Global Surfaces (BOM:543829) Debt-to-Equity : N/A (As of Dec. 2023)

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What is Global Surfaces Debt-to-Equity?

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

BOM:543829' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.39 Med: 0.62 Max: 0.83
Current: 0.46

During the past 4 years, the highest Debt-to-Equity Ratio of Global Surfaces was 0.83. The lowest was 0.39. And the median was 0.62.

BOM:543829's Debt-to-Equity is ranked worse than
56.94% of 353 companies
in the Building Materials industry
Industry Median: 0.38 vs BOM:543829: 0.46

Global Surfaces Debt-to-Equity Historical Data

The historical data trend for Global Surfaces'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.

Global Surfaces Debt-to-Equity Chart

Global Surfaces Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

0.83

0.39

0.59

0.64

Global Surfaces Quarterly Data
	Mar20	Mar21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial					N/A	0.64	N/A	0.46	N/A

Competitive Comparison of Global Surfaces's Debt-to-Equity

For the Building Materials subindustry, Global Surfaces'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.

Global Surfaces's Debt-to-Equity Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Global Surfaces's Debt-to-Equity distribution charts can be found below:

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

Global Surfaces Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Global Surfaces'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
	=	(1019.46	+	647.18)	/	2613.3
	=	0.64

Global Surfaces'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

Global Surfaces (BOM:543829) 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.

Global Surfaces Debt-to-Equity Related Terms

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

Global Surfaces (BOM:543829) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Global Surfaces Ltd (BOM:543829) » Definitions » Debt-to-Equity

Traded in Other Exchanges

GSLSU:India

Address

Plot No. PA-10-006, Engineering and Related Industries SEZ, Mahindra World City Tehsil-Sanganer, Jaipur, RJ, IND, 302037

Website

https://www.globalsurfaces.in

Global Surfaces Ltd is engaged in processing natural stones and manufacturing engineered quartz. The Natural stones are produced through complex geological processes and forms various products like granite, limestone, marble, slate, quartzite, onyx, sandstone, travertine, and others that are quarried from the earth.

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