Rapicut Carbides (BOM:500360) Debt-to-Equity : 0.06 (As of Mar. 2024)

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What is Rapicut Carbides Debt-to-Equity?

Rapicut Carbides's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹12.5 Mil. Rapicut Carbides's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0.0 Mil. Rapicut Carbides's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹219.0 Mil. Rapicut Carbides's debt to equity for the quarter that ended in Mar. 2024 was 0.06.

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 Rapicut Carbides's Debt-to-Equity or its related term are showing as below:

BOM:500360' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.05 Med: 0.08 Max: 0.16
Current: 0.06

During the past 13 years, the highest Debt-to-Equity Ratio of Rapicut Carbides was 0.16. The lowest was -0.05. And the median was 0.08.

BOM:500360's Debt-to-Equity is ranked better than
81.44% of 2629 companies
in the Industrial Products industry
Industry Median: 0.29 vs BOM:500360: 0.06

Rapicut Carbides Debt-to-Equity Historical Data

The historical data trend for Rapicut Carbides'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.

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Rapicut Carbides Debt-to-Equity Chart

Rapicut Carbides Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.07

0.10

0.16

0.06

Rapicut Carbides 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															0.16	N/A	0.31	N/A	0.06

Competitive Comparison of Rapicut Carbides's Debt-to-Equity

For the Metal Fabrication subindustry, Rapicut Carbides'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.

Rapicut Carbides's Debt-to-Equity Distribution in the Industrial Products Industry

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

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

Rapicut Carbides Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Rapicut Carbides'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
	=	(12.498	+	0)	/	219.012
	=	0.06

Rapicut Carbides'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
	=	(12.498	+	0)	/	219.012
	=	0.06

Rapicut Carbides (BOM:500360) 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.

Rapicut Carbides Debt-to-Equity Related Terms

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

Rapicut Carbides (BOM:500360) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Rapicut Carbides Ltd (BOM:500360) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

On National Highway BOM-AHM, Plot Number 119, GIDC Industrial Area, Ankleshwar, GJ, IND, 393 002

Website

http://www.rapicutcarbides.com

Rapicut Carbides Ltd is engaged in manufacturing Tungsten Carbide Tips, Inserts and other Carbide products from ore stage. It manufactures a wide range of Tungsten Carbide products such as Tungsten Carbide Tips, Tungsten Carbide Inserts, Wire Drawing Nibs, Bar and Tube drawing Pellets, Tungsten Carbide Rings, Flats, Jute Eyelets, Solid Carbide Cutters and a wide range of Tool Room Products. Geographically the company derives key revenue from India.

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