Surani Steel Tubes (NSE:SURANI) Total Payout Ratio : -107.61 (As of Jun. 24, 2024)

View and export this data going back to 2019. Start your Free Trial

What is Surani Steel Tubes Total Payout Ratio?

Total Payout Ratio is the percent a company has paid to its shareholders through net repurchase of shares and dividends based on its Net Income.

Surani Steel Tubes's current Total Payout Ratio is -107.61.

Surani Steel Tubes Total Payout Ratio Historical Data

The historical data trend for Surani Steel Tubes's Total Payout Ratio 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.

Surani Steel Tubes Total Payout Ratio Chart

Surani Steel Tubes Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Payout Ratio

Get a 7-Day Free Trial

-107.61

Surani Steel Tubes Semi-Annual Data
	Mar14	Mar15	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Total Payout Ratio	Get a 7-Day Free Trial											-	-	-	45.71	-6.11

Competitive Comparison of Surani Steel Tubes's Total Payout Ratio

For the Steel subindustry, Surani Steel Tubes's Total Payout Ratio, along with its competitors' market caps and Total Payout Ratio 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.

Surani Steel Tubes's Total Payout Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Surani Steel Tubes's Total Payout Ratio distribution charts can be found below:

* The bar in red indicates where Surani Steel Tubes's Total Payout Ratio falls into.

Surani Steel Tubes Total Payout Ratio Calculation

Total Payout Ratio is a measurement showing the proportion of earnings a company pays shareholders in the form of dividends and net stock repurchases.

Surani Steel Tubes's Total Payout Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Total Payout Ratio	=	- (Repurchase of Stock	+	Issuance of Stock	+	Cash Flow for Dividends)	/	Net Income
	=	- (0	+	650.635	+	0)	/	6.046
	=	-107.61

Surani Steel Tubes's Total Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Total Payout Ratio	=	- (Repurchase of Stock	+	Issuance of Stock	+	Cash Flow for Dividends)	/	Net Income
	=	- (0	+	109.35	+	0)	/	17.888
	=	-6.11

Surani Steel Tubes Total Payout Ratio Related Terms

Thank you for viewing the detailed overview of Surani Steel Tubes's Total Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Surani Steel Tubes (NSE:SURANI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Surani Steel Tubes Ltd (NSE:SURANI) » Definitions » Total Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Bayad Road, Sr. No. 110,115, Opposite Vinayak TMT, Village Sampa, Taluka Dahegam, Gandhinagar, GJ, IND, 382315

Website

https://www.suranisteel.com

Surani Steel Tubes Ltd is engaged in manufacturing and supplying ERW pipes and steel tubes. The company operates a single segment named manufacturing ERW MS PIPES and trading of MS PIPE. The company's products include ERW Round Pipes and Tubes, Square and Rectangle Hollow Sections, MS Slit Coils and Strips, Hot Roll Coils, and Brochures. Geographically, it operates only in India.

Surani Steel Tubes (NSE:SURANI) Headlines

No Headlines