Atam Valves (BOM:543236) Debt-to-Equity : 0.42 (As of Mar. 2024)

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What is Atam Valves Debt-to-Equity?

Atam Valves's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹122.6 Mil. Atam Valves's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹6.1 Mil. Atam Valves's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹310.4 Mil. Atam Valves's debt to equity for the quarter that ended in Mar. 2024 was 0.41.

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 Atam Valves's Debt-to-Equity or its related term are showing as below:

BOM:543236' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.29 Med: 0.56 Max: 3.44
Current: 0.42

During the past 7 years, the highest Debt-to-Equity Ratio of Atam Valves was 3.44. The lowest was 0.29. And the median was 0.56.

BOM:543236's Debt-to-Equity is ranked worse than
61.39% of 2626 companies
in the Industrial Products industry
Industry Median: 0.28 vs BOM:543236: 0.42

Atam Valves Debt-to-Equity Historical Data

The historical data trend for Atam Valves'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.

Atam Valves Debt-to-Equity Chart

Atam Valves Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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1.75

0.54

0.56

0.29

0.42

Atam Valves Quarterly Data
	Mar18	Mar19	Mar20	Sep20	Mar21	Jun21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial											0.29	N/A	0.47	N/A	0.42

Competitive Comparison of Atam Valves's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Atam Valves'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.

Atam Valves's Debt-to-Equity Distribution in the Industrial Products Industry

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

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

Atam Valves Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Atam Valves's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 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
	=	(122.631	+	6.079)	/	310.445
	=	0.41

Atam Valves's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(122.631	+	6.079)	/	310.445
	=	0.41

Atam Valves (BOM:543236) 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.

Atam Valves Debt-to-Equity Related Terms

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Atam Valves (BOM:543236) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Atam Valves Ltd (BOM:543236) » Definitions » Debt-to-Equity

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ATAM:India

Address

1051, Industrial Area, Jalandhar, PB, IND, 144004

Website

https://www.atamvalves.in

Atam Valves Ltd is engaged in the business of manufacturing bronze, cast iron, cast steel, carbon steel, stainless steel, forged steel as well as gun metal industrial valves of various types and sizes ranging from 8 mm up to 350 mm. It manufactures boiler mountings and supplies various types of valves and fittings, steam traps, and strainers. The company's products range includes Air Valves; Ball Valves; Butterfly Valves; Check Valves; Cocks; Foot Valves; Gate Valves; Globe Valves; Injectors; Moisture Separators; Needle Valves; Non Return Valves; Parallel Slide Blow Off Valves; Plug Valves; Pressure Reducing Valves; Safety Valves; Sight Indicators; Steam Stop Valves; Steam Traps; Strainers; Water Level Gauges; and Wheel Valves.

Atam Valves (BOM:543236) Headlines

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