Akshar Spintex (BOM:541303) Debt-to-Equity : N/A (As of Dec. 2023)

Akshar Spintex Debt-to-Equity Chart

Akshar Spintex Annual Data
	Trend	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23
Debt-to-Equity		Get a 7-Day Free Trial					0.81	0.81	0.69	0.59	0.44

Akshar Spintex Quarterly Data
	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															N/A	0.44	N/A	0.41	N/A

Competitive Comparison of Akshar Spintex's Debt-to-Equity

For the Textile Manufacturing subindustry, Akshar Spintex'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.

Akshar Spintex's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Akshar Spintex's Debt-to-Equity distribution charts can be found below:

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

Akshar Spintex Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Akshar Spintex's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Akshar Spintex's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.

Akshar Spintex  (BOM:541303) 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.

Akshar Spintex Debt-to-Equity Related Terms

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Akshar Spintex (BOM:541303) Business Description