Andhra Petrochemicals (BOM:500012) Debt-to-Equity : 0.15 (As of Mar. 2024)

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What is Andhra Petrochemicals Debt-to-Equity?

Andhra Petrochemicals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹104 Mil. Andhra Petrochemicals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹733 Mil. Andhra Petrochemicals's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹5,557 Mil. Andhra Petrochemicals's debt to equity for the quarter that ended in Mar. 2024 was 0.15.

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 Andhra Petrochemicals's Debt-to-Equity or its related term are showing as below:

BOM:500012' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.32 Max: 0.98
Current: 0.15

During the past 13 years, the highest Debt-to-Equity Ratio of Andhra Petrochemicals was 0.98. The lowest was 0.06. And the median was 0.32.

BOM:500012's Debt-to-Equity is ranked better than
70.98% of 1392 companies
in the Chemicals industry
Industry Median: 0.36 vs BOM:500012: 0.15

Andhra Petrochemicals Debt-to-Equity Historical Data

The historical data trend for Andhra Petrochemicals'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.

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Andhra Petrochemicals Debt-to-Equity Chart

Andhra Petrochemicals Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.38

0.26

0.18

0.15

Andhra Petrochemicals Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.18	N/A	0.17	N/A	0.15

Competitive Comparison of Andhra Petrochemicals's Debt-to-Equity

For the Chemicals subindustry, Andhra Petrochemicals'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.

Andhra Petrochemicals's Debt-to-Equity Distribution in the Chemicals Industry

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

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

Andhra Petrochemicals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Andhra Petrochemicals's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 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
	=	(103.906	+	732.993)	/	5556.933
	=	0.15

Andhra Petrochemicals's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(103.906	+	732.993)	/	5556.933
	=	0.15

Andhra Petrochemicals (BOM:500012) 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.

Andhra Petrochemicals Debt-to-Equity Related Terms

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Andhra Petrochemicals (BOM:500012) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Andhra Petrochemicals Ltd (BOM:500012) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Venkatarayapuram, West Godavari District, Tanuku, AP, IND, 534215

Website

https://www.andhrapetrochemicals.com

Andhra Petrochemicals Ltd is an India-based company, which is engaged in the manufacturing of oxo-alcohols. The company's products/services include 2 Ethyl Hexanol and Butanols. It offers Normal Butanol and Iso Butanol. Its 2 Ethyl Hexanol has applications in plasticizers, stabilizers, solvents, acrylates, and finishing compounds for ink. Other applications of 2 Ethyl Hexanol include nitrate esters, lube and fuel additives, surfactants, mining, stabilizers, solvent extractions, oil flotations, agricultural chemicals, and engine machinery lubrication. Its facilities include steam generation, diesel power generation, seawater cooling towers, and raw water storage.

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