Acusensus (ASX:ACE) Debt-to-Equity : 0.06 (As of Jun. 2023)

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What is Acusensus Debt-to-Equity?

Acusensus's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was A$1.49 Mil. Acusensus's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was A$0.70 Mil. Acusensus's Total Stockholders Equity for the quarter that ended in Jun. 2023 was A$35.92 Mil. Acusensus's debt to equity for the quarter that ended in Jun. 2023 was 0.06.

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

ASX:ACE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.06 Max: 0.07
Current: 0.06

During the past 2 years, the highest Debt-to-Equity Ratio of Acusensus was 0.07. The lowest was 0.06. And the median was 0.06.

ASX:ACE's Debt-to-Equity is ranked better than
74.73% of 2224 companies
in the Software industry
Industry Median: 0.21 vs ASX:ACE: 0.06

Acusensus Debt-to-Equity Historical Data

The historical data trend for Acusensus'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.

Acusensus Debt-to-Equity Chart

Acusensus Annual Data

Trend

Jun22

Jun23

Debt-to-Equity

0.07

0.06

Acusensus Semi-Annual Data
	Jun22	Jun23
Debt-to-Equity	0.07	0.06

Competitive Comparison of Acusensus's Debt-to-Equity

For the Software - Infrastructure subindustry, Acusensus'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.

Acusensus's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Acusensus's Debt-to-Equity distribution charts can be found below:

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

Acusensus Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Acusensus'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
	=	(1.488	+	0.7)	/	35.924
	=	0.06

Acusensus's Debt to Equity Ratio for the quarter 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
	=	(1.488	+	0.7)	/	35.924
	=	0.06

Acusensus (ASX:ACE) 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.

Acusensus Debt-to-Equity Related Terms

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Acusensus (ASX:ACE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Acusensus Ltd (ASX:ACE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

31 Queen Street, Level 6, Melbourne, VIC, AUS, 3000

Website

https://www.acusensus.com

Acusensus Ltd is involved in developing and commercializing intelligent traffic solutions technology. Its 'Heads-Up' solution has been designed to give authorities a tool to address distraction and other illegal driver behavior, to drive behavioral change on the road network. It also provides Data security solutions. The company's main objective is to Pioneer intelligent solutions to tackle difficult societal challenges, reduce road trauma and save lives. Geographically the company generates the majority of its revenue from Australia.

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