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Ashnisha Industries (BOM:541702) Debt-to-Equity : N/A (As of Dec. 2024)


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What is Ashnisha Industries Debt-to-Equity?

Ashnisha Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₹0.0 Mil. Ashnisha Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₹0.0 Mil. Ashnisha Industries's Total Stockholders Equity for the quarter that ended in Dec. 2024 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 Ashnisha Industries's Debt-to-Equity or its related term are showing as below:

BOM:541702' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03   Med: 0.07   Max: 2347
Current: 1.36

During the past 9 years, the highest Debt-to-Equity Ratio of Ashnisha Industries was 2347.00. The lowest was 0.03. And the median was 0.07.

BOM:541702's Debt-to-Equity is ranked worse than
88.09% of 554 companies
in the Steel industry
Industry Median: 0.44 vs BOM:541702: 1.36

Ashnisha Industries Debt-to-Equity Historical Data

The historical data trend for Ashnisha 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.

Ashnisha Industries Debt-to-Equity Chart

Ashnisha Industries Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only 0.04 0.07 0.04 0.03 0.06

Ashnisha Industries Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 Premium Member Only Premium Member Only N/A 0.06 N/A 1.36 N/A

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

For the Steel subindustry, Ashnisha 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.


Ashnisha Industries's Debt-to-Equity Distribution in the Steel Industry

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

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


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Ashnisha Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Ashnisha Industries's Debt to Equity Ratio for the quarter that ended in Dec. 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.


Ashnisha Industries  (BOM:541702) 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.


Ashnisha Industries Debt-to-Equity Related Terms

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Ashnisha Industries Business Description

Traded in Other Exchanges
N/A
Address
Mithakhali Six Roads, 7th Floor, Ashoka Chambers, Opposite HCG Hospital, Ahmedabad, GJ, IND, 380006
Ashnisha Industries Ltd is engaged in the manufacturing and trading of steel and steel alloys. It also operates in the Trading and Investment Business.

Ashnisha Industries Headlines

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