AcroMeta Group (SGX:43F) Debt-to-Equity : 1.40 (As of Mar. 2024)

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What is AcroMeta Group Debt-to-Equity?

AcroMeta Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was S$4.80 Mil. AcroMeta Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was S$3.15 Mil. AcroMeta Group's Total Stockholders Equity for the quarter that ended in Mar. 2024 was S$5.67 Mil. AcroMeta Group's debt to equity for the quarter that ended in Mar. 2024 was 1.40.

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

SGX:43F' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.75 Max: 3.66
Current: 1.4

During the past 11 years, the highest Debt-to-Equity Ratio of AcroMeta Group was 3.66. The lowest was 0.00. And the median was 0.75.

SGX:43F's Debt-to-Equity is ranked worse than
85.45% of 1519 companies
in the Construction industry
Industry Median: 0.44 vs SGX:43F: 1.40

AcroMeta Group Debt-to-Equity Historical Data

The historical data trend for AcroMeta 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.

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AcroMeta Group Debt-to-Equity Chart

AcroMeta Group Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

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0.75

1.43

1.94

1.96

3.66

AcroMeta Group Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															2.00	1.96	1.26	3.66	1.40

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

For the Engineering & Construction subindustry, AcroMeta 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.

AcroMeta Group's Debt-to-Equity Distribution in the Construction Industry

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

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

AcroMeta Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

AcroMeta 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
	=	(7.459	+	3.901)	/	3.104
	=	3.66

AcroMeta 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
	=	(4.803	+	3.149)	/	5.674
	=	1.40

AcroMeta Group (SGX:43F) 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.

AcroMeta Group Debt-to-Equity Related Terms

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AcroMeta Group (SGX:43F) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » AcroMeta Group Ltd (SGX:43F) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

4 Kaki Bukit Avenue 1, No. 04-04, Kaki Bukit Industrial Estate, Singapore, SGP, 417939

Website

https://www.acromec.com

AcroMeta Group Ltd is a specialist engineering services provider in the field of controlled environments. Its reportable segments are Engineering, Procurement and Construction; Maintenance; Renewable energy. and Co-working laboratory space segment. The company generates maximum revenue from the Engineering, Procurement and Construction segment that provides engineering, procurement and construction services, specializing in architectural, mechanical, electrical and process works within controlled environment.

AcroMeta Group (SGX:43F) Headlines

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