NDR Auto Components (NSE:NDRAUTO) Debt-to-Equity : N/A (As of Dec. 2023)

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What is NDR Auto Components Debt-to-Equity?

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

NSE:NDRAUTO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.05 Max: 0.17
Current: 0.14

During the past 5 years, the highest Debt-to-Equity Ratio of NDR Auto Components was 0.17. The lowest was 0.00. And the median was 0.05.

NSE:NDRAUTO's Debt-to-Equity is ranked better than
78.74% of 1171 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs NSE:NDRAUTO: 0.14

NDR Auto Components Debt-to-Equity Historical Data

The historical data trend for NDR Auto Components'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.

NDR Auto Components Debt-to-Equity Chart

NDR Auto Components Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

0.03

0.07

0.16

NDR Auto Components Quarterly Data
	Mar19	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	0.16	N/A	0.14	N/A

Competitive Comparison of NDR Auto Components's Debt-to-Equity

For the Auto Parts subindustry, NDR Auto Components'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.

NDR Auto Components's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, NDR Auto Components's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where NDR Auto Components's Debt-to-Equity falls into.

NDR Auto Components Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

NDR Auto Components'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
	=	(25.535	+	311.693)	/	2179.231
	=	0.15

NDR Auto Components'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

NDR Auto Components (NSE:NDRAUTO) 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.

NDR Auto Components Debt-to-Equity Related Terms

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

NDR Auto Components (NSE:NDRAUTO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » NDR Auto Components Ltd (NSE:NDRAUTO) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

543214:India

Address

Plot No.1, Maruti Joint Venture Complex, Gurugram, HR, IND, 122015

Website

https://www.ndrauto.com

NDR Auto Components Ltd is a manufacturer of seat frames and seat trims for passenger and utility vehicles. The company's product range includes seat frames and trims for a four-wheeler, two-wheeler, and BIW Parts. Geographically, the company operates only in India.

NDR Auto Components (NSE:NDRAUTO) Headlines

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