ACI Formulations (DHA:ACIFORMULA) Debt-to-Equity

: 0.92 (As of Dec. 2023)

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ACI Formulations's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was BDT2,853 Mil. ACI Formulations's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was BDT25 Mil. ACI Formulations's Total Stockholders Equity for the quarter that ended in Dec. 2023 was BDT3,138 Mil. ACI Formulations's debt to equity for the quarter that ended in Dec. 2023 was 0.92.

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 ACI Formulations's Debt-to-Equity or its related term are showing as below:

DHA:ACIFORMULA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.36 Med: 0.79 Max: 1.18
Current: 0.92

During the past 13 years, the highest Debt-to-Equity Ratio of ACI Formulations was 1.18. The lowest was 0.36. And the median was 0.79.

DHA:ACIFORMULA's Debt-to-Equity is ranked worse than
79.55% of 220 companies
in the Agriculture industry
Industry Median: 0.34 vs DHA:ACIFORMULA: 0.92

ACI Formulations Debt-to-Equity Historical Data

The historical data trend for ACI Formulations'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.

ACI Formulations Annual Data

Trend

Dec13

Dec14

Dec15

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

0.80

0.71

0.56

0.87

0.92

ACI Formulations 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																1.16	1.00	0.92	0.86	0.92

Competitive Comparison

For the Agricultural Inputs subindustry, ACI Formulations'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.

ACI Formulations Debt-to-Equity Distribution

For the Agriculture industry and Basic Materials sector, ACI Formulations's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where ACI Formulations's Debt-to-Equity falls into.

ACI Formulations Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ACI Formulations's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(2765.435	+	31.284)	/	3050.833
	=	0.92

ACI Formulations's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(2853.201	+	25.261)	/	3137.919
	=	0.92

ACI Formulations (DHA:ACIFORMULA) 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.

ACI Formulations Debt-to-Equity Related Terms

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ACI Formulations (DHA:ACIFORMULA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » ACI Formulations Ltd (DHA:ACIFORMULA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

ACI Centre, 245, Tejgaon Industrial Area, Dhaka, BGD, 1208

Website

https://www.aci-bd.com

ACI Formulations Ltd is an agricultural chemicals manufacturer. The principal activities of the company are manufacturing and marketing a number of agrochemical and consumer products. The company has structured its operations into the following business segments - Crop Care and Public Health segment, which manufactures and sell crop care and public health products; Mosquito Coil segment is engaged in the manufacturing and selling of mosquito coil products; the Aerosol segment is engaged in the manufacturing and selling aerosol and air freshener products; and Paint segment which manufactures and sells paint products. It derives key revenue from the Crop Care and Public Health segment.

ACI Formulations (DHA:ACIFORMULA) Headlines

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