Nirav Commercials (BOM:512425) Debt-to-Equity : N/A (As of Dec. 2023)

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What is Nirav Commercials Debt-to-Equity?

Nirav Commercials's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.0 Mil. Nirav Commercials's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.0 Mil. Nirav Commercials's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹0.0 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 Nirav Commercials's Debt-to-Equity or its related term are showing as below:

BOM:512425' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.01 Max: 0.23
Current: 0.07

During the past 13 years, the highest Debt-to-Equity Ratio of Nirav Commercials was 0.23. The lowest was 0.01. And the median was 0.01.

BOM:512425's Debt-to-Equity is ranked better than
60.66% of 1309 companies
in the Metals & Mining industry
Industry Median: 0.13 vs BOM:512425: 0.07

Nirav Commercials Debt-to-Equity Historical Data

The historical data trend for Nirav Commercials'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.

Nirav Commercials Debt-to-Equity Chart

Nirav Commercials Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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Nirav Commercials 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	-	N/A	0.07	N/A

Competitive Comparison of Nirav Commercials's Debt-to-Equity

For the Aluminum subindustry, Nirav Commercials'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.

Nirav Commercials's Debt-to-Equity Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Nirav Commercials's Debt-to-Equity distribution charts can be found below:

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

Nirav Commercials Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nirav Commercials'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
	=	(0	+	0)	/	291.269
	=	0.00

Nirav Commercials'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

Nirav Commercials (BOM:512425) 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.

Nirav Commercials Debt-to-Equity Related Terms

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

Nirav Commercials (BOM:512425) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Nirav Commercials Ltd (BOM:512425) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Dr. Annie Besant Road, B-1, Tulsi Vihar, Worli Naka, Mumbai, MH, IND, 400018

Website

http://www.associatedgroup.com/NCL

Nirav Commercials Ltd manufactures and sells aluminum products in India. It operates through a single segment namely, the Manufacturing of aluminum doors and windows. It offers products such as Aluminium expanded extruded sheets and Aluminium door windows. Additionally, it also exports products such as steel, nuts, bolts, washer, and much more. The company has two manufacturing units namely Elesar Focchi, one of them is situated at Daman and another at Taloja, district, Raigad, Maharashtra.

Nirav Commercials (BOM:512425) Headlines

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