Murudeshwar Ceramics (BOM:515037) Debt-to-Equity : 0.30 (As of Mar. 2024)

View and export this data going back to 2000. Start your Free Trial

What is Murudeshwar Ceramics Debt-to-Equity?

Murudeshwar Ceramics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹653 Mil. Murudeshwar Ceramics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹450 Mil. Murudeshwar Ceramics's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹3,655 Mil. Murudeshwar Ceramics's debt to equity for the quarter that ended in Mar. 2024 was 0.30.

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 Murudeshwar Ceramics's Debt-to-Equity or its related term are showing as below:

BOM:515037' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.25 Med: 0.3 Max: 0.37
Current: 0.3

During the past 13 years, the highest Debt-to-Equity Ratio of Murudeshwar Ceramics was 0.37. The lowest was 0.25. And the median was 0.30.

BOM:515037's Debt-to-Equity is ranked better than
59.45% of 1524 companies
in the Construction industry
Industry Median: 0.44 vs BOM:515037: 0.30

Murudeshwar Ceramics Debt-to-Equity Historical Data

The historical data trend for Murudeshwar Ceramics'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.

Murudeshwar Ceramics Debt-to-Equity Chart

Murudeshwar Ceramics Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

Get a 7-Day Free Trial

0.25

0.27

0.37

0.30

Murudeshwar Ceramics 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															0.37	N/A	0.33	N/A	0.30

Competitive Comparison of Murudeshwar Ceramics's Debt-to-Equity

For the Building Products & Equipment subindustry, Murudeshwar Ceramics'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.

Murudeshwar Ceramics's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Murudeshwar Ceramics's Debt-to-Equity distribution charts can be found below:

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

Murudeshwar Ceramics Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Murudeshwar Ceramics'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
	=	(652.937	+	450.134)	/	3655.005
	=	0.30

Murudeshwar Ceramics'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
	=	(652.937	+	450.134)	/	3655.005
	=	0.30

Murudeshwar Ceramics (BOM:515037) 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.

Murudeshwar Ceramics Debt-to-Equity Related Terms

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

Murudeshwar Ceramics (BOM:515037) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Murudeshwar Ceramics Ltd (BOM:515037) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

MURUDCERA:India

Address

14, M.G.Road, Naveen Complex, 7th Floor, Bengaluru, KA, IND, 560 001

Website

https://www.naveentile.com

Murudeshwar Ceramics Ltd is an Indian company engaged in the building material business sector. The company is involved in the manufacturing of vitrified tiles, ceramic tiles, wall tiles, soluble tiles, exterior tiles, and wooden stripes. It operates in one segment which is the Manufacture and Trading of Tiles and services. The firm generates revenue through the Sale of products and Sale of services.

Murudeshwar Ceramics (BOM:515037) Headlines

No Headlines