Atmastco (NSE:ATMASTCO) Debt-to-Equity : 0.66 (As of Mar. 2024)

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What is Atmastco Debt-to-Equity?

Atmastco's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹463 Mil. Atmastco's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹246 Mil. Atmastco's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹1,080 Mil. Atmastco's debt to equity for the quarter that ended in Mar. 2024 was 0.66.

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

NSE:ATMASTCO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.66 Med: 1.25 Max: 1.39
Current: 0.66

During the past 4 years, the highest Debt-to-Equity Ratio of Atmastco was 1.39. The lowest was 0.66. And the median was 1.25.

NSE:ATMASTCO's Debt-to-Equity is ranked worse than
75.14% of 2619 companies
in the Industrial Products industry
Industry Median: 0.28 vs NSE:ATMASTCO: 0.66

Atmastco Debt-to-Equity Historical Data

The historical data trend for Atmastco'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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Atmastco Debt-to-Equity Chart

Atmastco Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

1.39

1.22

1.29

0.66

Atmastco Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
Debt-to-Equity	1.39	1.22	1.29	0.66

Competitive Comparison of Atmastco's Debt-to-Equity

For the Metal Fabrication subindustry, Atmastco'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.

Atmastco's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Atmastco's Debt-to-Equity distribution charts can be found below:

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

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Atmastco Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Atmastco's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 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
	=	(462.611	+	246.419)	/	1079.639
	=	0.66

Atmastco's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(462.611	+	246.419)	/	1079.639
	=	0.66

Atmastco (NSE:ATMASTCO) 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.

Atmastco Debt-to-Equity Related Terms

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Atmastco Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Atmastco Ltd (NSE:ATMASTCO) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nandini Road, 157-158, Light Industrial Area, Opp. Karuna Hospital, Durg, Bhilai, CT, IND, 490026

Website

https://www.atmastco.com

Atmastco Ltd is engaged in the business of executing turnkey/engineering procurement and construction company (EPC) contracts in ferrous and non-ferrous sector and providing end-to-end solutions offering multi-disciplinary services and project management solutions. It is also into design, manufacturing and supply of precision equipment's and heavy fabrication structures for various industrial use and other incomes such as Ceiling Girder, Railway Girder, Columns & Bracings, Bolted Structures, Equipment's and Pressure ducts, Box Columns etc.

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