Arabian Petroleum (NSE:ARABIAN) Debt-to-Equity : 1.64 (As of Mar. 2023)

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What is Arabian Petroleum Debt-to-Equity?

Arabian Petroleum's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹341 Mil. Arabian Petroleum's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹21 Mil. Arabian Petroleum's Total Stockholders Equity for the quarter that ended in Mar. 2023 was ₹220 Mil. Arabian Petroleum's debt to equity for the quarter that ended in Mar. 2023 was 1.64.

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 Arabian Petroleum's Debt-to-Equity or its related term are showing as below:

NSE:ARABIAN' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.63 Med: 1.69 Max: 1.76
Current: 1.64

During the past 5 years, the highest Debt-to-Equity Ratio of Arabian Petroleum was 1.76. The lowest was 1.63. And the median was 1.69.

NSE:ARABIAN's Debt-to-Equity is ranked worse than
86.49% of 829 companies
in the Oil & Gas industry
Industry Median: 0.45 vs NSE:ARABIAN: 1.64

Arabian Petroleum Debt-to-Equity Historical Data

The historical data trend for Arabian Petroleum'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.

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Arabian Petroleum Debt-to-Equity Chart

Arabian Petroleum Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

1.76

1.63

1.69

1.72

1.64

Arabian Petroleum Semi-Annual Data
	Mar19	Mar20	Mar21	Mar22	Mar23
Debt-to-Equity	1.76	1.63	1.69	1.72	1.64

Competitive Comparison of Arabian Petroleum's Debt-to-Equity

For the Oil & Gas Refining & Marketing subindustry, Arabian Petroleum'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.

Arabian Petroleum's Debt-to-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Arabian Petroleum's Debt-to-Equity distribution charts can be found below:

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

Arabian Petroleum Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Arabian Petroleum'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
	=	(340.807	+	20.895)	/	220.28
	=	1.64

Arabian Petroleum's Debt to Equity Ratio for the quarter 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
	=	(340.807	+	20.895)	/	220.28
	=	1.64

Arabian Petroleum (NSE:ARABIAN) 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.

Arabian Petroleum Debt-to-Equity Related Terms

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

Arabian Petroleum (NSE:ARABIAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Arabian Petroleum Ltd (NSE:ARABIAN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot 14-B, Morivali M.I.D.C, Opp. Positive Packaging, Ambernath West, Thane, MH, IND, 421505

Website

https://www.arabianpetroleum.co.in

Arabian Petroleum Ltd is a company engaged in the business of manufacturing wide range of Lubricants including Specialty Oils, Coolants etc ,used for Industrial and Automotive applications. Our business is categorized into two distinctive product division which includes Automotive Lubricants - Arzol and Industrial Lubricants - SPL.

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