Aspire and Innovative Advertising (NSE:ASPIRE) Debt-to-Equity: 0.34 (As of Mar. 2026) — 31% Above Median

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NSE:ASPIRE Aspire and Innovative Advertising Ltd NSE:ASPIRE
32 GF Score
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What is Aspire and Innovative Advertising Debt-to-Equity?

Aspire and Innovative Advertising NSE:ASPIRE +3.53% 32 Debt-to-Equity is 0.34 as of Mar. 2026, which is 31% above its 10-year median of 0.26. GuruFocus rates NSE:ASPIRE with a GF Score™ of 32/100. The stock has 8 warning signs investors should review. Among 911 Transportation companies, Aspire and Innovative Advertising ranks better than 64.22% on this metric.

Aspire and Innovative Advertising's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹170 Mil. Aspire and Innovative Advertising's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹8 Mil. Aspire and Innovative Advertising's Total Stockholders Equity for the quarter that ended in Mar. 2026 was ₹524 Mil. Aspire and Innovative Advertising's debt to equity for the quarter that ended in Mar. 2026 was 0.34.

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 Aspire and Innovative Advertising's Debt-to-Equity or its related term are showing as below:

NSE:ASPIRE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11   Med: 0.26   Max: 0.57
Current: 0.34

During the past 6 years, the highest Debt-to-Equity Ratio of Aspire and Innovative Advertising was 0.57. The lowest was 0.11. And the median was 0.26.

NSE:ASPIRE's Debt-to-Equity is ranked better than
64.22% of 911 companies
in the Transportation industry
Industry Median: 0.53 vs NSE:ASPIRE: 0.34

Aspire and Innovative Advertising  (NSE:ASPIRE) 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.


Aspire and Innovative Advertising Debt-to-Equity Related Terms


Aspire and Innovative Advertising Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Aspire and Innovative Advertising'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.

Aspire and Innovative Advertising Debt-to-Equity Chart

Aspire and Innovative Advertising Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Equity
Get a 7-Day Free Trial 0.11 0.57 0.35 0.18 0.34

Aspire and Innovative Advertising Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Mar25 Mar26
Debt-to-Equity Get a 7-Day Free Trial 0.57 0.60 0.35 0.18 0.34

NSE:ASPIRE vs UPS, FDX, JBHT: Debt-to-Equity Comparison

For the Integrated Freight & Logistics subindustry, Aspire and Innovative Advertising'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.


Aspire and Innovative Advertising Debt-to-Equity vs Transportation Industry

For the Transportation industry and Industrials sector, Aspire and Innovative Advertising's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Aspire and Innovative Advertising's Debt-to-Equity falls into.


NSE:ASPIRE
32GF Score
Aspire and Innovative Advertising Ltd NSE:ASPIRE
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Aspire and Innovative Advertising Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Aspire and Innovative Advertising's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Aspire and Innovative Advertising's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.34 mean?
Aspire and Innovative Advertising (NSE:ASPIRE) has a Debt-to-Equity of 0.34 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Aspire and Innovative Advertising and its competitors. This is 31% above median its historical median of 0.26. Over the past decade, Aspire and Innovative Advertising's Debt-to-Equity has ranged from 0.11 to 0.57. According to the industry distribution chart, Aspire and Innovative Advertising ranks #326 out of 911 companies in the Transportation industry, placing it in the top 35.8%.
Is Aspire and Innovative Advertising's Debt-to-Equity too high?
Aspire and Innovative Advertising's current Debt-to-Equity of 0.34 is 31% above median its 10-year median of 0.26. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 0.57. The Transportation industry median Debt-to-Equity is 0.53. Aspire and Innovative Advertising's value of 0.34 is 35.8% below this industry median. Based on the distribution chart, Aspire and Innovative Advertising ranks #326 out of 911 companies in the Transportation industry, which is above the industry midpoint. Overall, Aspire and Innovative Advertising has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Aspire and Innovative Advertising's Debt-to-Equity compare to UPS and FDX?
According to the Transportation industry distribution chart, Aspire and Innovative Advertising ranks #326 out of 911 companies for Debt-to-Equity. This puts Aspire and Innovative Advertising in the upper half of its industry. The industry median Debt-to-Equity is 0.53. Aspire and Innovative Advertising's value of 0.34 is 35.8% below this benchmark. Historically, Aspire and Innovative Advertising's own Debt-to-Equity has ranged from 0.11 to 0.57 over the past decade. While the company's 10-year median is 0.26 vs. the industry median of 0.53, Aspire and Innovative Advertising has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Transportation company?
The median Debt-to-Equity among Transportation companies is 0.53, based on 911 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Aspire and Innovative Advertising's current Debt-to-Equity of 0.34 is 35.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Aspire and Innovative Advertising and its competitors. For the Transportation industry, the median Debt-to-Equity is 0.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aspire and Innovative Advertising's current Debt-to-Equity is 0.34, which is 31% above median its own 10-year median of 0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aspire and Innovative Advertising stock overvalued right now?
Aspire and Innovative Advertising (NSE:ASPIRE) has a current Debt-to-Equity of 0.34. The current Debt-to-Equity is 0.34, which is 31% above median its 10-year median of 0.26 and 35.8% below the Transportation industry median of 0.53. Aspire and Innovative Advertising's overall GF Score™ is 32/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Aspire and Innovative Advertising (NSE:ASPIRE), the current Debt-to-Equity is 0.34 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Aspire and Innovative Advertising Business Description

Address Plot No. 52, Sector-44, Soulstice Building, Second Floor, Gurugram, HR, IND, 122003
Aspire and Innovative Advertising Ltd is engaged in the trading of a wide range of consumer durables, including kitchen appliances, home appliances, white goods, mobile phones, accessories, and solar products. The company sources products from multiple renowned brands such as Bajaj, Prestige, Vivo, Samsung, Crompton, Whirlpool, Hindware, Havells, and many more, and offers them prominently to rural and semi-urban areas across India. Revenue is generated mainly through sales of these consumer durables, supported by a network of intermediaries and distribution centers that facilitate product availability in targeted regions.
32GF Score

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