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Lumax Industries (BOM:517206) Debt-to-Equity : N/A (As of Dec. 2024)


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What is Lumax Industries Debt-to-Equity?

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

BOM:517206' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.26   Med: 0.69   Max: 1.32
Current: 1.32

During the past 13 years, the highest Debt-to-Equity Ratio of Lumax Industries was 1.32. The lowest was 0.26. And the median was 0.69.

BOM:517206's Debt-to-Equity is ranked worse than
82.95% of 1185 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs BOM:517206: 1.32

Lumax Industries Debt-to-Equity Historical Data

The historical data trend for Lumax Industries'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.

Lumax Industries Debt-to-Equity Chart

Lumax Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.78 0.74 0.82 0.74 1.08

Lumax Industries 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A 1.08 N/A 1.32 N/A

Competitive Comparison of Lumax Industries's Debt-to-Equity

For the Auto Parts subindustry, Lumax Industries'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.


Lumax Industries's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Lumax Industries's Debt-to-Equity distribution charts can be found below:

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



Lumax Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Lumax Industries's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Lumax Industries's Debt to Equity Ratio for the quarter that ended in Dec. 2024 is calculated as

* 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.


Lumax Industries  (BOM:517206) 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.


Lumax Industries Debt-to-Equity Related Terms

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


Lumax Industries Business Description

Traded in Other Exchanges
Address
Plot No. - 878, Udyog Vihar, Phase - V, Gurugram, HR, IND, 122016
Lumax Industries Ltd is engaged in the business of manufacturing various types of Automotive lighting equipment for four wheelers and two wheeler applications in India .The Company's business activity falls within a single business segment which is manufacturing and trading of Automotive Components. It provides automotive lighting equipment that includes head lamps, tail lamps, sundry lamps, and auxiliary lamps. Geographically, the company caters its services to domestic and overseas market, of which a majority of revenue is derived within India.

Lumax Industries Headlines

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