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Triton Valves (BOM:505978) Debt-to-Equity : N/A (As of Dec. 2023)


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What is Triton Valves Debt-to-Equity?

Triton Valves's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Triton Valves's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Triton Valves's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹0 Mil.

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

BOM:505978' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.7   Med: 0.88   Max: 1.83
Current: 1.69

During the past 13 years, the highest Debt-to-Equity Ratio of Triton Valves was 1.83. The lowest was 0.70. And the median was 0.88.

BOM:505978's Debt-to-Equity is ranked worse than
88.81% of 1171 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs BOM:505978: 1.69

Triton Valves Debt-to-Equity Historical Data

The historical data trend for Triton Valves'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.

Triton Valves Debt-to-Equity Chart

Triton Valves Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 0.77 1.14 1.52 1.83

Triton Valves Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A 1.83 N/A 1.69 N/A

Competitive Comparison of Triton Valves's Debt-to-Equity

For the Auto Parts subindustry, Triton Valves'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.


Triton Valves's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Triton Valves's Debt-to-Equity distribution charts can be found below:

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



Triton Valves Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Triton Valves's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Triton Valves's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Triton Valves  (BOM:505978) 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.


Triton Valves Debt-to-Equity Related Terms

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


Triton Valves (BOM:505978) Business Description

Traded in Other Exchanges
N/A
Address
22, Ulsoor Road, Sunrise Chambers, Bengaluru, KA, IND, 560 042
Triton Valves Ltd is engaged in the business of manufacturing valves. It serves tyre and tube valves; automotive air conditioning; tyre pressure monitoring; industrial and home air conditioning; electric vehicles; aerospace and defence and mining and construction industries. The company's only operating segment is Automobile tyres and tube valves, cores and accessories. Geographically, it derives a majority of its revenue from India.

Triton Valves (BOM:505978) Headlines

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