Ambika Cotton Mills (BOM:531978) Debt-to-Equity : 0.10 (As of Mar. 2024)

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What is Ambika Cotton Mills Debt-to-Equity?

Ambika Cotton Mills's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹820 Mil. Ambika Cotton Mills's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0 Mil. Ambika Cotton Mills's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹8,589 Mil. Ambika Cotton Mills's debt to equity for the quarter that ended in Mar. 2024 was 0.10.

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 Ambika Cotton Mills's Debt-to-Equity or its related term are showing as below:

BOM:531978' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.1 Max: 0.19
Current: 0.1

During the past 13 years, the highest Debt-to-Equity Ratio of Ambika Cotton Mills was 0.19. The lowest was 0.02. And the median was 0.10.

BOM:531978's Debt-to-Equity is ranked better than
81.78% of 933 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.43 vs BOM:531978: 0.10

Ambika Cotton Mills Debt-to-Equity Historical Data

The historical data trend for Ambika Cotton Mills'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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Ambika Cotton Mills Debt-to-Equity Chart

Ambika Cotton Mills Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.14

0.10

Ambika Cotton Mills Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															-	N/A	-	N/A	0.10

Competitive Comparison of Ambika Cotton Mills's Debt-to-Equity

For the Textile Manufacturing subindustry, Ambika Cotton Mills'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.

Ambika Cotton Mills's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ambika Cotton Mills's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Ambika Cotton Mills's Debt-to-Equity falls into.

Ambika Cotton Mills Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ambika Cotton Mills's Debt to Equity Ratio for the fiscal year 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
	=	(819.8	+	0)	/	8588.9
	=	0.10

Ambika Cotton Mills'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
	=	(819.8	+	0)	/	8588.9
	=	0.10

Ambika Cotton Mills (BOM:531978) 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.

Ambika Cotton Mills Debt-to-Equity Related Terms

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Ambika Cotton Mills (BOM:531978) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Ambika Cotton Mills Ltd (BOM:531978) » Definitions » Debt-to-Equity

Traded in Other Exchanges

AMBIKCO:India

Address

No. 9A, 15, Valluvar Street, Sivanandha Colony, Coimbatore, TN, IND, 641012

Website

http://www.acmills.in

Ambika Cotton Mills Ltd engages in the manufacture of cotton yarns for hosiery and weaving. The Textiles produces compact cotton; hard and soft twist; cylindrical dye cone; and s and z twist yarns. The Windmills generate power from windmills. Geographically, the company's business is spread across the world including Asia which accounts for the majority of its revenues.

Ambika Cotton Mills (BOM:531978) Headlines

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