Australian Premium Solar (India) (NSE:APS) Debt-to-Equity : 0.15 (As of Mar. 2023)

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What is Australian Premium Solar (India) Debt-to-Equity?

Australian Premium Solar (India)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹11.2 Mil. Australian Premium Solar (India)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹11.0 Mil. Australian Premium Solar (India)'s Total Stockholders Equity for the quarter that ended in Mar. 2023 was ₹144.7 Mil. Australian Premium Solar (India)'s debt to equity for the quarter that ended in Mar. 2023 was 0.15.

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 Australian Premium Solar (India)'s Debt-to-Equity or its related term are showing as below:

NSE:APS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.15 Med: 0.27 Max: 0.39
Current: 0.15

During the past 3 years, the highest Debt-to-Equity Ratio of Australian Premium Solar (India) was 0.39. The lowest was 0.15. And the median was 0.27.

NSE:APS's Debt-to-Equity is ranked better than
62.36% of 874 companies
in the Semiconductors industry
Industry Median: 0.26 vs NSE:APS: 0.15

Australian Premium Solar (India) Debt-to-Equity Historical Data

The historical data trend for Australian Premium Solar (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.

Australian Premium Solar (India) Debt-to-Equity Chart

Australian Premium Solar (India) Annual Data

Trend

Mar21

Mar22

Mar23

Debt-to-Equity

0.39

0.27

0.15

Australian Premium Solar (India) Semi-Annual Data
	Mar21	Mar22	Mar23
Debt-to-Equity	0.39	0.27	0.15

Competitive Comparison of Australian Premium Solar (India)'s Debt-to-Equity

For the Solar subindustry, Australian Premium Solar (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.

Australian Premium Solar (India)'s Debt-to-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Australian Premium Solar (India)'s Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Australian Premium Solar (India)'s Debt-to-Equity falls into.

Australian Premium Solar (India) Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Australian Premium Solar (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
	=	(11.202	+	11.011)	/	144.662
	=	0.15

Australian Premium Solar (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
	=	(11.202	+	11.011)	/	144.662
	=	0.15

Australian Premium Solar (India) (NSE:APS) 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.

Australian Premium Solar (India) Debt-to-Equity Related Terms

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Australian Premium Solar (India) (NSE:APS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Australian Premium Solar (India) Ltd (NSE:APS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

Website

Australian Premium Solar (India) Ltd is engaged in the manufacturing of Solar Panels and EPC Services of solar systems. It manufactures two types of solar panels: (i) Monocrystalline Solar Panel; and (ii) Polycrystalline Solar Panel. It also provide installation services for solar panels and solar pumps. Majority of the revenue is generated from manufacturing of solar panels.

Australian Premium Solar (India) (NSE:APS) Headlines

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