IFAD Autos (DHA:IFADAUTOS) Debt-to-Equity : 2.79 (As of Sep. 2023)

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What is IFAD Autos Debt-to-Equity?

IFAD Autos's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was BDT13,463 Mil. IFAD Autos's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was BDT14,627 Mil. IFAD Autos's Total Stockholders Equity for the quarter that ended in Sep. 2023 was BDT10,072 Mil. IFAD Autos's debt to equity for the quarter that ended in Sep. 2023 was 2.79.

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 IFAD Autos's Debt-to-Equity or its related term are showing as below:

DHA:IFADAUTOS' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.98 Med: 2.34 Max: 2.79
Current: 2.79

During the past 9 years, the highest Debt-to-Equity Ratio of IFAD Autos was 2.79. The lowest was 1.98. And the median was 2.34.

DHA:IFADAUTOS's Debt-to-Equity is ranked worse than
94.72% of 1174 companies
in the Vehicles & Parts industry
Industry Median: 0.48 vs DHA:IFADAUTOS: 2.79

IFAD Autos Debt-to-Equity Historical Data

The historical data trend for IFAD Autos'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.

IFAD Autos Debt-to-Equity Chart

IFAD Autos Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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2.12

2.31

2.35

2.62

2.77

IFAD Autos Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															2.40	2.49	2.72	2.77	2.79

Competitive Comparison of IFAD Autos's Debt-to-Equity

For the Auto & Truck Dealerships subindustry, IFAD Autos'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.

IFAD Autos's Debt-to-Equity Distribution in the Vehicles & Parts Industry

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

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

IFAD Autos Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

IFAD Autos'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
	=	(13224.348	+	14673.884)	/	10069.34
	=	2.77

IFAD Autos's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(13462.579	+	14627.289)	/	10072.183
	=	2.79

IFAD Autos (DHA:IFADAUTOS) 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.

IFAD Autos Debt-to-Equity Related Terms

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

IFAD Autos (DHA:IFADAUTOS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » IFAD Autos PLC (DHA:IFADAUTOS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot-7 (New), IFAD Tower, Tejgaon Industrial Area, Dhaka, BGD, 1208

Website

https://www.ifadautos.com

IFAD Autos Ltd is engaged in importing, marketing, and body-building different models of Ashok Leyland's vehicles in Bangladesh through its marketing staff, dealers, and selling agents. The products offered by the company include Bus, Open Truck, Covered Van, Light Commercial Vehicle, and Tractor. Its operating segment includes Imported Vehicles; Assembling Vehicles and Body Building Unit. The company generates maximum revenue from the Assembling Vehicles segment.

IFAD Autos (DHA:IFADAUTOS) Headlines

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