Advait Infratech (BOM:543230) Debt-to-Equity : 0.47 (As of Sep. 2023)

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What is Advait Infratech Debt-to-Equity?

Advait Infratech's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹47 Mil. Advait Infratech's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹200 Mil. Advait Infratech's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹527 Mil. Advait Infratech's debt to equity for the quarter that ended in Sep. 2023 was 0.47.

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 Advait Infratech's Debt-to-Equity or its related term are showing as below:

BOM:543230' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.27 Max: 0.51
Current: 0.47

During the past 6 years, the highest Debt-to-Equity Ratio of Advait Infratech was 0.51. The lowest was 0.04. And the median was 0.27.

BOM:543230's Debt-to-Equity is ranked worse than
64.09% of 2629 companies
in the Industrial Products industry
Industry Median: 0.29 vs BOM:543230: 0.47

Advait Infratech Debt-to-Equity Historical Data

The historical data trend for Advait Infratech'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.

Advait Infratech Debt-to-Equity Chart

Advait Infratech Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.32

0.51

0.23

0.34

Advait Infratech Semi-Annual Data
	Mar18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial						0.06	0.23	0.22	0.34	0.47

Competitive Comparison of Advait Infratech's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Advait Infratech'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.

Advait Infratech's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Advait Infratech's Debt-to-Equity distribution charts can be found below:

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

Advait Infratech Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Advait Infratech'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
	=	(52.964	+	99.323)	/	446.725
	=	0.34

Advait Infratech'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
	=	(47.226	+	200.051)	/	527.408
	=	0.47

Advait Infratech (BOM:543230) 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.

Advait Infratech Debt-to-Equity Related Terms

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Advait Infratech (BOM:543230) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Advait Infratech Ltd (BOM:543230) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Bopal-Ambli Road, Iscon Temple Cross Road, S.G Highway, A-801 to A-803, Sankalp Iconic Tower, Opposite Vikram Nagar, Bodakdev, Ahmedabad, GJ, IND, 380054

Website

https://www.advaitinfra.com

Advait Infratech Ltd is a supplier of the tools and equipment (Stringing Tools) for a construction of transmission line in India. It operates with various verticals such as Turnkey Telecommunication Projects, Installation of the Power Transmission, Sub Station and Telecom Products, Liasioning-marketing & providing end to end solutions for the overseas customers operating in the field Power Transmission and Sub Station, Trading of the similar products, and manufacturing through OEM of the stringing Tools. Its products and solutions offered are Optical Fibre Ground Wire and OFC cables and its solutions, Insulators for the Extra High Voltage Transmission Lines, Stringing Tools for construction of Transmission lines, Gas Insulators Sub Stations supply, Earthing Solutions.

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