Quasem Industries (DHA:QUASEMIND) Debt-to-Equity : 0.58 (As of Dec. 2023)

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What is Quasem Industries Debt-to-Equity?

Quasem Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was BDT993 Mil. Quasem Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was BDT179 Mil. Quasem Industries's Total Stockholders Equity for the quarter that ended in Dec. 2023 was BDT2,033 Mil. Quasem Industries's debt to equity for the quarter that ended in Dec. 2023 was 0.58.

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 Quasem Industries's Debt-to-Equity or its related term are showing as below:

DHA:QUASEMIND' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.21 Med: 0.3 Max: 0.59
Current: 0.58

During the past 13 years, the highest Debt-to-Equity Ratio of Quasem Industries was 0.59. The lowest was 0.21. And the median was 0.30.

DHA:QUASEMIND's Debt-to-Equity is ranked worse than
70.73% of 2624 companies
in the Industrial Products industry
Industry Median: 0.29 vs DHA:QUASEMIND: 0.58

Quasem Industries Debt-to-Equity Historical Data

The historical data trend for Quasem Industries'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.

Quasem Industries Debt-to-Equity Chart

Quasem Industries Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.36

0.37

0.33

0.48

0.59

Quasem Industries 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															0.50	0.56	0.59	0.59	0.58

Competitive Comparison of Quasem Industries's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, Quasem Industries'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.

Quasem Industries's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Quasem Industries's Debt-to-Equity distribution charts can be found below:

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

Quasem Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Quasem Industries's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(1008.764	+	180.072)	/	2017.703
	=	0.59

Quasem Industries'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
	=	(993.181	+	179.14)	/	2033.116
	=	0.58

Quasem Industries (DHA:QUASEMIND) 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.

Quasem Industries Debt-to-Equity Related Terms

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

Quasem Industries (DHA:QUASEMIND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Quasem Industries Ltd (DHA:QUASEMIND) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot No. 57/4, Progati Sarani, Icon Center (4th, 6th and 9th Floor), North Baridhara, Dhaka, BGD, 1212

Website

https://www.quasemindustries.com

Quasem Industries Ltd is a battery and dry cell manufacturing company in Bangladesh. The company offers batteries, lamps, flashlights, air fresheners, perfume, gas lighters, metal cans/sheets. It sells batteries of various sizes which include UM-1, UM-3, and UM-4 which accounts for the majority of the company revenue which is sold under the brand name Sunlite.

Quasem Industries (DHA:QUASEMIND) Headlines

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