Ao World Debt-to-Equity Ratio Growth & History (AO.)
Ao World's debt-to-equity ratio was 0.37 for fiscal 2026.
View full Ao World company overviewAo World annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-03-31 | 0.37 | −0.07 | −15.71% |
| 2025 | 2025-03-31 | 0.44 | −0.08 | −14.86% |
| 2024 | 2024-03-31 | 0.51 | −0.39 | −42.93% |
| 2023 | 2023-03-31 | 0.90 | −1.19 | −56.92% |
| 2022 | 2022-03-31 | 2.09 | 1.12 | +114.53% |
| 2021 | 2021-03-31 | 0.98 | — | — |
Ao World quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q4 2026 | 2026-03-31 | 0.37 | −0.07 | −15.71% |
| Q2 2026 | 2025-09-30 | 0.41 | — | — |
| Q4 2025 | 2025-03-31 | 0.44 | — | — |
Ao World debt-to-equity ratio trends
Over the last five fiscal years, Ao World's debt-to-equity ratio decreased from 0.98 to 0.37, a change of −0.61. The latest reported quarter, Q4 2026, shows 0.37.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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