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Modi Rubber (NSE:MODIRUBBER) Debt-to-Equity : 0.03 (As of Mar. 2024)


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What is Modi Rubber Debt-to-Equity?

Modi Rubber's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹127.81 Mil. Modi Rubber's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹79.76 Mil. Modi Rubber's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹6,548.59 Mil. Modi Rubber's debt to equity for the quarter that ended in Mar. 2024 was 0.03.

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 Modi Rubber's Debt-to-Equity or its related term are showing as below:

NSE:MODIRUBBER' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.01   Max: 0.03
Current: 0.03

During the past 13 years, the highest Debt-to-Equity Ratio of Modi Rubber was 0.03. The lowest was 0.01. And the median was 0.01.

NSE:MODIRUBBER's Debt-to-Equity is ranked better than
94.99% of 1578 companies
in the Real Estate industry
Industry Median: 0.755 vs NSE:MODIRUBBER: 0.03

Modi Rubber Debt-to-Equity Historical Data

The historical data trend for Modi Rubber'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.

Modi Rubber Debt-to-Equity Chart

Modi Rubber Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.01 0.01 0.03 0.03

Modi Rubber Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.03 N/A 0.03 N/A 0.03

Competitive Comparison of Modi Rubber's Debt-to-Equity

For the Real Estate Services subindustry, Modi Rubber'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.


Modi Rubber's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Modi Rubber's Debt-to-Equity distribution charts can be found below:

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



Modi Rubber Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Modi Rubber's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Modi Rubber's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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.


Modi Rubber  (NSE:MODIRUBBER) 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.


Modi Rubber Debt-to-Equity Related Terms

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


Modi Rubber (NSE:MODIRUBBER) Business Description

Traded in Other Exchanges
Address
4-7C, DDA Shopping Centre, New Friends Colony, New Delhi, IND, 110025
Modi Rubber Ltd is an Indian real estate company. The firm is engaged in renting immovable property which is the only segment. It derives revenue from rentals on real estate and guest houses at Modipuram, India. It also generates income from fund management and dividends from joint venture companies in which the company has management and equity collaborations.

Modi Rubber (NSE:MODIRUBBER) Headlines

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