Apar Industries (NSE:APARINDS) Debt-to-Equity : 0.12 (As of Mar. 2024)

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What is Apar Industries Debt-to-Equity?

Apar Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹810 Mil. Apar Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹3,946 Mil. Apar Industries's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹38,764 Mil. Apar Industries's debt to equity for the quarter that ended in Mar. 2024 was 0.12.

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

NSE:APARINDS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12 Med: 0.26 Max: 0.68
Current: 0.12

During the past 13 years, the highest Debt-to-Equity Ratio of Apar Industries was 0.68. The lowest was 0.12. And the median was 0.26.

NSE:APARINDS's Debt-to-Equity is ranked better than
71.17% of 2629 companies
in the Industrial Products industry
Industry Median: 0.29 vs NSE:APARINDS: 0.12

Apar Industries Debt-to-Equity Historical Data

The historical data trend for Apar Industries'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.

Apar Industries Debt-to-Equity Chart

Apar Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.32

0.23

0.21

0.17

0.12

Apar Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															N/A	0.17	0.17	N/A	0.12

Competitive Comparison of Apar Industries's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, Apar Industries'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.

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

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

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

Apar Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Apar Industries'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
	=	(809.7	+	3946.4)	/	38764.4
	=	0.12

Apar Industries'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
	=	(809.7	+	3946.4)	/	38764.4
	=	0.12

Apar Industries (NSE:APARINDS) 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.

Apar Industries Debt-to-Equity Related Terms

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

Apar Industries (NSE:APARINDS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Apar Industries Ltd (NSE:APARINDS) » Definitions » Debt-to-Equity

Traded in Other Exchanges

532259:India

Address

Sion - Trombay Road, Apar House, Building No. 4 and 5, Corporate Park, Chembur, Mumbai, MH, IND, 400 071

Website

https://www.apar.com

Apar Industries Ltd is engaged in the business of manufacture and sale of conductors. The company's reportable segments include Conductor, Transformer and Specialities Oils and Power/Telecom Cables. It generates maximum revenue from the Conductor segment. Geographically, it derives a majority of revenue from India. Its product categories include oils and lubricants, aluminium and alloy conductors, railway overhead conductors, electrical and telecom cables, Eni automotive lubricants and polymers.

Apar Industries (NSE:APARINDS) Headlines

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