Raasi Refractories (BOM:502271) Debt-to-Equity : N/A (As of Dec. 2023)

View and export this data going back to 2001. Start your Free Trial

What is Raasi Refractories Debt-to-Equity?

Raasi Refractories's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.0 Mil. Raasi Refractories's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.0 Mil. Raasi Refractories's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹0.0 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 Raasi Refractories's Debt-to-Equity or its related term are showing as below:

BOM:502271' s Debt-to-Equity Range Over the Past 10 Years
Min: -21.15 Med: -2.06 Max: 40.68
Current: -2.6

During the past 13 years, the highest Debt-to-Equity Ratio of Raasi Refractories was 40.68. The lowest was -21.15. And the median was -2.06.

BOM:502271's Debt-to-Equity is not ranked
in the Building Materials industry.
Industry Median: 0.39 vs BOM:502271: -2.60

Raasi Refractories Debt-to-Equity Historical Data

The historical data trend for Raasi Refractories'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.

Raasi Refractories Debt-to-Equity Chart

Raasi Refractories Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

Get a 7-Day Free Trial

-3.04

-2.78

-3.15

-1.98

Raasi Refractories 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	-1.98	N/A	-2.60	N/A

Competitive Comparison of Raasi Refractories's Debt-to-Equity

For the Building Materials subindustry, Raasi Refractories'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.

Raasi Refractories's Debt-to-Equity Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Raasi Refractories's Debt-to-Equity distribution charts can be found below:

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

Raasi Refractories Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Raasi Refractories'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
	=	(153.656	+	116.083)	/	-136.087
	=	-1.98

Raasi Refractories'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

Raasi Refractories (BOM:502271) 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.

Raasi Refractories Debt-to-Equity Related Terms

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

Raasi Refractories (BOM:502271) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Raasi Refractories Ltd (BOM:502271) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

House No. 15-145/9, Kodandaram Nagar, Saroor Nagar, Near Sarada Talkies, Hyderabad, TG, IND, 500060

Website

https://www.raasi.in

Raasi Refractories Ltd is engaged in the manufacture of refractory products in India. The company offers Standard as well as Special refractories products which include basic refractories such as magnesite, alumina spinel bricks, fire clay and high alumina, cold and hot face insulation bricks, ramming, stopper heads, and much more.

Raasi Refractories (BOM:502271) Headlines

No Headlines