GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Active Fine Chemicals Ltd (DHA:ACTIVEFINE) » Definitions » Debt-to-Equity

Active Fine Chemicals (DHA:ACTIVEFINE) Debt-to-Equity : 0.63 (As of Mar. 2023)


View and export this data going back to 2010. Start your Free Trial

What is Active Fine Chemicals Debt-to-Equity?

Active Fine Chemicals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was BDT3,148 Mil. Active Fine Chemicals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was BDT196 Mil. Active Fine Chemicals's Total Stockholders Equity for the quarter that ended in Mar. 2023 was BDT5,319 Mil. Active Fine Chemicals's debt to equity for the quarter that ended in Mar. 2023 was 0.63.

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 Active Fine Chemicals's Debt-to-Equity or its related term are showing as below:

DHA:ACTIVEFINE's Debt-to-Equity is not ranked *
in the Chemicals industry.
Industry Median: 0.35
* Ranked among companies with meaningful Debt-to-Equity only.

Active Fine Chemicals Debt-to-Equity Historical Data

The historical data trend for Active Fine Chemicals'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.

Active Fine Chemicals Debt-to-Equity Chart

Active Fine Chemicals Annual Data
Trend Dec13 Dec14 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only 0.30 0.30 0.43 0.55 0.60

Active Fine Chemicals Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Mar23
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 0.57 0.58 0.60 0.61 0.63

Competitive Comparison of Active Fine Chemicals's Debt-to-Equity

For the Chemicals subindustry, Active Fine Chemicals'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.


Active Fine Chemicals's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Active Fine Chemicals's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Active Fine Chemicals's Debt-to-Equity falls into.



Active Fine Chemicals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Active Fine Chemicals's Debt to Equity Ratio for the fiscal year that ended in Jun. 2022 is calculated as

Active Fine Chemicals's Debt to Equity Ratio for the quarter that ended in Mar. 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.


Active Fine Chemicals  (DHA:ACTIVEFINE) 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.


Active Fine Chemicals Debt-to-Equity Related Terms

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


Active Fine Chemicals (DHA:ACTIVEFINE) Business Description

Traded in Other Exchanges
N/A
Address
House number 87-89, Road number 04, Block number B, Niketon, Gulshan-1, Dhaka, BGD, 1212
Active Fine Chemicals Ltd is a Bangladesh based chemical company engaged in manufacturing active pharmaceutical ingredients and laboratory reagents. Its product offerings include azithromycin dihydrate, erythromycin ethyl succinate, erythromycin stearate, pantoprazole sodium sesquihydrate, venlafaxine HCL, sitagliptin phosphate monohydrate, and pregabalin. While it also manufactures laboratory reagents including HPLC Grade solvents, solvents, and powder reagents.

Active Fine Chemicals (DHA:ACTIVEFINE) Headlines

No Headlines