Asa International Group Debt-to-Equity Ratio Growth & History (ASAI)
Asa International Group's debt-to-equity ratio was 2.61 for fiscal 2025.
View full Asa International Group company overviewAsa International Group annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 2.61 | −0.69 | −20.90% |
| 2024 | 2024-12-31 | 3.30 | −0.21 | −5.99% |
| 2023 | 2023-12-31 | 3.51 | 0.56 | +19.17% |
| 2022 | 2022-12-31 | 2.94 | −0.17 | −5.34% |
| 2021 | 2021-12-31 | 3.11 | −0.19 | −5.76% |
| 2020 | 2020-12-31 | 3.30 | — | — |
Asa International Group quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q4 2025 | 2025-12-31 | 2.61 | −0.69 | −20.90% |
| Q4 2024 | 2024-12-31 | 3.30 | — | — |
Asa International Group debt-to-equity ratio trends
Over the last five fiscal years, Asa International Group's debt-to-equity ratio decreased from 3.30 to 2.61, a change of −0.69. The latest reported quarter, Q4 2025, shows 2.61.
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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