AIA Engineering (AIA Engineering) Debt-to-Equity : 0.07 (As of Mar. 2024)

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What is AIA Engineering Debt-to-Equity?

AIA Engineering's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $55.13 Mil. AIA Engineering's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.41 Mil. AIA Engineering's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $801.93 Mil. AIA Engineering's debt to equity for the quarter that ended in Mar. 2024 was 0.07.

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

AAGGY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.05 Max: 0.09
Current: 0.07

During the past 13 years, the highest Debt-to-Equity Ratio of AIA Engineering was 0.09. The lowest was 0.00. And the median was 0.05.

AAGGY's Debt-to-Equity is ranked better than
79.74% of 2631 companies
in the Industrial Products industry
Industry Median: 0.29 vs AAGGY: 0.07

AIA Engineering Debt-to-Equity Historical Data

The historical data trend for AIA Engineering'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.

AIA Engineering Debt-to-Equity Chart

AIA Engineering Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.03

0.05

0.09

0.07

AIA Engineering Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.09	N/A	0.08	N/A	0.07

Competitive Comparison of AIA Engineering's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, AIA Engineering'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.

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

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

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

AIA Engineering Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

AIA Engineering'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
	=	(55.125	+	0.41)	/	801.931
	=	0.07

AIA Engineering'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
	=	(55.125	+	0.41)	/	801.931
	=	0.07

AIA Engineering (GREY:AAGGY) 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.

AIA Engineering Debt-to-Equity Related Terms

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AIA Engineering (AIA Engineering) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » AIA Engineering Ltd (GREY:AAGGY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

AIAENG:India 532683:India

Address

Off. S. G. Highway, Sindhu Bhavan Road, 11-12, Sigma Corporates, Behind HOF Showroom, Bodakdev, Ahmedabad, GJ, IND, 380054

Website

http://www.aiaengineering.com

AIA Engineering Ltd is an India-based company that develops, manufactures, and distributes chromium consumable wear parts, including grinding media, shell liners, diaphragms, grinding tables, heat-resistant castings, cone crushers, and others. The company's products are applied in the crushing/grinding processes in the cement, mining, thermal power, and other sectors. AIA Engineering Ltd generates the majority of its sales from markets outside of India. Vega Industries, a wholly-owned subsidiary of this company, is responsible for distributing the company's products outside India.

AIA Engineering (AIA Engineering) Headlines

From GuruFocus

Q3 2024 AIA Engineering Ltd Earnings Call Transcript

By GuruFocus Research • 02-10-2024