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Cenlub Industries (BOM:522251) Debt-to-Equity : 0.05 (As of Sep. 2024)


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What is Cenlub Industries Debt-to-Equity?

Cenlub Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹27.4 Mil. Cenlub Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹0.1 Mil. Cenlub Industries's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₹602.8 Mil. Cenlub Industries's debt to equity for the quarter that ended in Sep. 2024 was 0.05.

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 Cenlub Industries's Debt-to-Equity or its related term are showing as below:

BOM:522251' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05   Med: 0.23   Max: 0.98
Current: 0.05

During the past 13 years, the highest Debt-to-Equity Ratio of Cenlub Industries was 0.98. The lowest was 0.05. And the median was 0.23.

BOM:522251's Debt-to-Equity is ranked better than
84.67% of 2615 companies
in the Industrial Products industry
Industry Median: 0.29 vs BOM:522251: 0.05

Cenlub Industries Debt-to-Equity Historical Data

The historical data trend for Cenlub 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.

Cenlub Industries Debt-to-Equity Chart

Cenlub 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 0.42 0.24 0.15 0.10 0.08

Cenlub Industries Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.08 N/A 0.08 N/A 0.05

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

For the Specialty Industrial Machinery subindustry, Cenlub 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.


Cenlub Industries's Debt-to-Equity Distribution in the Industrial Products Industry

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

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



Cenlub Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Cenlub Industries's Debt to Equity Ratio for the quarter that ended in Sep. 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.


Cenlub Industries  (BOM:522251) 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.


Cenlub Industries Debt-to-Equity Related Terms

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


Cenlub Industries Business Description

Traded in Other Exchanges
N/A
Address
Plot No. 233 and 234, Sector-58, Ballabgarh, Faridabad, HR, IND, 121004
Cenlub Industries Ltd engages in the design, manufacture, and supply of centralized lubrication systems for machines, plants, and equipment. Its products include single shot lubrication systems, progressive grease lubrication systems, mist machine, and tool lubricators; lube oil/seal oil/water systems, rail track lubrication systems; vehicle lubricators; conveyor lubricators; and barrel pumps among others. The company mainly serves machine tools, steel plants, sponge iron plants, cement plants, sugar plants, power plants, paper plants, and other industries.

Cenlub Industries Headlines

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