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A N/A N/A - -

Competitive Comparison of ACE Aviation Holdings's Debt-to-Equity

For the Airlines subindustry, ACE Aviation Holdings's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ACE Aviation Holdings's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, ACE Aviation Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where ACE Aviation Holdings's Debt-to-Equity falls into.



ACE Aviation Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ACE Aviation Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 is calculated as

ACE Aviation Holdings's Debt to Equity Ratio for the quarter that ended in Sep. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


ACE Aviation Holdings  (TSXV:ACE.H) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


ACE Aviation Holdings Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of ACE Aviation Holdings's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


ACE Aviation Holdings (TSXV:ACE.H) Business Description

Traded in Other Exchanges
N/A
Address
1155 Rene-Levesque Boulevard West, 40th Floor, Montreal, QC, CAN, H3B 3V2
ACE Aviation Holdings Inc is an investment holding company that currently holds shares and warrants of Air Canada. It has shed its other businesses and is actively considering new investments or returning cash to shareholders.

ACE Aviation Holdings (TSXV:ACE.H) Headlines

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