Action Construction Equipment (BOM:532762) Debt-to-Equity : 0.00 (As of Mar. 2024)

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What is Action Construction Equipment Debt-to-Equity?

Action Construction Equipment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹42 Mil. Action Construction Equipment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹2 Mil. Action Construction Equipment's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹12,298 Mil. Action Construction Equipment's debt to equity for the quarter that ended in Mar. 2024 was 0.00.

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 Action Construction Equipment's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of Action Construction Equipment was 0.48. The lowest was 0.00. And the median was 0.15.

BOM:532762's Debt-to-Equity is not ranked ^*
in the Farm & Heavy Construction Machinery industry.
Industry Median: 0.42
* Ranked among companies with meaningful Debt-to-Equity only.

Action Construction Equipment Debt-to-Equity Historical Data

The historical data trend for Action Construction Equipment'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.

Action Construction Equipment Debt-to-Equity Chart

Action Construction Equipment Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.19

0.10

0.01

Action Construction Equipment 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															0.01	N/A	0.06	N/A	-

Competitive Comparison of Action Construction Equipment's Debt-to-Equity

For the Farm & Heavy Construction Machinery subindustry, Action Construction Equipment'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.

Action Construction Equipment's Debt-to-Equity Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Action Construction Equipment's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Action Construction Equipment's Debt-to-Equity falls into.

Action Construction Equipment Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Action Construction Equipment's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 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
	=	(42.4	+	2.2)	/	12298.4
	=	0.00

Action Construction Equipment's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(42.4	+	2.2)	/	12298.4
	=	0.00

Action Construction Equipment (BOM:532762) 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.

Action Construction Equipment Debt-to-Equity Related Terms

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

Action Construction Equipment (BOM:532762) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Action Construction Equipment Ltd (BOM:532762) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ACE:India

Address

Dudhola Link Road, Dudhala District, Palwal, HR, IND, 121102

Website

https://www.ace-cranes.com

Action Construction Equipment Ltd is engaged in manufacturing material handling and construction equipment. The company operates in four business segments that are Cranes, Construction Equipment, Material Handling, and Agri Equipment. The product portfolio of the company consists of the mobile crane, tower crane, crawler crane, backhoe and ladder, road equipment, and the forklift truck. Most of the firm's revenue gets derived from the Cranes segment.

Action Construction Equipment (BOM:532762) Headlines

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