Amiable Logistics (India) (NSE:AMIABLE) Debt-to-Equity : 0.42 (As of Mar. 2023)

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What is Amiable Logistics (India) Debt-to-Equity?

Amiable Logistics (India)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹28.6 Mil. Amiable Logistics (India)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹0.0 Mil. Amiable Logistics (India)'s Total Stockholders Equity for the quarter that ended in Mar. 2023 was ₹68.9 Mil. Amiable Logistics (India)'s debt to equity for the quarter that ended in Mar. 2023 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 Amiable Logistics (India)'s Debt-to-Equity or its related term are showing as below:

NSE:AMIABLE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.47 Max: 1.08
Current: 0.42

During the past 4 years, the highest Debt-to-Equity Ratio of Amiable Logistics (India) was 1.08. The lowest was 0.03. And the median was 0.47.

NSE:AMIABLE's Debt-to-Equity is ranked better than
58.16% of 882 companies
in the Transportation industry
Industry Median: 0.55 vs NSE:AMIABLE: 0.42

Amiable Logistics (India) Debt-to-Equity Historical Data

The historical data trend for Amiable Logistics (India)'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.

Amiable Logistics (India) Debt-to-Equity Chart

Amiable Logistics (India) Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

1.08

0.52

0.03

0.42

Amiable Logistics (India) Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23
Debt-to-Equity	1.08	0.52	0.03	0.26	0.42

Competitive Comparison of Amiable Logistics (India)'s Debt-to-Equity

For the Integrated Freight & Logistics subindustry, Amiable Logistics (India)'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.

Amiable Logistics (India)'s Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Amiable Logistics (India)'s Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Amiable Logistics (India)'s Debt-to-Equity falls into.

Amiable Logistics (India) Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Amiable Logistics (India)'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
	=	(28.564	+	0)	/	68.91
	=	0.41

Amiable Logistics (India)'s Debt to Equity Ratio for the quarter 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
	=	(28.564	+	0)	/	68.91
	=	0.41

Amiable Logistics (India) (NSE:AMIABLE) 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.

Amiable Logistics (India) Debt-to-Equity Related Terms

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Amiable Logistics (India) (NSE:AMIABLE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Amiable Logistics (India) Ltd (NSE:AMIABLE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Neelkanth Business Park, Kirol Village, 322, 3rd Floor, D-Wing, Near Bus Depot Vidhyavihar (West), Mumbai, MH, IND, 400086

Website

https://www.amiablelogistics.com

Amiable Logistics (India) Ltd is engaged in the business of providing services to importers and exporters for the smooth clearance of all kinds of imports and exports by air and sea as a clearing and forwarding agent and customs house broker.

Amiable Logistics (India) (NSE:AMIABLE) Headlines

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