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Arts Way Manufacturing Co Inc (ARTW) |
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Arts Way Manufacturing Co Inc's Total Debt to Equity
ARTW's quarterly Total Debt to Equity and Total Debt, Equity growth
In Spite of the debt repayement of -0.94%, in IV Quarter 2023 ,Total Debt to Equity deteriorated to 0.24, below the Arts Way Manufacturing Co Inc's average Total Debt to Equity.
Within Industrial Machinery and Components industry in the forth quarter 2023, 5 other companies have achieved lower Total Debt to Equity than Arts Way Manufacturing Co Inc in the IV Quarter 2023. While Total Debt to Equity total ranking has deteriorated compared to the third quarter 2023 from 303 to 336 .
Explain Debt to Equity Ratio?
What is the structure of ARTW´s Total Debt?
How valuable is the ARTW´s Equity?
Select the Comparisons :
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Select the Ratio:
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ARTW Total Debt to Equity |
(Nov 30 2023) IV. Quarter |
(Aug 31 2023) III. Quarter |
(May 31 2023) II. Quarter |
(Feb 28 2023) I. Quarter |
(Nov 30 2022) IV. Quarter |
Y / Y Equity Change |
4.4 % |
9.25 % |
15.21 % |
15.61 % |
7.69 % |
Y / Y Total Debt Change |
-8.76 % |
-8.55 % |
-3.08 % |
9.51 % |
9.76 % |
Total Debt to Equity MRQ |
0.24 |
0.23 |
0.25 |
0.26 |
0.27 |
ARTW's Total
Ranking |
# 336 |
# 303 |
# 108 |
# 838 |
# 335 |
Seq. Equity Change |
-2.08 % |
0.13 % |
2.87 % |
3.5 % |
2.47 % |
Seq. Total Debt Change |
-0.94 % |
-6.34 % |
-0.74 % |
-0.92 % |
-0.72 % |
Total Debt to Equity forth quarter 2023 Company Ranking |
Within: |
No. |
Industrial Machinery and Components Industry |
# 6 |
Capital Goods Sector |
# 27 |
Overall Market |
# 336 |
Total Debt to Equity Statistics |
High |
Average |
Low |
0.57 |
0.3 |
0.16 |
(May 31 2012) |
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(Aug 31 2017) |
Cumulative Arts Way Manufacturing Co Inc's Total Debt to Equity
ARTW's Total Debt to Equity for the trailling 12 Months
ARTW Total Debt to Equity |
(Nov 30 2023) IV. Quarter |
(Aug 31 2023) III. Quarter |
(May 31 2023) II. Quarter |
(Feb 28 2023) I. Quarter |
(Nov 30 2022) IV. Quarter |
Y / Y Equity TTM Growth |
4.4 % |
9.25 % |
15.21 % |
15.61 % |
7.69 % |
Y / Y Total Debt TTM Growth |
-8.76 % |
-8.55 % |
-3.08 % |
9.51 % |
9.76 % |
Total Debt to Equity TTM |
0.24 |
0.25 |
0.26 |
0.27 |
0.28 |
Total
Ranking TTM |
# 546
| # 61
| # 61
| # 17
| # 335
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Seq. Equity TTM Growth |
-2.08 % |
0.13 % |
2.87 % |
3.5 % |
2.47 % |
Seq. Total Debt TTM Growth |
-0.94 % |
-6.34 % |
-0.74 % |
-0.92 % |
-0.72 % |
On the trailing twelve months basis Due to debt repayement of -0.94% Arts Way Manufacturing Co Inc decreased Total Debt to Equity in the 12 months ending in IV Quarter 2023 to 0.24, above the Arts Way Manufacturing Co Inc's average Total Debt to Equity. Total Debt to Equity is the average cumulative value over the last four quarters.
Among companies in the Industrial Machinery and Components industry 9, during the past 12 months, other companies have achieved lower Total Debt to Equity than Arts Way Manufacturing Co Inc. While Total Debt to Equity total ranking has deteriorated during the twelve months ending in the IV Quarter 2023, compared to the prior period, from 61 to 546.
