Shakti Pumps (India) (BOM:531431) Debt-to-Equity : 0.11 (As of Mar. 2024)

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What is Shakti Pumps (India) Debt-to-Equity?

Shakti Pumps (India)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹832 Mil. Shakti Pumps (India)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹16 Mil. Shakti Pumps (India)'s Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹7,557 Mil. Shakti Pumps (India)'s debt to equity for the quarter that ended in Mar. 2024 was 0.11.

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 Shakti Pumps (India)'s Debt-to-Equity or its related term are showing as below:

BOM:531431' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11 Med: 0.41 Max: 0.73
Current: 0.11

During the past 13 years, the highest Debt-to-Equity Ratio of Shakti Pumps (India) was 0.73. The lowest was 0.11. And the median was 0.41.

BOM:531431's Debt-to-Equity is ranked better than
73.38% of 2622 companies
in the Industrial Products industry
Industry Median: 0.29 vs BOM:531431: 0.11

Shakti Pumps (India) Debt-to-Equity Historical Data

The historical data trend for Shakti Pumps (India)'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.

Shakti Pumps (India) Debt-to-Equity Chart

Shakti Pumps (India) Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.73

0.23

0.27

0.18

0.11

Shakti Pumps (India) Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.18	N/A	0.33	N/A	0.11

Competitive Comparison of Shakti Pumps (India)'s Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Shakti Pumps (India)'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.

Shakti Pumps (India)'s Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shakti Pumps (India)'s Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Shakti Pumps (India)'s Debt-to-Equity falls into.

Shakti Pumps (India) Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shakti Pumps (India)'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
	=	(831.837	+	16.444)	/	7556.942
	=	0.11

Shakti Pumps (India)'s Debt to Equity Ratio for the quarter 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
	=	(831.837	+	16.444)	/	7556.942
	=	0.11

Shakti Pumps (India) (BOM:531431) 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.

Shakti Pumps (India) Debt-to-Equity Related Terms

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Shakti Pumps (India) (BOM:531431) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shakti Pumps (India) Ltd (BOM:531431) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

SHAKTIPUMP:India

Address

Plot Number 401, 402 and 413, Industrial Area, Sector - III, District Dhar, Pithampur, MP, IND, 454774

Website

https://www.shaktipumps.com

Shakti Pumps (India) Ltd is an Indian based company involved in the manufacturing business sector. The company manufactures pumps and motors. The firm offers various product variants that find application in groundwater supply, irrigation, pressure boosting, industrial applications, fire-fighting systems, and pumping applications for domestic and hospitality sectors. Its divisions are Government Solar, OEM, Exports, and Domestic and Industrials. Geographically, it derives a majority of revenue from India.

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