Atul Auto Restricted

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Debt to equity ratio of Atul auto has been decreasing persistently from 1.27 in 2008 to 0 in 2014 as the company is utilizing the cash generated from income to pay off its debt. Decreasing debt ranges cut back curiosity costs and thereby enhance the profitability of the corporate. If you revisit the profitability desk above, Atul auto’s web revenue margin increased from 4% (2010) to 7% (2014), which is the direct result of decrease in debt of the company.

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