Reetech International Cargourier (BOM:543617) Debt-to-Equity

: 0.00 (As of Sep. 2023)

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Reetech International Cargourier's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹0.0 Mil. Reetech International Cargourier's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹0.0 Mil. Reetech International Cargourier's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹151.2 Mil. Reetech International Cargourier's debt to equity for the quarter that ended in Sep. 2023 was 0.00.

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 Reetech International Cargourier's Debt-to-Equity or its related term are showing as below:

BOM:543617' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.09 Med: 0.13 Max: 0.17
Current: 0.09

During the past 4 years, the highest Debt-to-Equity Ratio of Reetech International Cargourier was 0.17. The lowest was 0.09. And the median was 0.13.

BOM:543617's Debt-to-Equity is ranked better than
86% of 557 companies
in the Steel industry
Industry Median: 0.41 vs BOM:543617: 0.09

Reetech International Cargourier Debt-to-Equity Historical Data

The historical data trend for Reetech International Cargourier'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.

Array ( [0] => 0.17 [1] => 0.13 [2] => - [3] => 0.09 )

Reetech International Cargourier Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

0.17

0.13

0.09

Reetech International Cargourier Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity		0.13	-	N/A	0.09	-

Competitive Comparison

For the Coking Coal subindustry, Reetech International Cargourier'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.

Reetech International Cargourier Debt-to-Equity Distribution

For the Steel industry and Basic Materials sector, Reetech International Cargourier's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Reetech International Cargourier's Debt-to-Equity falls into.

Reetech International Cargourier Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Reetech International Cargourier'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
	=	(7.475	+	5.383)	/	150.098
	=	0.09

Reetech International Cargourier's Debt to Equity Ratio for the quarter that ended in Sep. 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)	/	151.205
	=	0.00

Reetech International Cargourier (BOM:543617) 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.

Reetech International Cargourier Debt-to-Equity Related Terms

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Reetech International Cargourier (BOM:543617) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Reetech International Cargo & Courier Ltd (BOM:543617) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sai Kunj Civil Lines, Raipur, CT, IND, 492001

Website

https://www.reetechinternational.com

Reetech International Cargo And Courier Ltd is a Coal Supplier in India. The company's diversified product portfolio comprises coal from Indonesia, South Africa, Australia and India, among other origins. The company supply the products to customers in various sectors such as Power, Steel, Rolling and other industries. An effective handling and transportation of the orders is facilitated through Road transportation and Railway.

Reetech International Cargourier (BOM:543617) Headlines

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