Porwal Auto Components (BOM:532933) Debt-to-Equity : 0.09 (As of Mar. 2024)

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What is Porwal Auto Components Debt-to-Equity?

Porwal Auto Components's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹56 Mil. Porwal Auto Components's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹1 Mil. Porwal Auto Components's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹628 Mil. Porwal Auto Components's debt to equity for the quarter that ended in Mar. 2024 was 0.09.

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 Porwal Auto Components's Debt-to-Equity or its related term are showing as below:

BOM:532933' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.09 Med: 0.23 Max: 0.34
Current: 0.09

During the past 13 years, the highest Debt-to-Equity Ratio of Porwal Auto Components was 0.34. The lowest was 0.09. And the median was 0.23.

BOM:532933's Debt-to-Equity is ranked better than
84.78% of 1176 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs BOM:532933: 0.09

Porwal Auto Components Debt-to-Equity Historical Data

The historical data trend for Porwal Auto Components'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.

Porwal Auto Components Debt-to-Equity Chart

Porwal Auto Components Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

Get a 7-Day Free Trial

0.23

0.24

0.25

0.11

0.09

Porwal Auto Components Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.11	0.10	0.13	0.08	0.09

Competitive Comparison of Porwal Auto Components's Debt-to-Equity

For the Auto Parts subindustry, Porwal Auto Components'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.

Porwal Auto Components's Debt-to-Equity Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Porwal Auto Components's Debt-to-Equity falls into.

Porwal Auto Components Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Porwal Auto Components's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 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
	=	(56.188	+	1.088)	/	627.647
	=	0.09

Porwal Auto Components's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(56.188	+	1.088)	/	627.647
	=	0.09

Porwal Auto Components (BOM:532933) 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.

Porwal Auto Components Debt-to-Equity Related Terms

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

Porwal Auto Components (BOM:532933) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Porwal Auto Components Ltd (BOM:532933) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot number 209 & 215, Sector Number 1, Industrial Area, District Dhar, Pithampur, MP, IND, 454775

Website

https://www.porwalauto.com

Porwal Auto Components Ltd is a manufacturer of automobile components based in India. The company is involved in manufacture of ductile iron, grey cast iron steel, steel alloy casting components and subassemblies. It serves to the sectors like automobile, engineering, pumps and valves, agriculture and tractor equipment, construction equipment, machine tools, railways, and others. The products of the company include components for automobile, railway, heavy castings, and earth moving. The operating segment of the company is automobile components manufacturing.

Porwal Auto Components (BOM:532933) Headlines

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