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Astika Holdings (Astika Holdings) Debt-to-Equity : -0.02 (As of Sep. 2019)


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What is Astika Holdings Debt-to-Equity?

Astika Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2019 was $0.00 Mil. Astika Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2019 was $0.00 Mil. Astika Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2019 was $-0.21 Mil. Astika Holdings's debt to equity for the quarter that ended in Sep. 2019 was -0.02.

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 Astika Holdings's Debt-to-Equity or its related term are showing as below:

ASKH's Debt-to-Equity is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.13
* Ranked among companies with meaningful Debt-to-Equity only.

Astika Holdings Debt-to-Equity Historical Data

The historical data trend for Astika 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.

Astika Holdings Debt-to-Equity Chart

Astika Holdings Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Debt-to-Equity
Get a 7-Day Free Trial -0.81 -0.21 -0.19 -0.06 -0.03

Astika Holdings Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 -0.04 -0.03 -0.03 -0.03 -0.02

Competitive Comparison of Astika Holdings's Debt-to-Equity

For the Shell Companies subindustry, Astika 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.


Astika Holdings's Debt-to-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Astika Holdings's Debt-to-Equity distribution charts can be found below:

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



Astika Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Astika Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2018 is calculated as

Astika Holdings's Debt to Equity Ratio for the quarter that ended in Sep. 2019 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.


Astika Holdings  (OTCPK:ASKH) 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.


Astika Holdings Debt-to-Equity Related Terms

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


Astika Holdings (Astika Holdings) Business Description

Traded in Other Exchanges
N/A
Address
703 Rosebank Road, Level 1, Avondale, Auckland, NZL, 1348
Website
Astika Holdings Inc is not engaged in any business activity and is preparing to relaunch the company through one or more strategic acquisitions in the textile, service and industrial sectors in Asia and New Zealand.
Executives
Eugene B Settler director, officer: President, CEO & Treasurer
Aline Parrish 10 percent owner 631 JEFFERSON AVENUE UNIT 305 MIAMI BEACH FL 33139
Stephen J Ratelle director 6393 BUCKAROO AVENUE LAS VEGAS NV 89108
Jack Alvo director, officer: Secretary 7000 WEST PALMETTO PARK ROAD SUITE 409 BOCA RATON FL 33433
Iq Acquisition (ny) Ltd. 10 percent owner LEVEL 1, 725 ROSEBANK ROAD AVONDALE, 1348 AUCKLAND Q2 00000

Astika Holdings (Astika Holdings) Headlines

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