Cybele Industries (BOM:531472) Debt-to-Equity : 0.32 (As of Mar. 2024)

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What is Cybele Industries Debt-to-Equity?

Cybele Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹117.0 Mil. Cybele Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹70.1 Mil. Cybele Industries's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹593.9 Mil. Cybele Industries's debt to equity for the quarter that ended in Mar. 2024 was 0.31.

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

BOM:531472' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 0.16 Max: 0.59
Current: 0.32

During the past 13 years, the highest Debt-to-Equity Ratio of Cybele Industries was 0.59. The lowest was 0.07. And the median was 0.16.

BOM:531472's Debt-to-Equity is ranked worse than
53.13% of 2624 companies
in the Industrial Products industry
Industry Median: 0.285 vs BOM:531472: 0.32

Cybele Industries Debt-to-Equity Historical Data

The historical data trend for Cybele 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.

Cybele Industries Debt-to-Equity Chart

Cybele Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.17

0.37

0.48

0.59

0.32

Cybele Industries 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															0.59	N/A	0.67	N/A	0.32

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

For the Electrical Equipment & Parts subindustry, Cybele 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.

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

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

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

Cybele Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cybele 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
	=	(116.976	+	70.096)	/	593.947
	=	0.31

Cybele Industries'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
	=	(116.976	+	70.096)	/	593.947
	=	0.31

Cybele Industries (BOM:531472) 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.

Cybele Industries Debt-to-Equity Related Terms

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

Cybele Industries (BOM:531472) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Cybele Industries Ltd (BOM:531472) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

No.138, SIDCO Industrial Estate, Ambattur, Chennai, TN, IND, 600098

Website

https://www.cybele.co.in

Cybele Industries Ltd is an India-based company engaged in the business of manufacturing cables and wires. In addition, it is also involved in real estate activities. The company operate in two segments namely. Cables and wires and property development. It derives maximum revenue from the manufacturing cables and wires business activity. The product portfolio of the organization includes automotive cables, battery cables, building cables, control cables, flexible cables and submersible cables.

Cybele Industries (BOM:531472) Headlines

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