Lippi Systems (BOM:526604) Debt-to-Equity : 0.03 (As of Dec. 2023)

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What is Lippi Systems Debt-to-Equity?

Lippi Systems's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹6.17 Mil. Lippi Systems's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.00 Mil. Lippi Systems's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹221.23 Mil. Lippi Systems's debt to equity for the quarter that ended in Dec. 2023 was 0.03.

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 Lippi Systems's Debt-to-Equity or its related term are showing as below:

BOM:526604' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.33 Max: 0.75
Current: 0.03

During the past 13 years, the highest Debt-to-Equity Ratio of Lippi Systems was 0.75. The lowest was 0.01. And the median was 0.33.

BOM:526604's Debt-to-Equity is ranked better than
89.88% of 2629 companies
in the Industrial Products industry
Industry Median: 0.29 vs BOM:526604: 0.03

Lippi Systems Debt-to-Equity Historical Data

The historical data trend for Lippi Systems'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.

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Lippi Systems Debt-to-Equity Chart

Lippi Systems Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

Get a 7-Day Free Trial

0.29

0.26

0.28

0.02

0.01

Lippi Systems Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															N/A	0.01	N/A	0.03	0.03

Competitive Comparison of Lippi Systems's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Lippi Systems'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.

Lippi Systems's Debt-to-Equity Distribution in the Industrial Products Industry

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

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

Lippi Systems Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Lippi Systems's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 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
	=	(1.678	+	0)	/	227.298
	=	0.01

Lippi Systems's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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
	=	(6.171	+	0)	/	221.234
	=	0.03

Lippi Systems (BOM:526604) 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.

Lippi Systems Debt-to-Equity Related Terms

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

Lippi Systems (BOM:526604) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Lippi Systems Ltd (BOM:526604) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

132ft Ring Road, Satellite, 3rd Floor, Satya Complex, Opposite IOC Petrol Pump, Near Ashwamegh-IV, Ahmedabad, GJ, IND, 380015

Website

https://www.lippisystems.com

Lippi Systems Ltd is engaged in the manufacture of rotogravure cylinders by digital engraving process in India. The company has two business segments namely Manufacturing of Engraved Cylinders and Power Generation through Windmills. Its products are used in rotogravure printing, anilox rollers for flexo, adhesive coating, and decorative printing. The company generates maximum revenue from the Power Generation through the Windmill segment.

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