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Associated Ceramics (BOM:531168) Debt-to-Equity : 0.33 (As of Mar. 2024)


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What is Associated Ceramics Debt-to-Equity?

Associated Ceramics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹70.4 Mil. Associated Ceramics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0.0 Mil. Associated Ceramics's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹214.7 Mil. Associated Ceramics's debt to equity for the quarter that ended in Mar. 2024 was 0.33.

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 Associated Ceramics's Debt-to-Equity or its related term are showing as below:

BOM:531168' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11   Med: 0.29   Max: 0.85
Current: 0.33

During the past 9 years, the highest Debt-to-Equity Ratio of Associated Ceramics was 0.85. The lowest was 0.11. And the median was 0.29.

BOM:531168's Debt-to-Equity is ranked better than
54.06% of 357 companies
in the Building Materials industry
Industry Median: 0.38 vs BOM:531168: 0.33

Associated Ceramics Debt-to-Equity Historical Data

The historical data trend for Associated Ceramics'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.

Associated Ceramics Debt-to-Equity Chart

Associated Ceramics Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only 0.22 0.26 0.12 N/A 0.33

Associated Ceramics Quarterly Data
Mar17 Mar18 Mar19 Mar20 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23 Mar24
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 N/A N/A N/A N/A 0.33

Competitive Comparison of Associated Ceramics's Debt-to-Equity

For the Building Materials subindustry, Associated Ceramics'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.


Associated Ceramics's Debt-to-Equity Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Associated Ceramics's Debt-to-Equity distribution charts can be found below:

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



Associated Ceramics Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Associated Ceramics's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Associated Ceramics's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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.


Associated Ceramics  (BOM:531168) 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.


Associated Ceramics Debt-to-Equity Related Terms

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


Associated Ceramics (BOM:531168) Business Description

Traded in Other Exchanges
N/A
Address
17, Ganesh Chandra Avenue, 4th Floor, Kolkata, WB, IND, 700013
Associated Ceramics Ltd is a manufacturer of heat containment products. The company supplies its products to the manufacturer of glass, iron and steel, cement, aluminum, coke oven, and graphite electrode industries across India and internationally.

Associated Ceramics (BOM:531168) Headlines

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