Gujarat Apollo Industries (BOM:522217) Debt-to-Equity : N/A (As of Dec. 2023)

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What is Gujarat Apollo Industries Debt-to-Equity?

Gujarat Apollo Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.0 Mil. Gujarat Apollo Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.0 Mil. Gujarat Apollo Industries's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹0.0 Mil.

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 Gujarat Apollo Industries's Debt-to-Equity or its related term are showing as below:

BOM:522217' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.05 Max: 0.32
Current: 0.06

During the past 13 years, the highest Debt-to-Equity Ratio of Gujarat Apollo Industries was 0.32. The lowest was 0.02. And the median was 0.05.

BOM:522217's Debt-to-Equity is ranked better than
81.46% of 2632 companies
in the Industrial Products industry
Industry Median: 0.29 vs BOM:522217: 0.06

Gujarat Apollo Industries Debt-to-Equity Historical Data

The historical data trend for Gujarat Apollo Industries'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.

Gujarat Apollo Industries Debt-to-Equity Chart

Gujarat Apollo Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.04

0.03

0.12

0.03

0.05

Gujarat Apollo Industries 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	Get a 7-Day Free Trial															N/A	0.05	N/A	0.06	N/A

Competitive Comparison of Gujarat Apollo Industries's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Gujarat Apollo Industries'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.

Gujarat Apollo Industries's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Gujarat Apollo Industries's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Gujarat Apollo Industries's Debt-to-Equity falls into.

Gujarat Apollo Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Gujarat Apollo Industries'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
	=	(198.74	+	56.352)	/	4786.962
	=	0.05

Gujarat Apollo Industries'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
	=	(0	+	0)	/	0
	=	N/A

Gujarat Apollo Industries (BOM:522217) 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.

Gujarat Apollo Industries Debt-to-Equity Related Terms

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Gujarat Apollo Industries (BOM:522217) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Gujarat Apollo Industries Ltd (BOM:522217) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

GUJAPOLLO:India

Address

Near Mithakhali Six Roads, 5-B, Rashmi Society, Parishram, Navrangpura, Ahmedabad, GJ, IND, 380009

Website

http://www.apollo.co.in

Gujarat Apollo Industries Ltd is engaged in the manufacturing of different types of mining and road construction and maintenance machinery catering to the needs of the majority of the mining companies in India. Geographically, it derives a majority of revenue from India. Its product categories include Jaw Crusher; Cone Crusher; Horizontal Shaft Impact Crusher; Vertical Shaft Impact Crusher; Vibrating Screen; Mobile Crushing Plant; Crushing and Screening plant; Bucket Crusher; and others.

Gujarat Apollo Industries (BOM:522217) Headlines

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