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Honda Atlas Cars Pakistan (KAR:HCAR) Debt-to-Equity : 0.69 (As of Dec. 2023)


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What is Honda Atlas Cars Pakistan Debt-to-Equity?

Honda Atlas Cars Pakistan's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₨11,269 Mil. Honda Atlas Cars Pakistan's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₨2,724 Mil. Honda Atlas Cars Pakistan's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₨20,228 Mil. Honda Atlas Cars Pakistan's debt to equity for the quarter that ended in Dec. 2023 was 0.69.

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 Honda Atlas Cars Pakistan's Debt-to-Equity or its related term are showing as below:

KAR:HCAR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03   Med: 0.16   Max: 0.69
Current: 0.69

During the past 13 years, the highest Debt-to-Equity Ratio of Honda Atlas Cars Pakistan was 0.69. The lowest was 0.03. And the median was 0.16.

KAR:HCAR's Debt-to-Equity is ranked worse than
62.25% of 1171 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs KAR:HCAR: 0.69

Honda Atlas Cars Pakistan Debt-to-Equity Historical Data

The historical data trend for Honda Atlas Cars Pakistan'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.

Honda Atlas Cars Pakistan Debt-to-Equity Chart

Honda Atlas Cars Pakistan Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.14 0.13 0.15 0.16

Honda Atlas Cars Pakistan Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.16 0.16 0.16 0.15 0.69

Competitive Comparison of Honda Atlas Cars Pakistan's Debt-to-Equity

For the Auto Manufacturers subindustry, Honda Atlas Cars Pakistan'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.


Honda Atlas Cars Pakistan's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Honda Atlas Cars Pakistan's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Honda Atlas Cars Pakistan's Debt-to-Equity falls into.



Honda Atlas Cars Pakistan Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Honda Atlas Cars Pakistan's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Honda Atlas Cars Pakistan's Debt to Equity Ratio for the quarter that ended in Dec. 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.


Honda Atlas Cars Pakistan  (KAR:HCAR) 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.


Honda Atlas Cars Pakistan Debt-to-Equity Related Terms

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


Honda Atlas Cars Pakistan (KAR:HCAR) Business Description

Traded in Other Exchanges
N/A
Address
1-Mcleod Road, Lahore, PB, PAK
Honda Atlas Cars Pakistan Ltd is engaged in assembling and progressive manufacturing and sale of Honda vehicles and spare parts. Its Segments include the Manufacturing and Trading segment. Manufacturing segment relates to the sale of locally manufactured cars and parts and Trading segment relates to the trading of completely built units (CBUs) and parts. It offers car models, such as Honda Accord, Honda CR-V, Honda CR-Z, Honda HR-V, and Honda City in various colors with advance technology features. Honda derives the majority of revenue through the Manufacturing segment.