Al-Ghazi Tractors (KAR:AGTL) Debt-to-Equity : 0.28 (As of Dec. 2024)

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What is Al-Ghazi Tractors Debt-to-Equity?

Al-Ghazi Tractors's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₨2,470 Mil. Al-Ghazi Tractors's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₨102 Mil. Al-Ghazi Tractors's Total Stockholders Equity for the quarter that ended in Dec. 2024 was ₨9,197 Mil. Al-Ghazi Tractors's debt to equity for the quarter that ended in Dec. 2024 was 0.28.

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 Al-Ghazi Tractors's Debt-to-Equity or its related term are showing as below:

KAR:AGTL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.28 Med: 0.95 Max: 4.02
Current: 0.28

During the past 13 years, the highest Debt-to-Equity Ratio of Al-Ghazi Tractors was 4.02. The lowest was 0.28. And the median was 0.95.

KAR:AGTL's Debt-to-Equity is ranked better than
58.51% of 188 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 0.385 vs KAR:AGTL: 0.28

Al-Ghazi Tractors Debt-to-Equity Historical Data

The historical data trend for Al-Ghazi Tractors'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.

Al-Ghazi Tractors Debt-to-Equity Chart

Al-Ghazi Tractors Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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0.69

1.21

0.32

0.28

Al-Ghazi Tractors 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															0.32	0.13	0.27	0.57	0.28

Competitive Comparison of Al-Ghazi Tractors's Debt-to-Equity

For the Farm & Heavy Construction Machinery subindustry, Al-Ghazi Tractors'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.

Al-Ghazi Tractors's Debt-to-Equity Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Al-Ghazi Tractors's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Al-Ghazi Tractors's Debt-to-Equity falls into.

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Al-Ghazi Tractors Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Al-Ghazi Tractors's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(2469.846	+	102.052)	/	9196.913
	=	0.28

Al-Ghazi Tractors's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(2469.846	+	102.052)	/	9196.913
	=	0.28

Al-Ghazi Tractors (KAR:AGTL) 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.

Al-Ghazi Tractors Debt-to-Equity Related Terms

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Al-Ghazi Tractors Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Al-Ghazi Tractors Ltd (KAR:AGTL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

16th East Street, Off. Korangi Road, Tractor House, No.102-B, DHA Phase I, Karachi, PAK

Website

https://www.alghazitractors.com

Al-Ghazi Tractors Ltd is an agricultural equipment manufacturer in Pakistan. Its operating segment includes the manufacture and sale of agricultural tractors, implements, and spare parts, providing irrigation solutions for agriculture, which generates the majority of the company's revenue. The company's other activities include implements and generators. Its implements segment comprises cultivators, disk harrows, potato diggers, sprayers, ploughs, and all other equipment that aid agriculture, and the generator segment offers energy-efficient diesel generators. Geographically, it derives a majority of revenue from Pakistan.

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