A & M Jumbo Bags (NSE:AMJUMBO) Debt-to-Equity : 0.77 (As of Mar. 2023)

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What is A & M Jumbo Bags Debt-to-Equity?

A & M Jumbo Bags's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹17.41 Mil. A & M Jumbo Bags's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹49.27 Mil. A & M Jumbo Bags's Total Stockholders Equity for the quarter that ended in Mar. 2023 was ₹87.07 Mil. A & M Jumbo Bags's debt to equity for the quarter that ended in Mar. 2023 was 0.77.

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 A & M Jumbo Bags's Debt-to-Equity or its related term are showing as below:

NSE:AMJUMBO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 0.81 Max: 8.84
Current: 0.77

During the past 11 years, the highest Debt-to-Equity Ratio of A & M Jumbo Bags was 8.84. The lowest was 0.07. And the median was 0.81.

NSE:AMJUMBO's Debt-to-Equity is not ranked
in the Packaging & Containers industry.
Industry Median: 0.45 vs NSE:AMJUMBO: 0.77

A & M Jumbo Bags Debt-to-Equity Historical Data

The historical data trend for A & M Jumbo Bags'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.

A & M Jumbo Bags Debt-to-Equity Chart

A & M Jumbo Bags Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.79

0.83

0.59

0.63

0.77

A & M Jumbo Bags Semi-Annual Data
	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23
Debt-to-Equity	Get a 7-Day Free Trial						0.79	0.83	0.59	0.63	0.77

Competitive Comparison of A & M Jumbo Bags's Debt-to-Equity

For the Packaging & Containers subindustry, A & M Jumbo Bags'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.

A & M Jumbo Bags's Debt-to-Equity Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, A & M Jumbo Bags's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where A & M Jumbo Bags's Debt-to-Equity falls into.

A & M Jumbo Bags Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

A & M Jumbo Bags's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 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
	=	(17.407	+	49.271)	/	87.068
	=	0.77

A & M Jumbo Bags's Debt to Equity Ratio for the quarter that ended in Mar. 2023 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
	=	(17.407	+	49.271)	/	87.068
	=	0.77

A & M Jumbo Bags (NSE:AMJUMBO) 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.

A & M Jumbo Bags Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of A & M Jumbo Bags's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

A & M Jumbo Bags (NSE:AMJUMBO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » A & M Jumbo Bags Ltd (NSE:AMJUMBO) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Silver Oak College Road, Office No. 403, Fourth Floor, Money Plant Business, Near Bhavik Publication, Gota, Gandhinagar, Ahmedabad, GJ, IND, 382481

Website

https://www.aandmjumbobags.com

A & M Jumbo Bags Ltd is a company engaged in manufacturing and exporting an extensive range of FIBC, Bulk Bags, and Jumbo Bags that are available in various sizes and are offered to various industries such as fertilizer, cement, sand, food grains, sugar, cattle feed, fish meal, pulses, spices, dates, agro products, minerals, resin, polymers, rubber and many more.

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