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Ariston Holdings (XZIM:ARIS.ZW) Debt-to-Equity : 0.46 (As of Sep. 2023)


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What is Ariston Holdings Debt-to-Equity?

Ariston Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ZWL5,704 Mil. Ariston Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ZWL33,167 Mil. Ariston Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ZWL83,774 Mil. Ariston Holdings's debt to equity for the quarter that ended in Sep. 2023 was 0.46.

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

XZIM:ARIS.ZW' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.2   Med: 0.41   Max: 0.95
Current: 0.46

During the past 9 years, the highest Debt-to-Equity Ratio of Ariston Holdings was 0.95. The lowest was 0.20. And the median was 0.41.

XZIM:ARIS.ZW's Debt-to-Equity is ranked worse than
53.98% of 1647 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs XZIM:ARIS.ZW: 0.46

Ariston Holdings Debt-to-Equity Historical Data

The historical data trend for Ariston 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.

Ariston Holdings Debt-to-Equity Chart

Ariston Holdings Annual Data
Trend Sep09 Sep11 Sep12 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only 0.36 0.20 0.69 0.33 0.46

Ariston Holdings Semi-Annual Data
Mar11 Sep11 Mar12 Sep12 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.69 0.09 0.33 0.48 0.46

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

For the Farm Products subindustry, Ariston 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.


Ariston Holdings's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ariston Holdings's Debt-to-Equity distribution charts can be found below:

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



Ariston Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Ariston Holdings's Debt to Equity Ratio for the quarter that ended in Sep. 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.


Ariston Holdings  (XZIM:ARIS.ZW) 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.


Ariston Holdings Debt-to-Equity Related Terms

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


Ariston Holdings (XZIM:ARIS.ZW) Business Description

Traded in Other Exchanges
N/A
Address
18 Coghlan Road, P. O. Box 4019 , Greendale, Harare, ZWE
Ariston Holdings Ltd is an agro-industrial company. Its principal activities are farming operations which include, tea, macadamia nuts, horticulture, deciduous fruits, fishery, and poultry. The company is organized into three operating divisions. The Southdown Estates division is engaged in the growing and manufacturing of tea, macadamia nuts, avocados, potatoes, and bananas as well as generates maximum revenue. Claremont Estate division is engaged in the growing of pome and stone fruit, passion fruit, and potatoes. Kent Estate division engages in the growing of horticultural crops, and the rearing of poultry and livestock.

Ariston Holdings (XZIM:ARIS.ZW) Headlines

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