Banco Products (India) (BOM:500039) Debt-to-Equity : N/A (As of Dec. 2023)

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What is Banco Products (India) Debt-to-Equity?

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

BOM:500039' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.06 Max: 0.42
Current: 0.38

During the past 13 years, the highest Debt-to-Equity Ratio of Banco Products (India) was 0.42. The lowest was 0.01. And the median was 0.06.

BOM:500039's Debt-to-Equity is ranked better than
57.77% of 1177 companies
in the Vehicles & Parts industry
Industry Median: 0.48 vs BOM:500039: 0.38

Banco Products (India) Debt-to-Equity Historical Data

The historical data trend for Banco Products (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.

Banco Products (India) Debt-to-Equity Chart

Banco Products (India) Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.05

0.13

0.02

0.12

0.42

Banco Products (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	0.42	N/A	0.38	N/A

Competitive Comparison of Banco Products (India)'s Debt-to-Equity

For the Auto Parts subindustry, Banco Products (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.

Banco Products (India)'s Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Banco Products (India)'s Debt-to-Equity distribution charts can be found below:

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

Banco Products (India) Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Banco Products (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
	=	(2705	+	1470.7)	/	10015
	=	0.42

Banco Products (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

Banco Products (India) (BOM:500039) 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.

Banco Products (India) Debt-to-Equity Related Terms

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Banco Products (India) (BOM:500039) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Banco Products (India) Ltd (BOM:500039) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

BANCOINDIA:India

Address

Padra Road, BIL, Near Bhaili Railway Station, District Vadodara, Vadodara, GJ, IND, 391410

Website

https://www.bancoindia.com

Banco Products (India) Ltd is a company engaged in the manufacturing and selling of radiators. The company manufactures aluminum radiators and copper-brass radiators. Its products include charged air coolers, fuel coolers, oil coolers, cooling systems, sealing gaskets, joint gaskets and sheets, and rubber products. Banco manufactures and supplies original equipment (OE) for commercial vehicles, passenger vehicles, and industrial products. The company caters to the domestic and international market. The company generates the majority of its revenue within India.

Banco Products (India) (BOM:500039) Headlines

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