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Andhra Sugars (BOM:590062) Debt-to-Equity : 0.02 (As of Mar. 2024)


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What is Andhra Sugars Debt-to-Equity?

Andhra Sugars's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹302 Mil. Andhra Sugars's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹7 Mil. Andhra Sugars's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹15,829 Mil. Andhra Sugars's debt to equity for the quarter that ended in Mar. 2024 was 0.02.

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 Andhra Sugars's Debt-to-Equity or its related term are showing as below:

BOM:590062' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.24   Max: 0.41
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of Andhra Sugars was 0.41. The lowest was 0.02. And the median was 0.24.

BOM:590062's Debt-to-Equity is ranked better than
96.26% of 1389 companies
in the Chemicals industry
Industry Median: 0.36 vs BOM:590062: 0.02

Andhra Sugars Debt-to-Equity Historical Data

The historical data trend for Andhra Sugars'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.

Andhra Sugars Debt-to-Equity Chart

Andhra Sugars Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.12 0.04 0.02 0.02

Andhra Sugars 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 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 0.02 N/A 0.01 N/A 0.02

Competitive Comparison of Andhra Sugars's Debt-to-Equity

For the Chemicals subindustry, Andhra Sugars'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.


Andhra Sugars's Debt-to-Equity Distribution in the Chemicals Industry

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

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



Andhra Sugars Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Andhra Sugars's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Andhra Sugars's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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.


Andhra Sugars  (BOM:590062) 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.


Andhra Sugars Debt-to-Equity Related Terms

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Andhra Sugars (BOM:590062) Business Description

Traded in Other Exchanges
Address
Venkatarayapuram, West Godavari District, Tanuku, AP, IND, 534215
Andhra Sugars Ltd is engaged in the manufacturing and sale of sugar and caustic soda. It operates through Sugars, Chlor Alkali, Power Generation, Industrial Chemical, and Others segments. The firm provides Fertilizers, Bulk drugs, Caustic potash, Caustic soda, Ethanol, Hydrochloric acid, Hydrogen gas, Liquid chlorine, Poly aluminum chloride, Potassium carbonate, Industrial Alcohol, Sodium hypochlorite, Sulphuric acid, and others. The group operates in the Indian market.

Andhra Sugars (BOM:590062) Headlines

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