India Nippon Electricals (BOM:532240) Debt-to-Equity : 0.01 (As of Mar. 2024)

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

What is India Nippon Electricals Debt-to-Equity?

India Nippon Electricals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹8 Mil. India Nippon Electricals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹21 Mil. India Nippon Electricals's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹6,233 Mil. India Nippon Electricals's debt to equity for the quarter that ended in Mar. 2024 was 0.00.

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

BOM:532240' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.01 Max: 0.01
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of India Nippon Electricals was 0.01. The lowest was 0.01. And the median was 0.01.

BOM:532240's Debt-to-Equity is ranked better than
99.91% of 1174 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs BOM:532240: 0.01

India Nippon Electricals Debt-to-Equity Historical Data

The historical data trend for India Nippon Electricals'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.

India Nippon Electricals Debt-to-Equity Chart

India Nippon Electricals Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

Get a 7-Day Free Trial

0.01

India Nippon Electricals 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															0.01	N/A	0.01	N/A	0.01

Competitive Comparison of India Nippon Electricals's Debt-to-Equity

For the Auto Parts subindustry, India Nippon Electricals'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.

India Nippon Electricals's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, India Nippon Electricals's Debt-to-Equity distribution charts can be found below:

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

India Nippon Electricals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

India Nippon Electricals'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
	=	(8.2	+	21.2)	/	6232.5
	=	0.00

India Nippon Electricals'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
	=	(8.2	+	21.2)	/	6232.5
	=	0.00

India Nippon Electricals (BOM:532240) 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.

India Nippon Electricals Debt-to-Equity Related Terms

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

India Nippon Electricals (BOM:532240) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » India Nippon Electricals Ltd (BOM:532240) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

INDNIPPON:India

Address

No. 11 and 13, (Old No. 6 and 7) Patullos Road, Chennai, TN, IND, 600002

Website

https://www.indianippon.com

India Nippon Electricals Ltd is an India based company, engages in the business of manufacturing electronic ignition systems for two-wheelers, three-wheelers, and portable engines. The company offers AC generator products, such as flywheel magneto, stator, and rotor products, as well as CDI and TCI products, regulator and rectifier units, ignition coils, exhaust gas recirculation controllers, engine controller units, auto choke-generation purpose engines, dual output ignition products, non-contact and contact type throttle position sensors, and PM alternators. Geographically, it derives a majority of revenue from India.

India Nippon Electricals (BOM:532240) Headlines

No Headlines