Surya Roshni (BOM:500336) Debt-to-Equity : N/A (As of Dec. 2023)

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What is Surya Roshni Debt-to-Equity?

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

BOM:500336' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12 Med: 0.99 Max: 1.47
Current: 0.12

During the past 13 years, the highest Debt-to-Equity Ratio of Surya Roshni was 1.47. The lowest was 0.12. And the median was 0.99.

BOM:500336's Debt-to-Equity is ranked better than
81.15% of 557 companies
in the Steel industry
Industry Median: 0.42 vs BOM:500336: 0.12

Surya Roshni Debt-to-Equity Historical Data

The historical data trend for Surya Roshni'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.

Surya Roshni Debt-to-Equity Chart

Surya Roshni Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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1.03

0.89

0.54

0.38

0.22

Surya Roshni 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	0.22	N/A	0.12	N/A

Competitive Comparison of Surya Roshni's Debt-to-Equity

For the Steel subindustry, Surya Roshni'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.

Surya Roshni's Debt-to-Equity Distribution in the Steel Industry

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

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

Surya Roshni Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Surya Roshni'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
	=	(4109.5	+	68.2)	/	18635.9
	=	0.22

Surya Roshni'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

Surya Roshni (BOM:500336) 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.

Surya Roshni Debt-to-Equity Related Terms

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Surya Roshni (BOM:500336) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Surya Roshni Ltd (BOM:500336) » Definitions » Debt-to-Equity

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SURYAROSNI:India

Address

5, Rajendra Place, 2nd Floor, Padma Tower - 1, New Delhi, IND, 110008

Website

https://www.surya.co.in

Surya Roshni Ltd is an Indian-based company involved in the manufacturing and marketing of lighting and steel tube products. The business activity of the firm has functioned through Steel pipes and Strips and Lighting and consumer durables segments. The Steel Pipe and Strips segment manufacturing and sale of steel pipes, cold rolled strips and steel structures. The Lighting and consumer durables segment is engaged in the manufacturing and sale of different varieties of Lamps, fittings, Fans, Appliances and allied items. Geographically all the business operations are operated from India, however, the business presence and the products are sold within the Indian and international market.

Surya Roshni (BOM:500336) Headlines

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