Arihant Institute (BOM:541401) Debt-to-Equity : 0.02 (As of Sep. 2023)

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What is Arihant Institute Debt-to-Equity?

Arihant Institute's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹0.00 Mil. Arihant Institute's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹2.32 Mil. Arihant Institute's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹134.72 Mil. Arihant Institute's debt to equity for the quarter that ended in Sep. 2023 was 0.02.

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 Arihant Institute's Debt-to-Equity or its related term are showing as below:

BOM:541401' s Debt-to-Equity Range Over the Past 10 Years
Min: -4.85 Med: 0.01 Max: 303.85
Current: 0.02

During the past 11 years, the highest Debt-to-Equity Ratio of Arihant Institute was 303.85. The lowest was -4.85. And the median was 0.01.

BOM:541401's Debt-to-Equity is not ranked
in the Education industry.
Industry Median: 0.35 vs BOM:541401: 0.02

Arihant Institute Debt-to-Equity Historical Data

The historical data trend for Arihant Institute'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.

Arihant Institute Debt-to-Equity Chart

Arihant Institute Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.01

Arihant Institute Semi-Annual Data
	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial												N/A	0.01	-	-	0.02

Competitive Comparison of Arihant Institute's Debt-to-Equity

For the Education & Training Services subindustry, Arihant Institute'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.

Arihant Institute's Debt-to-Equity Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Arihant Institute's Debt-to-Equity distribution charts can be found below:

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

Arihant Institute Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Arihant Institute'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
	=	(0	+	0.258)	/	134.685
	=	0.00

Arihant Institute's Debt to Equity Ratio for the quarter that ended in Sep. 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	+	2.317)	/	134.72
	=	0.02

Arihant Institute (BOM:541401) 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.

Arihant Institute Debt-to-Equity Related Terms

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Arihant Institute (BOM:541401) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Arihant Institute Ltd (BOM:541401) » Definitions » Debt-to-Equity

Comparable Companies

PBYA BOM:530093 BOM:542592 BOM:543443 TSXV:CHN

Traded in Other Exchanges

N/A

Address

201,202, Ratna High Street, Near Naranpura Crossroad, 2nd Floor, Naranpura, Ahmedabad, GJ, IND, 380 013

Website

http://www.arihantinstitute.com

Arihant Institute Ltd is engaged in providing coaching and educational guidance for students appearing for professional courses such as Company Secretary, Chartered Accountant, and CMA, among others. It provides coaching and guidance from entry-level test exams till the final exam and covers all the subjects in depth with the test series. The company operates the educational program and coaching under the brand name Arihant Institute. It generates its revenue in the form of income from Education, E-learning, E-library, Online study materials, and others.

Arihant Institute (BOM:541401) Headlines

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