Agriauto Industries (KAR:AGIL) Debt-to-Equity : 0.24 (As of Dec. 2023)

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What is Agriauto Industries Debt-to-Equity?

Agriauto Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₨864 Mil. Agriauto Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₨577 Mil. Agriauto Industries's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₨5,985 Mil. Agriauto Industries's debt to equity for the quarter that ended in Dec. 2023 was 0.24.

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

KAR:AGIL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.03 Max: 0.32
Current: 0.24

During the past 13 years, the highest Debt-to-Equity Ratio of Agriauto Industries was 0.32. The lowest was 0.00. And the median was 0.03.

KAR:AGIL's Debt-to-Equity is ranked better than
69.41% of 1177 companies
in the Vehicles & Parts industry
Industry Median: 0.48 vs KAR:AGIL: 0.24

Agriauto Industries Debt-to-Equity Historical Data

The historical data trend for Agriauto 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.

Agriauto Industries Debt-to-Equity Chart

Agriauto Industries Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

Get a 7-Day Free Trial

0.01

0.19

0.15

Agriauto Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.18	0.09	0.15	0.19	0.24

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

For the Auto Parts subindustry, Agriauto 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.

Agriauto Industries's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Agriauto Industries's Debt-to-Equity distribution charts can be found below:

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

Agriauto Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Agriauto Industries's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(311.538	+	628.675)	/	6161.745
	=	0.15

Agriauto Industries's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(863.57	+	576.811)	/	5984.755
	=	0.24

Agriauto Industries (KAR:AGIL) 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.

Agriauto Industries Debt-to-Equity Related Terms

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

Agriauto Industries (KAR:AGIL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Agriauto Industries Ltd (KAR:AGIL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

5th Floor, House of Habib, 3 JCHS, Block-7/8, Main Shahrah-e-Faisal, Karachi, PAK

Website

https://www.agriauto.com.pk

Agriauto Industries Ltd is a manufacturer of automotive components. It is engaged in the manufacturing and sales of components for automotive vehicles, motor cycles, and agricultural tractors. The company's product portfolio includes Shock Absorbers and Struts; Motorcycle Shock Absorber and Parts; Sheet Metal Press Parts; Tractor Parts and Other Parts.

Agriauto Industries (KAR:AGIL) Headlines

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