Atul Auto (NSE:ATULAUTO) Debt-to-Equity : N/A (As of Dec. 2023)

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What is Atul Auto Debt-to-Equity?

Atul Auto's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Atul Auto's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Atul Auto's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹0 Mil.

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

NSE:ATULAUTO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.34 Max: 0.74
Current: 0.34

During the past 13 years, the highest Debt-to-Equity Ratio of Atul Auto was 0.74. The lowest was 0.00. And the median was 0.34.

NSE:ATULAUTO's Debt-to-Equity is ranked better than
61.7% of 1175 companies
in the Vehicles & Parts industry
Industry Median: 0.48 vs NSE:ATULAUTO: 0.34

Atul Auto Debt-to-Equity Historical Data

The historical data trend for Atul Auto'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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Atul Auto Debt-to-Equity Chart

Atul Auto Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.05

0.56

0.39

Atul Auto Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															N/A	0.39	N/A	0.34	N/A

Competitive Comparison of Atul Auto's Debt-to-Equity

For the Auto Manufacturers subindustry, Atul Auto'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.

Atul Auto's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Atul Auto's Debt-to-Equity distribution charts can be found below:

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

Atul Auto Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Atul Auto'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
	=	(1000.3	+	370.5)	/	3481.4
	=	0.39

Atul Auto's Debt to Equity Ratio for the quarter that ended in Dec. 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	+	0)	/	0
	=	N/A

Atul Auto (NSE:ATULAUTO) 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.

Atul Auto Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Atul Auto's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Atul Auto (NSE:ATULAUTO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Atul Auto Ltd (NSE:ATULAUTO) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

531795:India

Address

National Highway 8-B, Survey No. 86, Near Microwave Tower, Plot No. 1 - 4, Shapar (Veraval), Rajkot District, Rajkot, GJ, IND, 360024

Website

https://atulauto.co.in

Atul Auto Ltd is an Indian-based automobile manufacturing company. It manufactures and sells three-wheeled commercial automobiles in the domestic and overseas markets. The product portfolio of the company includes Atul Shakti, Atul Gem, Atul Smart, Atul Gemini, Atul RIK, and Atul Elite. The company has a presence in India as well as exports its products internationally. The majority of the revenue is earned from the domestic market. It operates in the following segment namely Automotive Vehicles and Parts and Non-Banking Financial Business.

Atul Auto (NSE:ATULAUTO) Headlines

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