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United Spirits Ltd. saw its debt-equity ratio increase from 1.11 to 1.79 between 2006-2007 due to a large acquisition loan, but then decreased to 0.58 by 2008 as the debt was paid down. Its optimal debt-equity ratio was calculated to be 1.01. For Unitech India, the debt-equity ratio fell substantially from 2.69 to 0.62 between 2008-2009 as it paid down debt through equity raises, with its optimal ratio at 2.1. Aban Offshore

Author

Raiza Sideeque

Language

EN