Kriti Industries (India) (NSE:KRITI) Debt-to-Equity : N/A (As of Dec. 2023)

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What is Kriti Industries (India) Debt-to-Equity?

Kriti Industries (India)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Kriti Industries (India)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Kriti Industries (India)'s Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹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 Kriti Industries (India)'s Debt-to-Equity or its related term are showing as below:

NSE:KRITI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.42 Med: 0.82 Max: 1.07
Current: 0.82

During the past 13 years, the highest Debt-to-Equity Ratio of Kriti Industries (India) was 1.07. The lowest was 0.42. And the median was 0.82.

NSE:KRITI's Debt-to-Equity is ranked worse than
70.01% of 1507 companies
in the Construction industry
Industry Median: 0.44 vs NSE:KRITI: 0.82

Kriti Industries (India) Debt-to-Equity Historical Data

The historical data trend for Kriti Industries (India)'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.

Kriti Industries (India) Debt-to-Equity Chart

Kriti Industries (India) Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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1.06

0.89

0.62

0.66

0.95

Kriti Industries (India) 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	0.95	N/A	0.82	N/A

Competitive Comparison of Kriti Industries (India)'s Debt-to-Equity

For the Building Products & Equipment subindustry, Kriti Industries (India)'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.

Kriti Industries (India)'s Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Kriti Industries (India)'s Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Kriti Industries (India)'s Debt-to-Equity falls into.

Kriti Industries (India) Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kriti Industries (India)'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
	=	(919.456	+	322.168)	/	1301.243
	=	0.95

Kriti Industries (India)'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

Kriti Industries (India) (NSE:KRITI) 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.

Kriti Industries (India) Debt-to-Equity Related Terms

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Kriti Industries (India) (NSE:KRITI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Kriti Industries (India) Ltd (NSE:KRITI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

526423:India

Address

Plot No. 10, Scheme No. 78-II, Vijay Nagar, Brilliant Sapphire, 801 - 804, 8th Floor, Indore, MP, IND, 452 010

Website

http://www.kritiindia.com

Kriti Industries (India) Ltd is a manufacturer of plastic polymer Piping Systems, Blow moulded plastic products as well as refined Soyabean products. Its agriculture products include rigid polyvinyl chloride (RPVC) pipe and fittings, casing pipe, polyethylene (PE) coils, sprinkler systems, submersible pipe, suction, and garden pipe. Building products include soil waste rainwater (SWR) drainage pipe and fittings, chlorinated polyvinyl chloride (CPVC) and plumb pipe and fittings, garden pipe and water tank. Its micro irrigation products includes micro irrigation lateral (inline and online), sprinkler systems, and RPVC pipe and fittings. Geographically, it derives a majority of revenue from India.

Kriti Industries (India) (NSE:KRITI) Headlines

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