Ariadne Australia (Ariadne Australia) Debt-to-Equity : 0.12 (As of Dec. 2023)

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What is Ariadne Australia Debt-to-Equity?

Ariadne Australia's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $9.35 Mil. Ariadne Australia's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4.87 Mil. Ariadne Australia's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $116.07 Mil. Ariadne Australia's debt to equity for the quarter that ended in Dec. 2023 was 0.12.

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 Ariadne Australia's Debt-to-Equity or its related term are showing as below:

ADNOF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.05 Max: 0.23
Current: 0.12

During the past 13 years, the highest Debt-to-Equity Ratio of Ariadne Australia was 0.23. The lowest was 0.03. And the median was 0.05.

ADNOF's Debt-to-Equity is ranked better than
65.16% of 1016 companies
in the Asset Management industry
Industry Median: 0.195 vs ADNOF: 0.12

Ariadne Australia Debt-to-Equity Historical Data

The historical data trend for Ariadne Australia'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.

Ariadne Australia Debt-to-Equity Chart

Ariadne Australia Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.03

0.05

0.20

0.15

0.13

Ariadne Australia Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.16	0.15	0.23	0.13	0.12

Competitive Comparison of Ariadne Australia's Debt-to-Equity

For the Asset Management subindustry, Ariadne Australia'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.

Ariadne Australia's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Ariadne Australia's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Ariadne Australia's Debt-to-Equity falls into.

Ariadne Australia Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ariadne Australia's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(10.493	+	3.747)	/	110.016
	=	0.13

Ariadne Australia'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
	=	(9.35	+	4.869)	/	116.071
	=	0.12

Ariadne Australia (GREY:ADNOF) 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.

Ariadne Australia Debt-to-Equity Related Terms

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

Ariadne Australia (Ariadne Australia) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Ariadne Australia Ltd (GREY:ADNOF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ARA:Australia

Address

2 Chifley Square, Level 27, Chifley Tower, Sydney, NSW, AUS, 2000

Website

https://www.ariadne.com.au

Ariadne Australia Ltd is an investment company with operations in Australia and New Zealand. Its objective is to hold a portfolio of assets and investments to provide attractive investment returns which can generate regular dividends to shareholders and capital growth in the value of the shareholder's investments. It has two reportable segments. The investment division comprises the group's investments in securities. The property division includes all results derived from property and marina assets held by the group, either directly or through joint venture entities or joint venture operations.

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