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Airo Lam (NSE:AIROLAM) Debt-to-Equity : 0.76 (As of Jun. 2023)


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What is Airo Lam Debt-to-Equity?

Airo Lam's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was ₹375 Mil. Airo Lam's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was ₹133 Mil. Airo Lam's Total Stockholders Equity for the quarter that ended in Jun. 2023 was ₹668 Mil. Airo Lam's debt to equity for the quarter that ended in Jun. 2023 was 0.76.

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 Airo Lam's Debt-to-Equity or its related term are showing as below:

NSE:AIROLAM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.46   Med: 0.79   Max: 1.74
Current: 0.76

During the past 11 years, the highest Debt-to-Equity Ratio of Airo Lam was 1.74. The lowest was 0.46. And the median was 0.79.

NSE:AIROLAM's Debt-to-Equity is ranked worse than
77.28% of 383 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.35 vs NSE:AIROLAM: 0.76

Airo Lam Debt-to-Equity Historical Data

The historical data trend for Airo Lam'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.

Airo Lam Debt-to-Equity Chart

Airo Lam Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.58 0.78 0.46 0.90 0.79

Airo Lam Quarterly Data
Mar15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 0.83 0.81 N/A 0.79 0.76

Competitive Comparison of Airo Lam's Debt-to-Equity

For the Furnishings, Fixtures & Appliances subindustry, Airo Lam'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.


Airo Lam's Debt-to-Equity Distribution in the Furnishings, Fixtures & Appliances Industry

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

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



Airo Lam Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Airo Lam's Debt to Equity Ratio for the quarter that ended in Jun. 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.


Airo Lam  (NSE:AIROLAM) 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.


Airo Lam Debt-to-Equity Related Terms

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


Airo Lam (NSE:AIROLAM) Business Description

Traded in Other Exchanges
N/A
Address
Survey No. 355, Nananpur Approach Road, N.H. No.8, Tahsil-Prantij, Himmatnagar, Dalpur, Sabarkantha, GJ, IND, 383120
Airo Lam Ltd is engaged in the manufacturing of High-Pressure decorative laminates. Its products are used in kitchen furniture, workshops, bathroom furniture, interior doors, and interior wall linings.

Airo Lam (NSE:AIROLAM) Headlines

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