Amir Marketing & Investments In Agriculture (XTAE:AMRK) Debt-to-Equity : 0.38 (As of Dec. 2023)

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What is Amir Marketing & Investments In Agriculture Debt-to-Equity?

Amir Marketing & Investments In Agriculture's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₪101 Mil. Amir Marketing & Investments In Agriculture's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₪33 Mil. Amir Marketing & Investments In Agriculture's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₪358 Mil. Amir Marketing & Investments In Agriculture's debt to equity for the quarter that ended in Dec. 2023 was 0.38.

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 Amir Marketing & Investments In Agriculture's Debt-to-Equity or its related term are showing as below:

XTAE:AMRK' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.17 Med: 0.35 Max: 0.42
Current: 0.38

During the past 11 years, the highest Debt-to-Equity Ratio of Amir Marketing & Investments In Agriculture was 0.42. The lowest was 0.17. And the median was 0.35.

XTAE:AMRK's Debt-to-Equity is ranked worse than
50.93% of 216 companies
in the Agriculture industry
Industry Median: 0.35 vs XTAE:AMRK: 0.38

Amir Marketing & Investments In Agriculture Debt-to-Equity Historical Data

The historical data trend for Amir Marketing & Investments In Agriculture'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.

Amir Marketing & Investments In Agriculture Debt-to-Equity Chart

Amir Marketing & Investments In Agriculture Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.36

0.19

0.17

0.38

Amir Marketing & Investments In Agriculture Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.38	0.41	0.41	0.35	0.38

Competitive Comparison of Amir Marketing & Investments In Agriculture's Debt-to-Equity

For the Agricultural Inputs subindustry, Amir Marketing & Investments In Agriculture'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.

Amir Marketing & Investments In Agriculture's Debt-to-Equity Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Amir Marketing & Investments In Agriculture's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Amir Marketing & Investments In Agriculture's Debt-to-Equity falls into.

Amir Marketing & Investments In Agriculture Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Amir Marketing & Investments In Agriculture's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(100.9	+	33.436)	/	358.047
	=	0.38

Amir Marketing & Investments In Agriculture's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(100.9	+	33.436)	/	358.047
	=	0.38

Amir Marketing & Investments In Agriculture (XTAE:AMRK) 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.

Amir Marketing & Investments In Agriculture Debt-to-Equity Related Terms

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Amir Marketing & Investments In Agriculture (XTAE:AMRK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Amir Marketing & Investments In Agriculture Ltd (XTAE:AMRK) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Emek Hefer Industrial Park, Deer creek, Hefer, ISR, 38777

Website

http://www.amir-agricul.co.il

Amir Marketing & Investments In Agriculture Ltd markets and supplies agricultural products such as pesticides, insecticide, fertilizers, packages, technical equipment's, covers for the hothouses, pruning shears & other tools and irrigation equipment's. The company is also engaged in food mixtures for animals goats, sheeps, chickens, goose and more. Approximately 60% of the company's clients is private farmers and others are traders and private company.