Rex Sealing and Packaging Industries (BOM:543744) Debt-to-Equity : 0.17 (As of Sep. 2023)

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What is Rex Sealing and Packaging Industries Debt-to-Equity?

Rex Sealing and Packaging Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹12.7 Mil. Rex Sealing and Packaging Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹8.7 Mil. Rex Sealing and Packaging Industries's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹130.0 Mil. Rex Sealing and Packaging Industries's debt to equity for the quarter that ended in Sep. 2023 was 0.16.

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 Rex Sealing and Packaging Industries's Debt-to-Equity or its related term are showing as below:

BOM:543744' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.09 Med: 0.44 Max: 0.6
Current: 0.17

During the past 4 years, the highest Debt-to-Equity Ratio of Rex Sealing and Packaging Industries was 0.60. The lowest was 0.09. And the median was 0.44.

BOM:543744's Debt-to-Equity is ranked better than
68.12% of 919 companies
in the Business Services industry
Industry Median: 0.37 vs BOM:543744: 0.17

Rex Sealing and Packaging Industries Debt-to-Equity Historical Data

The historical data trend for Rex Sealing and Packaging 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.

Rex Sealing and Packaging Industries Debt-to-Equity Chart

Rex Sealing and Packaging Industries Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

0.60

0.44

0.46

0.09

Rex Sealing and Packaging Industries Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial			0.44	0.46	N/A	0.09	0.17

Competitive Comparison of Rex Sealing and Packaging Industries's Debt-to-Equity

For the Specialty Business Services subindustry, Rex Sealing and Packaging 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.

Rex Sealing and Packaging Industries's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Rex Sealing and Packaging Industries's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Rex Sealing and Packaging Industries's Debt-to-Equity falls into.

Rex Sealing and Packaging Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Rex Sealing and Packaging 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
	=	(2.363	+	8.7)	/	125.49
	=	0.09

Rex Sealing and Packaging Industries's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(12.707	+	8.7)	/	129.957
	=	0.16

Rex Sealing and Packaging Industries (BOM:543744) 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.

Rex Sealing and Packaging Industries Debt-to-Equity Related Terms

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Rex Sealing and Packaging Industries (BOM:543744) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Rex Sealing and Packaging Industries Ltd (BOM:543744) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

D K Road, A-207, 2nd Floor, Plot No.711 A, Byculla Services Industries, Ghodapdeo, Byculla (East), Mumbai, MH, IND, 400027

Website

https://www.rexseal.com

Rex Sealing and Packaging Industries Ltd is a manufacturer and exporter of sealing packing and insulation products including jointing sheets, fabric expansion joints, gland packing and ropes, high-temperature resistant textiles, ceramic fiber products, and others.

Rex Sealing and Packaging Industries (BOM:543744) Headlines

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