Aries Agro (BOM:532935) Debt-to-Equity : N/A (As of Dec. 2023)

View and export this data going back to 2008. Start your Free Trial

What is Aries Agro Debt-to-Equity?

Aries Agro's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Aries Agro's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Aries Agro's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹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 Aries Agro's Debt-to-Equity or its related term are showing as below:

BOM:532935' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.21 Med: 0.82 Max: 1.06
Current: 0.21

During the past 13 years, the highest Debt-to-Equity Ratio of Aries Agro was 1.06. The lowest was 0.21. And the median was 0.82.

BOM:532935's Debt-to-Equity is ranked better than
62.96% of 216 companies
in the Agriculture industry
Industry Median: 0.375 vs BOM:532935: 0.21

Aries Agro Debt-to-Equity Historical Data

The historical data trend for Aries Agro'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.

Aries Agro Debt-to-Equity Chart

Aries Agro Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

Get a 7-Day Free Trial

0.91

0.81

0.68

0.50

0.41

Aries Agro 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	0.41	N/A	0.21	N/A

Competitive Comparison of Aries Agro's Debt-to-Equity

For the Agricultural Inputs subindustry, Aries Agro'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.

Aries Agro's Debt-to-Equity Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Aries Agro's Debt-to-Equity distribution charts can be found below:

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

Aries Agro Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Aries Agro'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
	=	(765.061	+	231.939)	/	2428.528
	=	0.41

Aries Agro'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

Aries Agro (BOM:532935) 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.

Aries Agro Debt-to-Equity Related Terms

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

Aries Agro (BOM:532935) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Aries Agro Ltd (BOM:532935) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ARIES:India

Address

Aries House, Plot Number 24, Deonar, Govandi (East), Mumbai, MH, IND, 400043

Website

https://www.ariesagro.com

Aries Agro Ltd is involved in the business of manufacturing of micronutrients and other customized nutritional products for plants and animals. The organization has only one business segment, Agri inputs. The company also deals in Veterinary products on a small scale. It has also started dealing and manufacturing Soluble fertilizers and Sulphur based fertilizers. Some of the products produced by the company are agromin soil application, ASA max powder, ASA granules, Chelamin, macrofert, chelacop, and fishmin.

Aries Agro (BOM:532935) Headlines

No Headlines