Anexo Group (LSE:ANX) Debt-to-Equity : 0.48 (As of Dec. 2023)

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What is Anexo Group Debt-to-Equity?

Anexo Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £53.4 Mil. Anexo Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £23.0 Mil. Anexo Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was £159.7 Mil. Anexo Group's debt to equity for the quarter that ended in Dec. 2023 was 0.48.

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

LSE:ANX' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.23 Med: 0.42 Max: 0.56
Current: 0.48

During the past 9 years, the highest Debt-to-Equity Ratio of Anexo Group was 0.56. The lowest was 0.23. And the median was 0.42.

LSE:ANX's Debt-to-Equity is ranked worse than
54.25% of 929 companies
in the Business Services industry
Industry Median: 0.37 vs LSE:ANX: 0.48

Anexo Group Debt-to-Equity Historical Data

The historical data trend for Anexo Group'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.

Anexo Group Debt-to-Equity Chart

Anexo Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.42

0.44

0.54

0.56

0.48

Anexo Group Semi-Annual Data
	Dec15	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial										0.54	0.55	0.56	0.44	0.48

Competitive Comparison of Anexo Group's Debt-to-Equity

For the Rental & Leasing Services subindustry, Anexo Group'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.

Anexo Group's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Anexo Group's Debt-to-Equity distribution charts can be found below:

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

Anexo Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Anexo Group's Debt to Equity Ratio for the fiscal year 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
	=	(53.417	+	22.968)	/	159.699
	=	0.48

Anexo Group'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
	=	(53.417	+	22.968)	/	159.699
	=	0.48

Anexo Group (LSE:ANX) 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.

Anexo Group Debt-to-Equity Related Terms

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

Anexo Group (LSE:ANX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Anexo Group PLC (LSE:ANX) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

9QZ:Germany

Address

100 Old Hall Street, 5th Floor, The Plaza, Liverpool, Merseyside, GBR, L3 9QJ

Website

https://www.anexo-group.com

Anexo Group PLC is a specialist integrated credit hire and legal services group focused on providing replacement vehicles and associated legal services to customers who have been involved in a non-fault accident.. The company provides an integrated end to end service to the customer including the provision of a credit hire vehicle, upfront settlement of repair and recovery charges through to the management and recovery of costs and the processing of any associated personal injury claim. The company operates through Credit Hire and Legal Sevices segment, with majority of its revenue coming from the Credit Hire segment.

Anexo Group (LSE:ANX) Headlines

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