HariOm Pipe Industries (BOM:543517) Debt-to-Equity : N/A (As of Dec. 2023)

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What is HariOm Pipe Industries Debt-to-Equity?

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

BOM:543517' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.34 Med: 1.04 Max: 1.55
Current: 1.02

During the past 5 years, the highest Debt-to-Equity Ratio of HariOm Pipe Industries was 1.55. The lowest was 0.34. And the median was 1.04.

BOM:543517's Debt-to-Equity is ranked worse than
79.89% of 557 companies
in the Steel industry
Industry Median: 0.42 vs BOM:543517: 1.02

HariOm Pipe Industries Debt-to-Equity Historical Data

The historical data trend for HariOm Pipe 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.

HariOm Pipe Industries Debt-to-Equity Chart

HariOm Pipe Industries Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

1.55

1.41

1.13

0.85

0.79

HariOm Pipe Industries Quarterly Data
	Mar19	Mar20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial									N/A	0.79	N/A	1.02	N/A

Competitive Comparison of HariOm Pipe Industries's Debt-to-Equity

For the Steel subindustry, HariOm Pipe 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.

HariOm Pipe Industries's Debt-to-Equity Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, HariOm Pipe Industries's Debt-to-Equity distribution charts can be found below:

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

HariOm Pipe Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

HariOm Pipe 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
	=	(1708.672	+	1252.592)	/	3751.667
	=	0.79

HariOm Pipe 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

HariOm Pipe Industries (BOM:543517) 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.

HariOm Pipe Industries Debt-to-Equity Related Terms

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HariOm Pipe Industries (BOM:543517) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » HariOm Pipe Industries Ltd (BOM:543517) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

HARIOMPIPE:India

Address

Samarpan Lane, Plot 3-4-174/12/2, 1st Floor, Besides Spencer’s, Pillar No. 125, Attapur, Hyderabad, TG, IND, 500 048

Website

https://www.hariompipes.com

HariOm Pipe Industries Ltd is a premium manufacturer of iron and steel products. The products are used in industries such as housing, infrastructure, agriculture, automotive solar, fabrication, and engineering.

HariOm Pipe Industries (BOM:543517) Headlines

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