Associated Alcohols & Breweries (BOM:507526) Debt-to-Equity : 0.26 (As of Mar. 2024)

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What is Associated Alcohols & Breweries Debt-to-Equity?

Associated Alcohols & Breweries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹547 Mil. Associated Alcohols & Breweries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹533 Mil. Associated Alcohols & Breweries's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹4,229 Mil. Associated Alcohols & Breweries's debt to equity for the quarter that ended in Mar. 2024 was 0.26.

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 Associated Alcohols & Breweries's Debt-to-Equity or its related term are showing as below:

BOM:507526' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.22 Max: 0.67
Current: 0.26

During the past 13 years, the highest Debt-to-Equity Ratio of Associated Alcohols & Breweries was 0.67. The lowest was 0.02. And the median was 0.22.

BOM:507526's Debt-to-Equity is ranked better than
61.88% of 181 companies
in the Beverages - Alcoholic industry
Industry Median: 0.38 vs BOM:507526: 0.26

Associated Alcohols & Breweries Debt-to-Equity Historical Data

The historical data trend for Associated Alcohols & Breweries'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.

Associated Alcohols & Breweries Debt-to-Equity Chart

Associated Alcohols & Breweries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.06

0.05

0.02

0.28

0.26

Associated Alcohols & Breweries 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															0.28	N/A	0.24	N/A	0.26

Competitive Comparison of Associated Alcohols & Breweries's Debt-to-Equity

For the Beverages - Wineries & Distilleries subindustry, Associated Alcohols & Breweries'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.

Associated Alcohols & Breweries's Debt-to-Equity Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Associated Alcohols & Breweries's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Associated Alcohols & Breweries's Debt-to-Equity falls into.

Associated Alcohols & Breweries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Associated Alcohols & Breweries'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
	=	(546.84	+	533.098)	/	4228.513
	=	0.26

Associated Alcohols & Breweries'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
	=	(546.84	+	533.098)	/	4228.513
	=	0.26

Associated Alcohols & Breweries (BOM:507526) 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.

Associated Alcohols & Breweries Debt-to-Equity Related Terms

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Associated Alcohols & Breweries (BOM:507526) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Associated Alcohols & Breweries Ltd (BOM:507526) » Definitions » Debt-to-Equity

Traded in Other Exchanges

ASALCBR:India

Address

BPK Star Tower, A.B. Road, 4th Floor, Indore, MP, IND, 452 008

Website

https://www.associatedalcohols.com

Associated Alcohols & Breweries Ltd is engaged in the manufacturing of liquor. The company operates in two business segments that is Potable Alcohol and Ethanol. Geographically, it derives a majority of revenue from India. The company brands include Central Province Whisky; Titanium; Bombay Special Whisky; Desi Madira Masala; Superman Fine Whisky; James MC Gill Whisky and Jamaican Magic Rum.

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