Alkosign (BOM:543453) Debt-to-Equity : 0.38 (As of Sep. 2023)

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What is Alkosign Debt-to-Equity?

Alkosign's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹66.8 Mil. Alkosign's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹64.0 Mil. Alkosign's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹342.3 Mil. Alkosign's debt to equity for the quarter that ended in Sep. 2023 was 0.38.

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

BOM:543453' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.38 Med: 1.44 Max: 30.4
Current: 0.38

During the past 3 years, the highest Debt-to-Equity Ratio of Alkosign was 30.40. The lowest was 0.38. And the median was 1.44.

BOM:543453's Debt-to-Equity is ranked worse than
58.12% of 2629 companies
in the Industrial Products industry
Industry Median: 0.29 vs BOM:543453: 0.38

Alkosign Debt-to-Equity Historical Data

The historical data trend for Alkosign'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.

Alkosign Debt-to-Equity Chart

Alkosign Annual Data

Trend

Mar21

Mar22

Mar23

Debt-to-Equity

30.40

1.27

1.68

Alkosign Semi-Annual Data
	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial			N/A	1.27	1.44	1.68	0.38

Competitive Comparison of Alkosign's Debt-to-Equity

For the Business Equipment & Supplies subindustry, Alkosign'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.

Alkosign's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Alkosign's Debt-to-Equity distribution charts can be found below:

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

Alkosign Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Alkosign'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
	=	(17.92	+	186.084)	/	121.573
	=	1.68

Alkosign's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(66.754	+	64.022)	/	342.314
	=	0.38

Alkosign (BOM:543453) 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.

Alkosign Debt-to-Equity Related Terms

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

Alkosign (BOM:543453) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Alkosign Ltd (BOM:543453) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

S NO: 12A, MIDC, Near Mother Dairy, Saravli, Bhiwandi, Thane, Mumbai, MH, IND, 421 311

Website

https://www.alkosign.com

Alkosign Ltd is engaged in manufacturing of visual presentation systems namely writing boards/display boards/notice boards of different types along with its associated accessories and stands used for these boards, school benches, desks, and their accessories. The company generates all of its revenue from the sale of goods in the domestic market.

Alkosign (BOM:543453) Headlines

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