Rolcon Engineering Co (BOM:505807) Debt-to-Equity : 0.04 (As of Mar. 2024)

View and export this data going back to 1995. Start your Free Trial

What is Rolcon Engineering Co Debt-to-Equity?

Rolcon Engineering Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹6.6 Mil. Rolcon Engineering Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹1.2 Mil. Rolcon Engineering Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹211.6 Mil. Rolcon Engineering Co's debt to equity for the quarter that ended in Mar. 2024 was 0.04.

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 Rolcon Engineering Co's Debt-to-Equity or its related term are showing as below:

BOM:505807' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: 0.06
Current: 0.04

During the past 13 years, the highest Debt-to-Equity Ratio of Rolcon Engineering Co was 0.06. The lowest was 0.01. And the median was 0.02.

BOM:505807's Debt-to-Equity is ranked better than
86.81% of 2623 companies
in the Industrial Products industry
Industry Median: 0.28 vs BOM:505807: 0.04

Rolcon Engineering Co Debt-to-Equity Historical Data

The historical data trend for Rolcon 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.

Rolcon Engineering Co Debt-to-Equity Chart

Rolcon Engineering Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

Get a 7-Day Free Trial

0.01

0.05

0.02

0.01

0.04

Rolcon Engineering Co 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															0.01	N/A	0.01	N/A	0.04

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

For the Tools & Accessories subindustry, Rolcon 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.

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

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

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

Rolcon Engineering Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Rolcon 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
	=	(6.607	+	1.176)	/	211.618
	=	0.04

Rolcon Engineering Co'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
	=	(6.607	+	1.176)	/	211.618
	=	0.04

Rolcon Engineering Co (BOM:505807) 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.

Rolcon Engineering Co Debt-to-Equity Related Terms

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

Rolcon Engineering Co (BOM:505807) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Rolcon Engineering Co Ltd (BOM:505807) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Anand-Sojitra Road, Post Box No. 20, Anand, Vallabh Vidyanagar, GJ, IND, 388120

Website

http://www.rolconengineering.com

Rolcon Engineering Co Ltd is engaged in the business of manufacturing transmission precision roller chains, conveyors, elevators, and special purpose chains. The company earns revenue from the sales of Industrial chains and Sprocket wheels, of which a majority of revenue is generated from the sale of Industrial chains.The Company has identified its business of Manufacturing 'Engineering Goods which is its only segment. Some of the products manufactured by the company are bucket elevator chain, block link type conveyor chain, reclaimer scraper chain, rope-way chain, roller chain, simplex roller chain, leaf chain, ROL-KOBO sprocket, ROL-KOBO split type sprocket, mounted sprocket, and many more. Geographically, the revenue is generated from India.

Rolcon Engineering Co (BOM:505807) Headlines

No Headlines