Accuracy Shipping (NSE:ACCURACY) Debt-to-Equity : N/A (As of Dec. 2023)

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What is Accuracy Shipping Debt-to-Equity?

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

NSE:ACCURACY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.56 Med: 1.1 Max: 4.58
Current: 0.9

During the past 11 years, the highest Debt-to-Equity Ratio of Accuracy Shipping was 4.58. The lowest was 0.56. And the median was 1.10.

NSE:ACCURACY's Debt-to-Equity is not ranked
in the Transportation industry.
Industry Median: 0.56 vs NSE:ACCURACY: 0.90

Accuracy Shipping Debt-to-Equity Historical Data

The historical data trend for Accuracy Shipping'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.

Accuracy Shipping Debt-to-Equity Chart

Accuracy Shipping Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.97

1.06

1.10

1.14

0.97

Accuracy Shipping Quarterly Data
	Mar18	Sep18	Mar19	Sep19	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															N/A	0.97	N/A	0.90	N/A

Competitive Comparison of Accuracy Shipping's Debt-to-Equity

For the Integrated Freight & Logistics subindustry, Accuracy Shipping'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.

Accuracy Shipping's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Accuracy Shipping's Debt-to-Equity distribution charts can be found below:

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

Accuracy Shipping Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Accuracy Shipping'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
	=	(905.09	+	219.22)	/	1156.4
	=	0.97

Accuracy Shipping'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

Accuracy Shipping (NSE:ACCURACY) 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.

Accuracy Shipping Debt-to-Equity Related Terms

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

Accuracy Shipping (NSE:ACCURACY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Accuracy Shipping Ltd (NSE:ACCURACY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Indian Oil Pump Road, ASL House, Survey No. 42, Plot No. 11, Meghpar Borichi, Near Genus Factory, Anjar, Kachchh, GJ, IND, 370110

Website

https://www.aslindia.net

Accuracy Shipping Ltd is a logistics service provider in India. It offers customized and ends to end logistics solutions and services including transportation and distribution, freight forwarding, clearing and forwarding service, custom house clearance, warehousing and value-added services. It offers freight services for the export and import of cargo by multiple modes of transport such as sea, road and air.

Accuracy Shipping (NSE:ACCURACY) Headlines

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