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Agarwal Fortune India (BOM:530765) Debt-to-Equity : N/A (As of Dec. 2023)


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What is Agarwal Fortune India Debt-to-Equity?

Agarwal Fortune India's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.00 Mil. Agarwal Fortune India's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.00 Mil. Agarwal Fortune India's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹0.00 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 Agarwal Fortune India's Debt-to-Equity or its related term are showing as below:

BOM:530765' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.29   Med: 1.44   Max: 8.06
Current: 0.29

During the past 13 years, the highest Debt-to-Equity Ratio of Agarwal Fortune India was 8.06. The lowest was 0.29. And the median was 1.44.

BOM:530765's Debt-to-Equity is ranked better than
66.53% of 472 companies
in the Conglomerates industry
Industry Median: 0.55 vs BOM:530765: 0.29

Agarwal Fortune India Debt-to-Equity Historical Data

The historical data trend for Agarwal Fortune India'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.

Agarwal Fortune India Debt-to-Equity Chart

Agarwal Fortune India Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.62 1.29 0.78 - 0.31

Agarwal Fortune India 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 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 - 0.31 N/A 0.29 N/A

Competitive Comparison of Agarwal Fortune India's Debt-to-Equity

For the Conglomerates subindustry, Agarwal Fortune India'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.

Agarwal Fortune India's Debt-to-Equity Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Agarwal Fortune India's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Agarwal Fortune India's Debt-to-Equity falls into.


Agarwal Fortune India Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Agarwal Fortune India'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
=(1.1 + 0) / 3.6
=0.31

Agarwal Fortune India'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

* 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.

Agarwal Fortune India  (BOM:530765) 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.

Agarwal Fortune India Debt-to-Equity Related Terms

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Agarwal Fortune India (BOM:530765) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Agarwal Fortune India Ltd. (BOM:530765) » Definitions » Debt-to-Equity
Comparable Companies
BOM:531409 BOM:513309 BOM:526568 BOM:531918 BOM:507609 BOM:526494 BOM:542524 BOM:524458 BOM:531775 BOM:532444 ADX:IHC HON TSE:8058 TSE:6501 TSE:8031 TSE:8001 MMM ADX:ALPHADHABI HKSE:00267 TSE:8002
Traded in Other Exchanges
N/A
Address
RIICO Industrial Area Ramchandrapura, F-2264, Third Floor, Shri Gopal Nagar, Jaipur, RJ, IND, 302022
Website
https://www.agarwalfortune.com
Agarwal Fortune India Ltd. focused on varied areas such as Export and Import Business, Mergers and Acquisitions, Joint Venture Agreements, E-Commerce, Design and Manufacturing of Glasses and Mirrors, Technical Services, Consultancy Services, and other services.

Agarwal Fortune India (BOM:530765) Headlines

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