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Quickstep Holdings (Quickstep Holdings) Debt-to-Equity : 1.91 (As of Dec. 2023)


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What is Quickstep Holdings Debt-to-Equity?

Quickstep Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $9.92 Mil. Quickstep Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $9.74 Mil. Quickstep Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $10.32 Mil. Quickstep Holdings's debt to equity for the quarter that ended in Dec. 2023 was 1.91.

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

QCKSF' s Debt-to-Equity Range Over the Past 10 Years
Min: -12.77   Med: 1.3   Max: 3.39
Current: 1.91

During the past 13 years, the highest Debt-to-Equity Ratio of Quickstep Holdings was 3.39. The lowest was -12.77. And the median was 1.30.

QCKSF's Debt-to-Equity is ranked worse than
89.88% of 257 companies
in the Aerospace & Defense industry
Industry Median: 0.44 vs QCKSF: 1.91

Quickstep Holdings Debt-to-Equity Historical Data

The historical data trend for Quickstep Holdings'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.

Quickstep Holdings Debt-to-Equity Chart

Quickstep Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 1.24 1.24 1.36 2.31

Quickstep Holdings 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.10 1.36 1.79 2.31 1.91

Competitive Comparison of Quickstep Holdings's Debt-to-Equity

For the Aerospace & Defense subindustry, Quickstep Holdings'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.


Quickstep Holdings's Debt-to-Equity Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Quickstep Holdings's Debt-to-Equity distribution charts can be found below:

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



Quickstep Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Quickstep Holdings's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Quickstep Holdings's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Quickstep Holdings  (OTCPK:QCKSF) 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.


Quickstep Holdings Debt-to-Equity Related Terms

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Quickstep Holdings (Quickstep Holdings) Business Description

Traded in Other Exchanges
Address
361 Milperra Road, Bankstown Airport, Bankstown Aerodrome, Sydney, NSW, AUS, 2200
Quickstep Holdings Ltd is engaged in the manufacturing of carbon fiber composites for the aerospace, defense, automotive, and other manufacturing sectors. The group consisted of the production of parts for Northrop Grumman for the Joint Strike Fighter Project, C-130J wing flaps for Lockheed Martin, and Other.

Quickstep Holdings (Quickstep Holdings) Headlines

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