Visaka Industries (BOM:509055) Debt-to-Equity : N/A (As of Dec. 2023)

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What is Visaka Industries Debt-to-Equity?

Visaka Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Visaka Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Visaka Industries'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 Visaka Industries's Debt-to-Equity or its related term are showing as below:

BOM:509055' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.18 Med: 0.5 Max: 0.9
Current: 0.62

During the past 13 years, the highest Debt-to-Equity Ratio of Visaka Industries was 0.90. The lowest was 0.18. And the median was 0.50.

BOM:509055's Debt-to-Equity is ranked worse than
60.29% of 1511 companies
in the Construction industry
Industry Median: 0.44 vs BOM:509055: 0.62

Visaka Industries Debt-to-Equity Historical Data

The historical data trend for Visaka 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.

Visaka Industries Debt-to-Equity Chart

Visaka Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.49

0.52

0.18

0.23

0.50

Visaka Industries 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	0.50	N/A	0.62	N/A

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

For the Building Products & Equipment subindustry, Visaka 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.

Visaka Industries's Debt-to-Equity Distribution in the Construction Industry

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

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

Visaka Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Visaka Industries'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
	=	(2236.958	+	1635.942)	/	7714.894
	=	0.50

Visaka Industries'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

Visaka Industries (BOM:509055) 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.

Visaka Industries Debt-to-Equity Related Terms

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

Visaka Industries (BOM:509055) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Visaka Industries Ltd (BOM:509055) » Definitions » Debt-to-Equity

Comparable Companies

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VISAKAIND:India

Address

S.P. Road, Visaka Towers, 1-8-303/69/3, Secunderabad, TG, IND, 500 003

Website

https://www.visaka.co

Visaka Industries Ltd is a manufacturer of Roofing sheets and Cement sheets. It also manufactures Fiber sheets, Industrial sheets, Fiber cement corrugated sheets, Fiber cement sheets, and Roofing sheets. The company's activities are organized into two operating segments namely, Building Products and Textile Synthetic Yarn. The Building Products division produces asbestos sheets, accessories used mostly as a roofing material, and non-asbestos flat sheets and sandwich panels used as interiors. Its Synthetic Yarn division manufactures yarn out of blends of polyester, viscose, and other materials which go into the weaving of the fabric. It generates maximum revenue from the Building Products segment. Geographically, it derives a majority of its revenue from India.

Visaka Industries (BOM:509055) Headlines

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