Thakral Services (India) (BOM:509015) Debt-to-Equity : N/A (As of Dec. 2023)

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What is Thakral Services (India) Debt-to-Equity?

Thakral Services (India)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.0 Mil. Thakral Services (India)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.0 Mil. Thakral Services (India)'s Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹0.0 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 Thakral Services (India)'s Debt-to-Equity or its related term are showing as below:

BOM:509015' s Debt-to-Equity Range Over the Past 10 Years
Min: -7.53 Med: 2.36 Max: 48.56
Current: -1.86

During the past 13 years, the highest Debt-to-Equity Ratio of Thakral Services (India) was 48.56. The lowest was -7.53. And the median was 2.36.

BOM:509015's Debt-to-Equity is not ranked
in the Business Services industry.
Industry Median: 0.38 vs BOM:509015: -1.86

Thakral Services (India) Debt-to-Equity Historical Data

The historical data trend for Thakral Services (India)'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.

Thakral Services (India) Debt-to-Equity Chart

Thakral Services (India) Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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6.44

5.17

48.56

-5.57

-2.66

Thakral Services (India) 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															N/A	-2.66	N/A	-1.86	N/A

Competitive Comparison of Thakral Services (India)'s Debt-to-Equity

For the Security & Protection Services subindustry, Thakral Services (India)'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.

Thakral Services (India)'s Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Thakral Services (India)'s Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Thakral Services (India)'s Debt-to-Equity falls into.

Thakral Services (India) Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Thakral Services (India)'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
	=	(7.03	+	134.403)	/	-53.242
	=	-2.66

Thakral Services (India)'s Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(0	+	0)	/	0
	=	N/A

Thakral Services (India) (BOM:509015) 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.

Thakral Services (India) Debt-to-Equity Related Terms

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Thakral Services (India) (BOM:509015) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Thakral Services (India) Ltd (BOM:509015) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Outer Ring Road, Near Courtyard Marriot Hotel, 1st Floor, Shree Rajarajeshwari Arcade, No. 23/50/1A/514/2/1-1, Opposite Lumbini Garden, Veerannapalya Flyover, Bengaluru, KA, IND, 560045

Website

https://www.thakral-india.co.in

Thakral Services (India) Ltd is an electronic security solutions company. Its operating segment is the Trading of CCTV. The company's product includes Surveillance Systems, Solar Energy Systems, Building Management Systems, Fire and Intrusion Alarm Systems, Access Control Systems, and Related Accessories. It generates maximum revenue from India.

Thakral Services (India) (BOM:509015) Headlines

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