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Finolex Industries (BOM:500940) Debt-to-Revenue : 0.08 (As of Mar. 2024)


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What is Finolex Industries Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Finolex Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹3,844 Mil. Finolex Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹95 Mil. Finolex Industries's annualized Revenue for the quarter that ended in Mar. 2024 was ₹49,417 Mil. Finolex Industries's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.08.


Finolex Industries Debt-to-Revenue Historical Data

The historical data trend for Finolex Industries's Debt-to-Revenue 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.

Finolex Industries Debt-to-Revenue Chart

Finolex Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.06 0.06 0.12 0.09

Finolex Industries Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Revenue 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 0.12 - 0.17 - 0.08

Competitive Comparison of Finolex Industries's Debt-to-Revenue

For the Building Products & Equipment subindustry, Finolex Industries's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.


Finolex Industries's Debt-to-Revenue Distribution in the Construction Industry

For the Construction industry and Industrials sector, Finolex Industries's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Finolex Industries's Debt-to-Revenue falls into.



Finolex Industries Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Finolex Industries's Debt-to-Revenue for the fiscal year that ended in Mar. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(3844.1 + 95.4) / 43174.3
=0.09

Finolex Industries's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(3844.1 + 95.4) / 49416.8
=0.08

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Mar. 2024) Revenue data.


Finolex Industries Debt-to-Revenue Related Terms

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Finolex Industries (BOM:500940) Business Description

Traded in Other Exchanges
Address
D-1/10, M.I.D.C, Chinchwad, Pune, MH, IND, 411 019
Finolex Industries Ltd manufactures rigid polyvinyl chloride pipes and resins, and fittings. Pipes and fittings are developed out of manufacturing plants strategically located in India. Finolex's products are designed to meet a range of specifications such as size, pressure classes, and diameters. Traditionally, market participants in agriculture, housing, telecom, construction, and other industries have constituted the largest portion of the company's customer base. In addition to the number of manufacturing plants across India, Finolex depends on a network of direct and indirect retail outlets across the country to deliver its services to numerous industries.

Finolex Industries (BOM:500940) Headlines

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