Aarti Industries (BOM:524208) Debt-to-Equity : 0.61 (As of Mar. 2024)

View and export this data going back to 1990. Start your Free Trial

What is Aarti Industries Debt-to-Equity?

Aarti Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹16,690 Mil. Aarti Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹15,730 Mil. Aarti Industries's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹52,900 Mil. Aarti Industries's debt to equity for the quarter that ended in Mar. 2024 was 0.61.

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

BOM:524208' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.57 Med: 0.87 Max: 1.32
Current: 0.61

During the past 13 years, the highest Debt-to-Equity Ratio of Aarti Industries was 1.32. The lowest was 0.57. And the median was 0.87.

BOM:524208's Debt-to-Equity is ranked worse than
67.44% of 1388 companies
in the Chemicals industry
Industry Median: 0.36 vs BOM:524208: 0.61

Aarti Industries Debt-to-Equity Historical Data

The historical data trend for Aarti 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.

Aarti Industries Debt-to-Equity Chart

Aarti Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

Get a 7-Day Free Trial

0.71

0.82

0.57

0.59

0.61

Aarti Industries 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															0.59	N/A	0.64	N/A	0.61

Competitive Comparison of Aarti Industries's Debt-to-Equity

For the Specialty Chemicals subindustry, Aarti 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.

Aarti Industries's Debt-to-Equity Distribution in the Chemicals Industry

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

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

Aarti Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Aarti Industries'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
	=	(16690	+	15730)	/	52900
	=	0.61

Aarti Industries'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
	=	(16690	+	15730)	/	52900
	=	0.61

Aarti Industries (BOM:524208) 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.

Aarti Industries Debt-to-Equity Related Terms

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

Aarti Industries (BOM:524208) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Aarti Industries Ltd (BOM:524208) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

AARTIIND:India

Address

Mulund Goregaon Link Road, L.B.S. Marg, 71, Udyog Kshetra, 2nd Floor, Mulund (West), Mumbai, MH, IND, 400080

Website

https://www.aarti-industries.com

Aarti Industries Ltd manufactures and sells chemicals and chemical-based products in two segments based on the product type. The Specialty chemical segment, which generates the majority of revenue, sells benzene-based chemicals, which are used in agricultural products, dyes and pigments, and flavors and fragrances. The Pharmaceuticals segment sells drugs used to treat diarrhea, inflammation, asthma, as well as antibiotics and antidiabetics. More revenue comes from India than any other country or region.

Aarti Industries (BOM:524208) Headlines

No Headlines