Apcotex Industries (BOM:523694) Debt-to-Equity : N/A (As of Dec. 2023)

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What is Apcotex Industries Debt-to-Equity?

Apcotex Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Apcotex Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Apcotex Industries'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 Apcotex Industries's Debt-to-Equity or its related term are showing as below:

BOM:523694' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.12 Max: 0.47
Current: 0.38

During the past 13 years, the highest Debt-to-Equity Ratio of Apcotex Industries was 0.47. The lowest was 0.01. And the median was 0.12.

BOM:523694's Debt-to-Equity is ranked worse than
52.68% of 1399 companies
in the Chemicals industry
Industry Median: 0.35 vs BOM:523694: 0.38

Apcotex Industries Debt-to-Equity Historical Data

The historical data trend for Apcotex 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.

Apcotex Industries Debt-to-Equity Chart

Apcotex Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.01

0.20

0.05

0.13

0.32

Apcotex Industries 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	0.32	N/A	0.38	N/A

Competitive Comparison of Apcotex Industries's Debt-to-Equity

For the Specialty Chemicals subindustry, Apcotex 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.

Apcotex Industries's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Apcotex Industries's Debt-to-Equity distribution charts can be found below:

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

Apcotex Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Apcotex Industries'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
	=	(270.268	+	1247.646)	/	4760.131
	=	0.32

Apcotex Industries'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

Apcotex Industries (BOM:523694) 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.

Apcotex Industries Debt-to-Equity Related Terms

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

Apcotex Industries (BOM:523694) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Apcotex Industries Ltd (BOM:523694) » Definitions » Debt-to-Equity

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APCOTEXIND:India

Address

Babubhai M. Chinai Marg, N. K. Mehta International House, 178, Backbay Reclamation, Mumbai, MH, IND, 400 020

Website

https://www.apcotex.com

Apcotex Industries Ltd is an India-based company engaged in producing emulsion polymers. It operates in the business segment of Synthetic Lattices and Rubber. The various grades of Synthetic Rubber find application in products such as Automotive Components, Hoses, Gaskets, Rice De-husking Rollers, Printing and Industrial Rollers, Friction Materials, Belting, and Footwear. Latexes are used for Paper/Paper Board Coating, Carpet Backing, Tyre Cord Dipping, Construction, and others. Its market coverage includes sales in India and Overseas Countries. The company derives the majority of its revenue from Indian markets.

Apcotex Industries (BOM:523694) Headlines

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