Explain Debt to Equity Ratio?
What is the structure of ARTW´s Total Debt?
How valuable is the ARTW´s Equity?
TTM Total Debt to Equity Company Ranking |
Within: |
No. |
Within the Industrial Machinery and Components Industry |
# 10 |
Capital Goods Sector |
# 39 |
Within the Market |
# 546 |
trailing twelve months Total Debt to Equity Statistics |
High |
Average |
Low |
0.33 |
0.18 |
0.06 | (Feb 28 2021) |
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(Feb 29 2016) |
Companies with similar Total Debt to Equity in the quarter ending Nov 30 2023, within Industrial Machinery and Components Industry | Total Debt to Equity | Nov 30 2023 MRQ Total Debt | Nov 30 2023 MRQ Equity | Pentair Plc | 0.62 | $ 1,988.300 Millions | $ 3,217.100 Millions | Esab Corporation | 0.62 | $ 1,018.057 Millions | $ 1,647.657 Millions | Spectrum Brands Holdings Inc | 0.61 | $ 1,396.600 Millions | $ 2,301.700 Millions | Lam Research Corporation | 0.61 | $ 4,983.784 Millions | $ 8,222.478 Millions | Nordson Corporation | 0.60 | $ 1,630.456 Millions | $ 2,723.967 Millions | Johnson Controls International Plc | 0.59 | $ 10,609.000 Millions | $ 17,874.000 Millions | Owens Corning | 0.59 | $ 3,046.000 Millions | $ 5,185.000 Millions | Nvent Electric Plc | 0.57 | $ 1,780.700 Millions | $ 3,142.100 Millions | Moog Inc | 0.54 | $ 920.103 Millions | $ 1,707.217 Millions | Enersys | 0.53 | $ 911.770 Millions | $ 1,730.027 Millions | Atkore Inc | 0.51 | $ 763.225 Millions | $ 1,502.345 Millions | Eaton Corporation Plc | 0.49 | $ 9,269.000 Millions | $ 19,069.000 Millions | Ekso Bionics Holdings Inc | 0.48 | $ 6.082 Millions | $ 12.606 Millions | Spx Technologies Inc | 0.47 | $ 558.300 Millions | $ 1,194.600 Millions | Desktop Metal inc | 0.47 | $ 112.895 Millions | $ 241.652 Millions | Kennametal Inc | 0.47 | $ 618.891 Millions | $ 1,328.104 Millions | Curtiss wright Corporation | 0.45 | $ 1,050.362 Millions | $ 2,328.413 Millions | Donaldson Company Inc | 0.45 | $ 614.100 Millions | $ 1,375.800 Millions | John Bean Technologies Corporation | 0.43 | $ 646.400 Millions | $ 1,488.900 Millions | Veeco Instruments inc | 0.41 | $ 274.941 Millions | $ 672.442 Millions | Championx Corp | 0.36 | $ 600.486 Millions | $ 1,661.031 Millions | Tennant Co | 0.35 | $ 200.600 Millions | $ 578.300 Millions | Asml Holding Nv | 0.34 | $ 5,187.392 Millions | $ 15,066.688 Millions | Zurn Elkay Water Solutions Corporation | 0.31 | $ 495.300 Millions | $ 1,602.800 Millions | Agco Corp | 0.30 | $ 1,392.200 Millions | $ 4,656.800 Millions | Ingersoll Rand Inc | 0.28 | $ 2,723.600 Millions | $ 9,846.700 Millions | Alamo Group Inc | 0.25 | $ 235.277 Millions | $ 932.763 Millions | Siteone Landscape Supply Inc | 0.25 | $ 372.900 Millions | $ 1,486.100 Millions | Lindsay Corporation | 0.25 | $ 115.347 Millions | $ 466.860 Millions | Standex International Corp | 0.24 | $ 148.659 Millions | $ 620.571 Millions |
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