Man Industries (India) (NSE:MANINDS) Debt-to-Equity : N/A (As of Dec. 2023)

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What is Man Industries (India) Debt-to-Equity?

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

NSE:MANINDS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.35 Max: 0.91
Current: 0.18

During the past 13 years, the highest Debt-to-Equity Ratio of Man Industries (India) was 0.91. The lowest was 0.06. And the median was 0.35.

NSE:MANINDS's Debt-to-Equity is ranked better than
73.96% of 553 companies
in the Steel industry
Industry Median: 0.4 vs NSE:MANINDS: 0.18

Man Industries (India) Debt-to-Equity Historical Data

The historical data trend for Man Industries (India)'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.

Man Industries (India) Debt-to-Equity Chart

Man Industries (India) Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.35

0.39

0.35

0.06

0.30

Man Industries (India) 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															N/A	0.30	N/A	0.18	N/A

Competitive Comparison of Man Industries (India)'s Debt-to-Equity

For the Steel subindustry, Man Industries (India)'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.

Man Industries (India)'s Debt-to-Equity Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Man Industries (India)'s Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Man Industries (India)'s Debt-to-Equity falls into.

Man Industries (India) Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Man Industries (India)'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
	=	(1697.982	+	1291.407)	/	10041.776
	=	0.30

Man Industries (India)'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

Man Industries (India) (NSE:MANINDS) 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.

Man Industries (India) Debt-to-Equity Related Terms

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Man Industries (India) (NSE:MANINDS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Man Industries (India) Ltd (NSE:MANINDS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

513269:India

Address

MAN House, 101, S.V. Road, Opposite Pawan Hans, Vile Parle (West), Mumbai, MH, IND, 400056

Website

https://www.mangroup.com

Man Industries (India) Ltd is the manufacturer and exporter of large diameter carbon steel submerged arc welded pipes in India. It offers the product which includes longitudinal submerged arc welded (LSAW) pipes, spiral or helical submerged arc welded pipes, casting pipes with end connectors at both ends and all types of anti-corrosion coatings. In addition, it also caters to its international clients in the oil and gas industry, petrochemicals, water, dredging, fertilizers and part of infrastructure projects.

Man Industries (India) (NSE:MANINDS) Headlines

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