Inducto Steel (BOM:532001) Debt-to-Equity : N/A (As of Dec. 2023)

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What is Inducto Steel Debt-to-Equity?

Inducto Steel's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.0 Mil. Inducto Steel's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.0 Mil. Inducto Steel'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 Inducto Steel's Debt-to-Equity or its related term are showing as below:

BOM:532001' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.12 Max: 2.96
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of Inducto Steel was 2.96. The lowest was 0.00. And the median was 0.12.

BOM:532001's Debt-to-Equity is ranked better than
96.82% of 220 companies
in the Waste Management industry
Industry Median: 0.745 vs BOM:532001: 0.02

Inducto Steel Debt-to-Equity Historical Data

The historical data trend for Inducto Steel'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.

Inducto Steel Debt-to-Equity Chart

Inducto Steel Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

Get a 7-Day Free Trial

0.11

0.12

0.36

Inducto Steel 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	0.36	N/A	0.02	N/A

Competitive Comparison of Inducto Steel's Debt-to-Equity

For the Waste Management subindustry, Inducto Steel'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.

Inducto Steel's Debt-to-Equity Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Inducto Steel's Debt-to-Equity distribution charts can be found below:

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

Inducto Steel Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Inducto Steel'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
	=	(156.758	+	0)	/	430.477
	=	0.36

Inducto Steel'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

Inducto Steel (BOM:532001) 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.

Inducto Steel Debt-to-Equity Related Terms

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

Inducto Steel (BOM:532001) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Inducto Steel Ltd (BOM:532001) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

220, Jamnalal Bajaj Marg, 156, Maker Chambers VI, Nariman Point, Mumbai, MH, IND, 400021

Website

https://www.hariyanagroup.com

Inducto Steel Ltd is a company that operates in ship breaking business. The activities of the group function through Mumbai in trading and investments and via Bhavnagar in shipbreaking and trading segments. The Trading segment engages in the business of trading in metal scrap, coals, graphite electrodes, and other industrial inouts. The Ship Breaking segment includes dismantling or breaking old and used ships. Geographically activities are carried out throughout the region of India. The majority of the revenue is generated from Manufactured products.

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