Aarey Drugs & Pharmaceuticals (NSE:AAREYDRUGS) Debt-to-Equity : N/A (As of Dec. 2023)

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What is Aarey Drugs & Pharmaceuticals Debt-to-Equity?

Aarey Drugs & Pharmaceuticals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Aarey Drugs & Pharmaceuticals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Aarey Drugs & Pharmaceuticals's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹0 Mil.

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 Aarey Drugs & Pharmaceuticals's Debt-to-Equity or its related term are showing as below:

NSE:AAREYDRUGS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.2 Max: 0.41
Current: 0.31

During the past 13 years, the highest Debt-to-Equity Ratio of Aarey Drugs & Pharmaceuticals was 0.41. The lowest was 0.04. And the median was 0.20.

NSE:AAREYDRUGS's Debt-to-Equity is ranked worse than
50.94% of 848 companies
in the Drug Manufacturers industry
Industry Median: 0.3 vs NSE:AAREYDRUGS: 0.31

Aarey Drugs & Pharmaceuticals Debt-to-Equity Historical Data

The historical data trend for Aarey Drugs & Pharmaceuticals'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.

Aarey Drugs & Pharmaceuticals Debt-to-Equity Chart

Aarey Drugs & Pharmaceuticals Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.19

0.18

0.13

0.32

Aarey Drugs & Pharmaceuticals 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															N/A	0.32	N/A	0.31	N/A

Competitive Comparison of Aarey Drugs & Pharmaceuticals's Debt-to-Equity

For the Drug Manufacturers - Specialty & Generic subindustry, Aarey Drugs & Pharmaceuticals'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.

Aarey Drugs & Pharmaceuticals's Debt-to-Equity Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Aarey Drugs & Pharmaceuticals's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Aarey Drugs & Pharmaceuticals's Debt-to-Equity falls into.

Aarey Drugs & Pharmaceuticals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Aarey Drugs & Pharmaceuticals'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
	=	(333.575	+	43.606)	/	1174.084
	=	0.32

Aarey Drugs & Pharmaceuticals'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
	=	(0	+	0)	/	0
	=	N/A

Aarey Drugs & Pharmaceuticals (NSE:AAREYDRUGS) 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.

Aarey Drugs & Pharmaceuticals Debt-to-Equity Related Terms

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

Aarey Drugs & Pharmaceuticals (NSE:AAREYDRUGS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Aarey Drugs & Pharmaceuticals Ltd (NSE:AAREYDRUGS) » Definitions » Debt-to-Equity

Traded in Other Exchanges

524412:India

Address

340/348, Narshi Natha Street, 107, Sahakar Bhavan, Masjid, Mumbai, MH, IND, 400 009

Website

http://www.aareydrugs.com

Aarey Drugs & Pharmaceuticals Ltd is engaged in bulk drug manufacturing and offers products for industrial applications. The company manufactures active pharmaceutical ingredients, intermediates, and specialty chemicals. It is also involved in the trading of industrial solvents and chemicals. The products offered by the company include N-Methyl urea, Dimethyl urea, Mefenamic acid, Metformin, Doxaphylline, BMD among others. The company principally carries its business operations in India.

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