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Starlit Power Systems (BOM:538733) Debt-to-Equity : -1.41 (As of Dec. 2023)


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What is Starlit Power Systems Debt-to-Equity?

Starlit Power Systems's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹13.58 Mil. Starlit Power Systems's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹428.14 Mil. Starlit Power Systems's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹-314.11 Mil. Starlit Power Systems's debt to equity for the quarter that ended in Dec. 2023 was -1.41.

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 Starlit Power Systems's Debt-to-Equity or its related term are showing as below:

BOM:538733' s Debt-to-Equity Range Over the Past 10 Years
Min: -52.59   Med: -2.53   Max: 9.15
Current: -1.41

During the past 9 years, the highest Debt-to-Equity Ratio of Starlit Power Systems was 9.15. The lowest was -52.59. And the median was -2.53.

BOM:538733's Debt-to-Equity is not ranked
in the Industrial Products industry.
Industry Median: 0.29 vs BOM:538733: -1.41

Starlit Power Systems Debt-to-Equity Historical Data

The historical data trend for Starlit Power Systems'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.

Starlit Power Systems Debt-to-Equity Chart

Starlit Power Systems Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only -5.18 -4.39 -3.16 -2.73 -1.49

Starlit Power Systems 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 -2.42 -1.49 -1.47 -1.46 -1.41

Competitive Comparison of Starlit Power Systems's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, Starlit Power Systems'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.


Starlit Power Systems's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Starlit Power Systems's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Starlit Power Systems's Debt-to-Equity falls into.



Starlit Power Systems Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Starlit Power Systems's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Starlit Power Systems'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.


Starlit Power Systems  (BOM:538733) 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.


Starlit Power Systems Debt-to-Equity Related Terms

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


Starlit Power Systems (BOM:538733) Business Description

Traded in Other Exchanges
N/A
Address
A - 1/51, LGF, Safdarjung Enclave, New Delhi, IND, 110029
Starlit Power Systems Ltd is engaged in the manufacturing and distribution of Secondary Power Storage Batteries. It manufactures Batteries for Power storage- Inverters, UPS, Solar and also E-Mobility application.

Starlit Power Systems (BOM:538733) Headlines

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