Aeroflex Industries (BOM:543972) Debt-to-Equity : 0.00 (As of Mar. 2024)

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What is Aeroflex Industries Debt-to-Equity?

Aeroflex Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹1 Mil. Aeroflex Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹1 Mil. Aeroflex Industries's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹2,931 Mil. Aeroflex Industries's debt to equity for the quarter that ended in Mar. 2024 was 0.00.

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 Aeroflex Industries's Debt-to-Equity or its related term are showing as below:

During the past 5 years, the highest Debt-to-Equity Ratio of Aeroflex Industries was 1.20. The lowest was 0.39. And the median was 0.68.

BOM:543972's Debt-to-Equity is not ranked ^*
in the Industrial Products industry.
Industry Median: 0.28
* Ranked among companies with meaningful Debt-to-Equity only.

Aeroflex Industries Debt-to-Equity Historical Data

The historical data trend for Aeroflex 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.

Aeroflex Industries Debt-to-Equity Chart

Aeroflex Industries Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

1.20

0.90

0.45

0.39

Aeroflex Industries Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial			0.45	N/A	0.39	-	-

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

For the Metal Fabrication subindustry, Aeroflex 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.

Aeroflex Industries's Debt-to-Equity Distribution in the Industrial Products Industry

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

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

Aeroflex Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Aeroflex Industries'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
	=	(0.577	+	0.634)	/	2931.498
	=	0.00

Aeroflex Industries'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
	=	(0.577	+	0.634)	/	2931.498
	=	0.00

Aeroflex Industries (BOM:543972) 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.

Aeroflex Industries Debt-to-Equity Related Terms

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

Aeroflex Industries (BOM:543972) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Aeroflex Industries Ltd (BOM:543972) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

AEROFLEX:India

Address

Plot No. 41, 42/13, 42/14 & 42/18, Village Chal, Behind IGPL, near Taloja MIDC, Panvel, Navi Mumbai, MH, IND, 410 208

Website

https://www.aeroflexindia.com

Aeroflex Industries Ltd is a manufacturer and supplier of environment-friendly metallic flexible flow solution products catering to global as well as domestic markets. It supply products to a wide spectrum of industries for the controlled flow of all forms of substances including air, liquid, and solid, Solution products are required in fire sprinklers, gas supply, the flow of air (conditioned/controlled) in aircraft, fueling and hydraulics in aircraft. The company exports its products to more than 80 countries including Europe, the USA and others.

Aeroflex Industries (BOM:543972) Headlines

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