RR Metalmakers India (BOM:531667) Debt-to-Equity : 2.24 (As of Mar. 2024)

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What is RR Metalmakers India Debt-to-Equity?

RR Metalmakers India's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹131.2 Mil. RR Metalmakers India's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹39.2 Mil. RR Metalmakers India's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹76.1 Mil. RR Metalmakers India's debt to equity for the quarter that ended in Mar. 2024 was 2.24.

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 RR Metalmakers India's Debt-to-Equity or its related term are showing as below:

BOM:531667' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.13 Med: 2.99 Max: 8.02
Current: 2.24

During the past 13 years, the highest Debt-to-Equity Ratio of RR Metalmakers India was 8.02. The lowest was 1.13. And the median was 2.99.

BOM:531667's Debt-to-Equity is ranked worse than
94.92% of 551 companies
in the Steel industry
Industry Median: 0.42 vs BOM:531667: 2.24

RR Metalmakers India Debt-to-Equity Historical Data

The historical data trend for RR Metalmakers 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.

RR Metalmakers India Debt-to-Equity Chart

RR Metalmakers India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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8.02

3.00

2.97

3.29

2.24

RR Metalmakers 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															3.29	N/A	N/A	N/A	2.24

Competitive Comparison of RR Metalmakers India's Debt-to-Equity

For the Steel subindustry, RR Metalmakers 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.

RR Metalmakers India's Debt-to-Equity Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, RR Metalmakers India's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where RR Metalmakers India's Debt-to-Equity falls into.

RR Metalmakers India Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

RR Metalmakers 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
	=	(131.226	+	39.158)	/	76.053
	=	2.24

RR Metalmakers 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
	=	(131.226	+	39.158)	/	76.053
	=	2.24

RR Metalmakers India (BOM:531667) 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.

RR Metalmakers India Debt-to-Equity Related Terms

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RR Metalmakers India (BOM:531667) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » RR Metalmakers India Ltd (BOM:531667) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

N/A

Address

93/95, Kazi Sayed Street, 2nd Floor, Sugar House, Masjid Bunder West, Mumbai, MH, IND, 400 003

Website

https://www.rrmetalmakers.com

RR Metalmakers India Ltd is engaged in the trading business of Steel and Iron Ores segments. It offers ERW PIPES, PPGI COLOUR COILS, PPGI courrgated profile sheets, Galvanised G.P. coils/sheets, Galvanised corrugated sheets, Hot Rolled Steel Coils / Sheets, etc. The company operates in two segments which are the Trade and manufacturing of Iron Ores and Steel. It generates key revenue from Steel and Iron Ores Trading.

RR Metalmakers India (BOM:531667) Headlines

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