Aether Industries (BOM:543534) Debt-to-Equity : N/A (As of Dec. 2023)

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What is Aether Industries Debt-to-Equity?

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

BOM:543534' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.71 Max: 2.63
Current: 0.01

During the past 5 years, the highest Debt-to-Equity Ratio of Aether Industries was 2.63. The lowest was 0.01. And the median was 0.71.

BOM:543534's Debt-to-Equity is ranked better than
99.93% of 1396 companies
in the Chemicals industry
Industry Median: 0.35 vs BOM:543534: 0.01

Aether Industries Debt-to-Equity Historical Data

The historical data trend for Aether 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.

Aether Industries Debt-to-Equity Chart

Aether Industries Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

2.63

1.88

1.22

0.75

0.01

Aether Industries Quarterly Data
	Mar19	Mar20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial										N/A	0.01	N/A	0.01	N/A

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

For the Specialty Chemicals subindustry, Aether 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.

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

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

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

Aether Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Aether 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
	=	(11.83	+	145.32)	/	12446.06
	=	0.01

Aether 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

Aether Industries (BOM:543534) 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.

Aether Industries Debt-to-Equity Related Terms

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

Aether Industries (BOM:543534) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Aether Industries Ltd (BOM:543534) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

AETHER:India

Address

Plot No. 8203, GIDC, Sachin, Surat, GJ, IND, 394230

Website

https://www.aether.co.in

Aether Industries Ltd is a manufacturer of specialty chemicals. The products find application in the pharmaceutical, agrochemical, material science, coating, high-performance photography, additive, and oil and gas segments of the chemical industry. There are three broad business models within the primary operating segment, which are: Large-Scale Manufacturing of Specialty Chemicals, Contract Manufacturing, and Contract Research and Manufacturing Services.

Aether Industries (BOM:543534) Headlines

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