Ram Ratna Wires (BOM:522281) Debt-to-Equity : N/A (As of Dec. 2024)

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What is Ram Ratna Wires Debt-to-Equity?

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

BOM:522281' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.52 Med: 1.33 Max: 1.8
Current: 0.52

During the past 13 years, the highest Debt-to-Equity Ratio of Ram Ratna Wires was 1.80. The lowest was 0.52. And the median was 1.33.

BOM:522281's Debt-to-Equity is ranked worse than
68.11% of 2618 companies
in the Industrial Products industry
Industry Median: 0.28 vs BOM:522281: 0.52

Ram Ratna Wires Debt-to-Equity Historical Data

The historical data trend for Ram Ratna Wires'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.

Ram Ratna Wires Debt-to-Equity Chart

Ram Ratna Wires Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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1.64

1.80

0.99

0.86

0.61

Ram Ratna Wires 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															N/A	0.61	N/A	0.52	N/A

Competitive Comparison of Ram Ratna Wires's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, Ram Ratna Wires'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.

Ram Ratna Wires's Debt-to-Equity Distribution in the Industrial Products Industry

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

* The bar in red indicates where Ram Ratna Wires's Debt-to-Equity falls into.

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Ram Ratna Wires Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ram Ratna Wires'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
	=	(1356.328	+	1135.91)	/	4104.04
	=	0.61

Ram Ratna Wires's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(0	+	0)	/	0
	=	N/A

Ram Ratna Wires (BOM:522281) 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.

Ram Ratna Wires Debt-to-Equity Related Terms

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Ram Ratna Wires Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ram Ratna Wires Ltd (BOM:522281) » Definitions » Debt-to-Equity

Traded in Other Exchanges

RAMRAT:India

Address

Bhailal Amin Marg, Gorwa, Ground Floor, Alembic Business Park (West), Vadodara, GJ, IND, 390003

Website

https://www.rrshramik.com

Ram Ratna Wires Ltd engages in the manufacture and sale of enameled copper winding wire and strips. Its products include enameled copper wire, enameled copper strips, enameled aluminum wires, submersible flat cable, corona resistant winding wires, and submersible winding wire. Its segments are Enamelled wires and strips; Copper tubes and pipes and Other. Geographically, it derives a majority of revenue from India.

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