Alphalogic Industries (BOM:543937) Debt-to-Equity : 0.24 (As of Sep. 2023)

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What is Alphalogic Industries Debt-to-Equity?

Alphalogic Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹43.0 Mil. Alphalogic Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹0.0 Mil. Alphalogic Industries's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹178.9 Mil. Alphalogic Industries's debt to equity for the quarter that ended in Sep. 2023 was 0.24.

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 Alphalogic Industries's Debt-to-Equity or its related term are showing as below:

BOM:543937' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.24 Med: 1.41 Max: 3.05
Current: 0.24

During the past 3 years, the highest Debt-to-Equity Ratio of Alphalogic Industries was 3.05. The lowest was 0.24. And the median was 1.41.

BOM:543937's Debt-to-Equity is ranked better than
61.36% of 383 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.35 vs BOM:543937: 0.24

Alphalogic Industries Debt-to-Equity Historical Data

The historical data trend for Alphalogic 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.

Alphalogic Industries Debt-to-Equity Chart

Alphalogic Industries Annual Data

Trend

Mar21

Mar22

Mar23

Debt-to-Equity

3.05

1.97

0.86

Alphalogic Industries Semi-Annual Data
	Mar21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	3.05	1.97	N/A	0.86	0.24

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

For the Furnishings, Fixtures & Appliances subindustry, Alphalogic 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.

Alphalogic Industries's Debt-to-Equity Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Alphalogic Industries's Debt-to-Equity distribution charts can be found below:

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

Alphalogic Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Alphalogic 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
	=	(37.083	+	0)	/	43.358
	=	0.86

Alphalogic Industries's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(43.003	+	0)	/	178.86
	=	0.24

Alphalogic Industries (BOM:543937) 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.

Alphalogic Industries Debt-to-Equity Related Terms

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

Alphalogic Industries (BOM:543937) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Alphalogic Industries Ltd (BOM:543937) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Old Mumbai-Pune Highway, Office No. 207, 2nd Floor, Kohinoor B-Zone, Besides Vijay Sales, Opposute City One Mall, Pimpri Chinchwad, Pune, MH, IND, 411019

Website

https://www.alphalogicindustries.com

Alphalogic Industries Ltd is a storage solution manufacturing company. It is engaged in the design, manufacturing, supply, and installation of industrial and institutional storage systems that is compactor storage systems, heavy-duty storage racks, cantilever racks, lockers, mezzanine floors, metal pallets & crates, library stacks, book case, book trolly, periodical display rack, school lockers, book support.

Alphalogic Industries (BOM:543937) Headlines

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