Astrasun Solar PCL (BUD:ASTRASUN) Debt-to-Equity : 0.00 (As of Jun. 2023)

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What is Astrasun Solar PCL Debt-to-Equity?

Astrasun Solar PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was Ft0 Mil. Astrasun Solar PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was Ft0 Mil. Astrasun Solar PCL's Total Stockholders Equity for the quarter that ended in Jun. 2023 was Ft5,404 Mil. Astrasun Solar PCL's debt to equity for the quarter that ended in Jun. 2023 was 0.00.

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 Astrasun Solar PCL's Debt-to-Equity or its related term are showing as below:

BUD:ASTRASUN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.64 Med: 0.64 Max: 0.64
Current: 0.63

During the past 1 years, the highest Debt-to-Equity Ratio of Astrasun Solar PCL was 0.64. The lowest was 0.64. And the median was 0.64.

BUD:ASTRASUN's Debt-to-Equity is ranked worse than
75.89% of 875 companies
in the Semiconductors industry
Industry Median: 0.26 vs BUD:ASTRASUN: 0.63

Astrasun Solar PCL Debt-to-Equity Historical Data

The historical data trend for Astrasun Solar PCL'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.

Astrasun Solar PCL Debt-to-Equity Chart

Astrasun Solar PCL Annual Data

Trend

Dec22

Debt-to-Equity

0.64

Astrasun Solar PCL Semi-Annual Data
	Jun22	Dec22	Jun23
Debt-to-Equity	N/A	0.64	-

Competitive Comparison of Astrasun Solar PCL's Debt-to-Equity

For the Solar subindustry, Astrasun Solar PCL'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.

Astrasun Solar PCL's Debt-to-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Astrasun Solar PCL's Debt-to-Equity distribution charts can be found below:

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

Astrasun Solar PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Astrasun Solar PCL's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(8.94	+	3414.898)	/	5332.436
	=	0.64

Astrasun Solar PCL'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
	=	(0	+	0)	/	5404.453
	=	0.00

Astrasun Solar PCL (BUD:ASTRASUN) 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.

Astrasun Solar PCL Debt-to-Equity Related Terms

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

Astrasun Solar PCL (BUD:ASTRASUN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Astrasun Solar PCL (BUD:ASTRASUN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kossuth Lajos Strreet 103, Csomad, HUN, H-2161

Website

https://www.astrasun.solar

Astrasun Solar PCL plays key role in the Hungarian renewable energy market. Astrasun is a solar power plant project developer Company, and invests in green energy.

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