Engenco (ASX:EGN) Debt-to-Equity : 0.34 (As of Dec. 2023)

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What is Engenco Debt-to-Equity?

Engenco's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$18.2 Mil. Engenco's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$15.7 Mil. Engenco's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$101.0 Mil. Engenco's debt to equity for the quarter that ended in Dec. 2023 was 0.34.

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

ASX:EGN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.23 Max: 0.41
Current: 0.34

During the past 13 years, the highest Debt-to-Equity Ratio of Engenco was 0.41. The lowest was 0.00. And the median was 0.23.

ASX:EGN's Debt-to-Equity is ranked better than
63.56% of 881 companies
in the Transportation industry
Industry Median: 0.56 vs ASX:EGN: 0.34

Engenco Debt-to-Equity Historical Data

The historical data trend for Engenco'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.

Engenco Debt-to-Equity Chart

Engenco Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

Get a 7-Day Free Trial

0.23

0.21

0.20

0.31

Engenco 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															0.20	0.20	0.33	0.31	0.34

Competitive Comparison of Engenco's Debt-to-Equity

For the Railroads subindustry, Engenco'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.

Engenco's Debt-to-Equity Distribution in the Transportation Industry

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

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

Engenco Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Engenco'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
	=	(17.489	+	13.26)	/	100.621
	=	0.31

Engenco'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
	=	(18.195	+	15.658)	/	100.999
	=	0.34

Engenco (ASX:EGN) 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.

Engenco Debt-to-Equity Related Terms

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

Engenco (ASX:EGN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Engenco Ltd (ASX:EGN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

535 Bourke Street, Level 22, Melbourne, VIC, AUS, 3000

Website

https://www.engenco.com.au

Engenco Ltd engages in the provision of engineering services. It operates through Convair, Gemco Rail, Drivetrain, Workforce Solutions, and All Other segments. The company generates maximum revenue from the Gemco Rail segment. Gemco Rail segment specialises in the remanufacture and repair of locomotives, wagons, bearings, and other rail products for rail operators and maintainers. It provides wheelset, bogie and in-field wagon maintenance and manufactures new and refurbished wagons, bogie component parts, customised remote controlled ballast car discharge gates, and others. Geographically, it derives a majority of revenue from Australasia.