Auction Technology Group (LSE:ATG) Debt-to-Equity : 0.23 (As of Mar. 2024)

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What is Auction Technology Group Debt-to-Equity?

Auction Technology Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was £24.7 Mil. Auction Technology Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was £126.1 Mil. Auction Technology Group's Total Stockholders Equity for the quarter that ended in Mar. 2024 was £661.8 Mil. Auction Technology Group's debt to equity for the quarter that ended in Mar. 2024 was 0.23.

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

LSE:ATG' s Debt-to-Equity Range Over the Past 10 Years
Min: -5.91 Med: 0.23 Max: 0.34
Current: 0.23

During the past 6 years, the highest Debt-to-Equity Ratio of Auction Technology Group was 0.34. The lowest was -5.91. And the median was 0.23.

LSE:ATG's Debt-to-Equity is ranked worse than
51.83% of 2219 companies
in the Software industry
Industry Median: 0.21 vs LSE:ATG: 0.23

Auction Technology Group Debt-to-Equity Historical Data

The historical data trend for Auction Technology 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.

Auction Technology Group Debt-to-Equity Chart

Auction Technology Group Annual Data

Trend

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

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-2.08

-5.91

0.34

0.24

Auction Technology Group Semi-Annual Data
	Sep18	Sep19	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial					0.33	0.34	0.27	0.24	0.23

Competitive Comparison of Auction Technology Group's Debt-to-Equity

For the Software - Application subindustry, Auction Technology 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.

Auction Technology Group's Debt-to-Equity Distribution in the Software Industry

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

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

Auction Technology Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Auction Technology Group's Debt to Equity Ratio for the fiscal year that ended in Sep. 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
	=	(13.46	+	111.625)	/	529.96
	=	0.24

Auction Technology Group's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(24.711	+	126.139)	/	661.778
	=	0.23

Auction Technology Group (LSE:ATG) 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.

Auction Technology Group Debt-to-Equity Related Terms

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Auction Technology Group (LSE:ATG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Auction Technology Group PLC (LSE:ATG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ATHGF:USA ATGl:UK 684:Germany

Address

65 Southwark Street, The Harlequin Building, London, GBR, SE1 0HR

Website

https://www.auctiontechnologygroup.com

Auction Technology Group PLC is engaged in the provision of auction technology software and related services to auction houses and other customers. Its goal is to simplify and integrate multiple parts of the online auction process, from the cataloguing of items to marketing, auction hosting, bidding and recent payment solutions. The group has four segments namely Arts and Antiques, Industrial and Commercial, Auction services, and Content. The majority of revenue is generated from Art & Antiques segment. Geographically the company serves the United Kingdom, Germany, and USA, where the majority of revenue is generated from USA.

Auction Technology Group (LSE:ATG) Headlines

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