Ecoboard Industries (BOM:523732) Debt-to-Equity : 1.58 (As of Sep. 2024)

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

What is Ecoboard Industries Debt-to-Equity?

Ecoboard Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹24.4 Mil. Ecoboard Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹123.1 Mil. Ecoboard Industries's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₹93.2 Mil. Ecoboard Industries's debt to equity for the quarter that ended in Sep. 2024 was 1.58.

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

BOM:523732' s Debt-to-Equity Range Over the Past 10 Years
Min: -10.55 Med: 1.31 Max: 30.72
Current: 1.58

During the past 13 years, the highest Debt-to-Equity Ratio of Ecoboard Industries was 30.72. The lowest was -10.55. And the median was 1.31.

BOM:523732's Debt-to-Equity is ranked worse than
88.42% of 259 companies
in the Forest Products industry
Industry Median: 0.47 vs BOM:523732: 1.58

Ecoboard Industries Debt-to-Equity Historical Data

The historical data trend for Ecoboard 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.

Ecoboard Industries Debt-to-Equity Chart

Ecoboard Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

Get a 7-Day Free Trial

10.95

1.99

1.42

1.22

1.16

Ecoboard 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															1.58	N/A	1.16	N/A	1.58

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

For the Lumber & Wood Production subindustry, Ecoboard 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.

Ecoboard Industries's Debt-to-Equity Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Ecoboard Industries's Debt-to-Equity distribution charts can be found below:

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

Ecoboard Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ecoboard Industries'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
	=	(27.906	+	124.512)	/	131.887
	=	1.16

Ecoboard Industries's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(24.361	+	123.134)	/	93.222
	=	1.58

Ecoboard Industries (BOM:523732) 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.

Ecoboard Industries Debt-to-Equity Related Terms

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

Ecoboard Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Ecoboard Industries Ltd (BOM:523732) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Karve Road, 65/1A, Ecohouse, Akarshak Building, Opposite Nal Stop, Pune, MH, IND, 411004

Website

https://www.ecoboard.in

Ecoboard Industries Ltd manufactures and sells laminated particle boards in India. It has two business divisions: EcoBuild and EcoEnergy. The company's EcoBuild division is engaged in providing particle boards made from agri-residues mainly bagasse which have application in internal walls, internal ceilings, doors, structural flooring, shelves, etc. Its EcoEnergy division is engaged in providing clean energy solutions through wastewater treatment plants for distilleries and other industries. The company's particle boards are marketed under the brand name of Ecoboard. The firm has the following reportable segments; the Eco Energy (Bio Systems) segment which derives maximum revenue, and the Eco Build (Particle Boards) segment.

Ecoboard Industries Headlines

No Headlines