Elecon Engineering Co (BOM:505700) Debt-to-Equity : N/A (As of Dec. 2024)

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What is Elecon Engineering Co Debt-to-Equity?

Elecon Engineering Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₹0 Mil. Elecon Engineering Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₹0 Mil. Elecon Engineering Co's Total Stockholders Equity for the quarter that ended in Dec. 2024 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 Elecon Engineering Co's Debt-to-Equity or its related term are showing as below:

BOM:505700' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.57 Max: 0.89
Current: 0.07

During the past 13 years, the highest Debt-to-Equity Ratio of Elecon Engineering Co was 0.89. The lowest was 0.03. And the median was 0.57.

BOM:505700's Debt-to-Equity is ranked better than
79.68% of 2593 companies
in the Industrial Products industry
Industry Median: 0.29 vs BOM:505700: 0.07

Elecon Engineering Co Debt-to-Equity Historical Data

The historical data trend for Elecon Engineering Co'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.

Elecon Engineering Co Debt-to-Equity Chart

Elecon Engineering Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.57

0.37

0.14

0.04

Elecon Engineering Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															N/A	0.04	N/A	0.07	N/A

Competitive Comparison of Elecon Engineering Co's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Elecon Engineering Co'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.

Elecon Engineering Co's Debt-to-Equity Distribution in the Industrial Products Industry

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

* The bar in red indicates where Elecon Engineering Co's Debt-to-Equity falls into.

Elecon Engineering Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Elecon Engineering Co'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
	=	(110.5	+	594.1)	/	16040.2
	=	0.04

Elecon Engineering Co's Debt to Equity Ratio for the quarter that ended in Dec. 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)	/	0
	=	N/A

Elecon Engineering Co (BOM:505700) 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.

Elecon Engineering Co Debt-to-Equity Related Terms

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Elecon Engineering Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Elecon Engineering Co Ltd (BOM:505700) » Definitions » Debt-to-Equity

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ELECON:India

Address

Anand Sojitra Road, Vallabh Vidyanagar, GJ, IND, 388120

Website

https://www.elecon.com

Elecon Engineering Co Ltd is an India-based company engaged in the manufacturing of material handling equipment and industrial gears. It operates through two segments, namely, the Material Handling Equipment segment, which engages in the manufacturing of raw material handling systems, stackers, reclaimers, bagging and weighing machines, wagon and truck loaders, crushers, wagon tipplers, feeders, and port equipment; and Transmission Equipment segment, which manufactures material transmission equipment like gearboxes, couplings, and elevator traction machines. It generates maximum revenue from transmission equipment sales. The group has a business presence in India and Outside India.

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