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Jamna Auto Industries (NSE:JAMNAAUTO) Debt-to-Equity : 0.13 (As of Sep. 2024)


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What is Jamna Auto Industries Debt-to-Equity?

Jamna Auto Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹1,079 Mil. Jamna Auto Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹114 Mil. Jamna Auto Industries's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₹9,369 Mil. Jamna Auto Industries's debt to equity for the quarter that ended in Sep. 2024 was 0.13.

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

NSE:JAMNAAUTO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.19   Max: 0.65
Current: 0.13

During the past 13 years, the highest Debt-to-Equity Ratio of Jamna Auto Industries was 0.65. The lowest was 0.01. And the median was 0.19.

NSE:JAMNAAUTO's Debt-to-Equity is ranked better than
80.98% of 1188 companies
in the Vehicles & Parts industry
Industry Median: 0.475 vs NSE:JAMNAAUTO: 0.13

Jamna Auto Industries Debt-to-Equity Historical Data

The historical data trend for Jamna Auto Industries'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.

Jamna Auto Industries Debt-to-Equity Chart

Jamna Auto Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.30 0.22 0.28 0.04 0.19

Jamna Auto Industries Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.08 N/A 0.19 N/A 0.13

Competitive Comparison of Jamna Auto Industries's Debt-to-Equity

For the Auto Parts subindustry, Jamna Auto Industries'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.


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

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

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



Jamna Auto Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Jamna Auto Industries's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Jamna Auto Industries's Debt to Equity Ratio for the quarter that ended in Sep. 2024 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.


Jamna Auto Industries  (NSE:JAMNAAUTO) 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.


Jamna Auto Industries Debt-to-Equity Related Terms

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


Jamna Auto Industries Business Description

Traded in Other Exchanges
Address
2, Park Lane, Kishangarh, Vasant Kunj, New Delhi, IND, 110070
Jamna Auto Industries Ltd is engaged in the manufacturing and selling of Tapered Leaf, Parabolic Springs and Lift Axles for commercial and special application vehicles. The company also provides air suspension solutions and bogie suspension solutions. Its customers include VE Commercial Vehicles, BharatBenz, UD Trucks, Mahindra, Force, Ashok Leyland, Tata Motors, Renault Nissan, Volvo, and General Motors. The company generates a majority of its revenue from India.

Jamna Auto Industries Headlines

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