Envair Electrodyne (BOM:500246) Debt-to-Equity : 0.00 (As of Mar. 2024)

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What is Envair Electrodyne Debt-to-Equity?

Envair Electrodyne's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0.00 Mil. Envair Electrodyne's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0.00 Mil. Envair Electrodyne's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹77.09 Mil. Envair Electrodyne's debt to equity for the quarter that ended in Mar. 2024 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 Envair Electrodyne's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of Envair Electrodyne was 1.12. The lowest was 0.05. And the median was 0.34.

BOM:500246's Debt-to-Equity is not ranked ^*
in the Industrial Products industry.
Industry Median: 0.285
* Ranked among companies with meaningful Debt-to-Equity only.

Envair Electrodyne Debt-to-Equity Historical Data

The historical data trend for Envair Electrodyne'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.

Envair Electrodyne Debt-to-Equity Chart

Envair Electrodyne Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.46

0.77

1.12

Envair Electrodyne Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															-	N/A	-	N/A	-

Competitive Comparison of Envair Electrodyne's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Envair Electrodyne'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.

Envair Electrodyne's Debt-to-Equity Distribution in the Industrial Products Industry

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

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

Envair Electrodyne Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Envair Electrodyne's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 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)	/	77.089
	=	0.00

Envair Electrodyne's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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)	/	77.089
	=	0.00

Envair Electrodyne (BOM:500246) 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.

Envair Electrodyne Debt-to-Equity Related Terms

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Envair Electrodyne (BOM:500246) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Envair Electrodyne Ltd (BOM:500246) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

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Address

21 Sasoon Road, Office No 123, Wing A Sohrab Hall, Pune, MH, IND, 411026

Website

http://www.envair.in

Envair Electrodyne Ltd is engaged in the manufacture and sale of clean air equipment and oil cleaners. The firm operates in a single segment namely Industrial Machinery. Its product profile includes Aero Sure, Pro-Clean, and Furnitech. The firm's product offerings include Air showers and Air Tunnels, Electrostatic Air Cleaners, Biosafety Cabinet, Air Curtains, Longevity, Fan Filter Unit, Electrostatic Oil Cleaner, ESD Workstations, Laboratory Furniture, Assembly Tables, and Laboratory Fume Hoods.

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