Aurangabad Distillery (NSE:AURDIS) Debt-to-Equity : 0.63 (As of Mar. 2023)

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What is Aurangabad Distillery Debt-to-Equity?

Aurangabad Distillery's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹305 Mil. Aurangabad Distillery's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹112 Mil. Aurangabad Distillery's Total Stockholders Equity for the quarter that ended in Mar. 2023 was ₹665 Mil. Aurangabad Distillery's debt to equity for the quarter that ended in Mar. 2023 was 0.63.

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 Aurangabad Distillery's Debt-to-Equity or its related term are showing as below:

NSE:AURDIS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.54 Med: 0.97 Max: 2.71
Current: 0.63

During the past 12 years, the highest Debt-to-Equity Ratio of Aurangabad Distillery was 2.71. The lowest was 0.54. And the median was 0.97.

NSE:AURDIS's Debt-to-Equity is ranked worse than
66.48% of 182 companies
in the Beverages - Alcoholic industry
Industry Median: 0.38 vs NSE:AURDIS: 0.63

Aurangabad Distillery Debt-to-Equity Historical Data

The historical data trend for Aurangabad Distillery'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.

Aurangabad Distillery Debt-to-Equity Chart

Aurangabad Distillery Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.90

1.04

0.86

0.70

0.63

Aurangabad Distillery Semi-Annual Data
	Mar12	Mar13	Mar14	Mar15	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23
Debt-to-Equity	Get a 7-Day Free Trial											0.86	N/A	0.70	1.24	0.63

Competitive Comparison of Aurangabad Distillery's Debt-to-Equity

For the Beverages - Wineries & Distilleries subindustry, Aurangabad Distillery'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.

Aurangabad Distillery's Debt-to-Equity Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Aurangabad Distillery's Debt-to-Equity distribution charts can be found below:

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

Aurangabad Distillery Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Aurangabad Distillery'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
	=	(305.071	+	111.991)	/	664.718
	=	0.63

Aurangabad Distillery'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
	=	(305.071	+	111.991)	/	664.718
	=	0.63

Aurangabad Distillery (NSE:AURDIS) 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.

Aurangabad Distillery Debt-to-Equity Related Terms

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Aurangabad Distillery (NSE:AURDIS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Aurangabad Distillery Ltd (NSE:AURDIS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

A/P Walchandnagar, Taluka Indapur, Pune, MH, IND, 413114

Website

https://www.aurangabaddistillery.com

Aurangabad Distillery Ltd is engaged in the manufacture of non-potable alcohol. a molasses-based distillery, the distillery is equipped with the latest equipment and technology to manufacture high-quality. The Product Portfolio Includes Rectified Spirit, Neutral Alcohol, Denatured Spirit, Potash, Bio Potash, and De Potash Vinasse. The Company has two business segments namely, the distillery division and the potash division.

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