Art Nirman (NSE:ARTNIRMAN) Debt-to-Equity : 0.07 (As of Mar. 2023)

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What is Art Nirman Debt-to-Equity?

Art Nirman's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹1.0 Mil. Art Nirman's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹24.3 Mil. Art Nirman's Total Stockholders Equity for the quarter that ended in Mar. 2023 was ₹341.2 Mil. Art Nirman's debt to equity for the quarter that ended in Mar. 2023 was 0.07.

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 Art Nirman's Debt-to-Equity or its related term are showing as below:

NSE:ARTNIRMAN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 1.02 Max: 280.72
Current: 0.07

During the past 12 years, the highest Debt-to-Equity Ratio of Art Nirman was 280.72. The lowest was 0.01. And the median was 1.02.

NSE:ARTNIRMAN's Debt-to-Equity is ranked better than
89.71% of 1584 companies
in the Real Estate industry
Industry Median: 0.76 vs NSE:ARTNIRMAN: 0.07

Art Nirman Debt-to-Equity Historical Data

The historical data trend for Art Nirman'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.

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Art Nirman Debt-to-Equity Chart

Art Nirman Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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1.74

0.75

0.11

0.01

0.07

Art Nirman Semi-Annual Data
	Mar12	Mar13	Mar14	Mar15	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23
Debt-to-Equity	Get a 7-Day Free Trial													0.11	0.01	0.01	0.06	0.07

Competitive Comparison of Art Nirman's Debt-to-Equity

For the Real Estate - Development subindustry, Art Nirman'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.

Art Nirman's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Art Nirman's Debt-to-Equity distribution charts can be found below:

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

Art Nirman Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Art Nirman'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
	=	(0.978	+	24.284)	/	341.152
	=	0.07

Art Nirman'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
	=	(0.978	+	24.284)	/	341.152
	=	0.07

Art Nirman (NSE:ARTNIRMAN) 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.

Art Nirman Debt-to-Equity Related Terms

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Art Nirman (NSE:ARTNIRMAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Art Nirman Ltd (NSE:ARTNIRMAN) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Science City Main Road, 410, JBR Arcade, Sola, Ahmedabad, GJ, IND, 380060

Website

https://www.artnirman.com

Art Nirman Ltd is engaged in the construction of residential and commercial buildings in India. Its residential projects include Affordable housing, luxurious flat, and towers as well as luxurious bungalows and its commercial projects comprise office spaces as well as showrooms and shops. The company operates only in India. It operates in one segment namely Real Estate.

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