GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Trio Mercantile & Trading Ltd (BOM:534755) » Definitions » Debt-to-Equity

Trio Mercantile & Trading (BOM:534755) Debt-to-Equity : N/A (As of Dec. 2023)


View and export this data going back to 2012. Start your Free Trial

What is Trio Mercantile & Trading Debt-to-Equity?

Trio Mercantile & Trading's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.00 Mil. Trio Mercantile & Trading's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.00 Mil. Trio Mercantile & Trading's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹0.00 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 Trio Mercantile & Trading's Debt-to-Equity or its related term are showing as below:

BOM:534755' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.11   Max: 0.24
Current: 0.03

During the past 12 years, the highest Debt-to-Equity Ratio of Trio Mercantile & Trading was 0.24. The lowest was 0.01. And the median was 0.11.

BOM:534755's Debt-to-Equity is ranked better than
94.9% of 431 companies
in the Credit Services industry
Industry Median: 1.18 vs BOM:534755: 0.03

Trio Mercantile & Trading Debt-to-Equity Historical Data

The historical data trend for Trio Mercantile & Trading'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.

Trio Mercantile & Trading Debt-to-Equity Chart

Trio Mercantile & Trading Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 - - - 0.01

Trio Mercantile & Trading 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 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 N/A 0.01 N/A 0.03 N/A

Competitive Comparison of Trio Mercantile & Trading's Debt-to-Equity

For the Credit Services subindustry, Trio Mercantile & Trading'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.


Trio Mercantile & Trading's Debt-to-Equity Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Trio Mercantile & Trading's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Trio Mercantile & Trading's Debt-to-Equity falls into.



Trio Mercantile & Trading Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Trio Mercantile & Trading's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Trio Mercantile & Trading's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Trio Mercantile & Trading  (BOM:534755) 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.


Trio Mercantile & Trading Debt-to-Equity Related Terms

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


Trio Mercantile & Trading (BOM:534755) Business Description

Traded in Other Exchanges
N/A
Address
Kora Kendra, Off S.V. Road, 613/B, Mangal Aarambh, Near Mc Donalds, Borivali (West), Mumbai, MH, IND, 400092
Trio Mercantile & Trading Ltd is engaged in activities of trading in India. It derives the majority of revenue from the sale of goods followed by the sale of services.

Trio Mercantile & Trading (BOM:534755) Headlines

No Headlines