TIPS Industries (BOM:532375) Debt-to-Equity : 0.03 (As of Mar. 2024)

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What is TIPS Industries Debt-to-Equity?

TIPS Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹14 Mil. TIPS Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹36 Mil. TIPS Industries's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹1,795 Mil. TIPS Industries's debt to equity for the quarter that ended in Mar. 2024 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 TIPS Industries's Debt-to-Equity or its related term are showing as below:

BOM:532375' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.12 Max: 1.28
Current: 0.03

During the past 13 years, the highest Debt-to-Equity Ratio of TIPS Industries was 1.28. The lowest was 0.02. And the median was 0.12.

BOM:532375's Debt-to-Equity is ranked better than
88.38% of 835 companies
in the Media - Diversified industry
Industry Median: 0.28 vs BOM:532375: 0.03

TIPS Industries Debt-to-Equity Historical Data

The historical data trend for TIPS 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.

TIPS Industries Debt-to-Equity Chart

TIPS Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.02

0.04

0.03

TIPS 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															0.03	N/A	0.02	N/A	0.03

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

For the Entertainment subindustry, TIPS 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.

TIPS Industries's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, TIPS Industries's Debt-to-Equity distribution charts can be found below:

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

TIPS Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

TIPS 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
	=	(13.593	+	36.469)	/	1794.989
	=	0.03

TIPS 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
	=	(13.593	+	36.469)	/	1794.989
	=	0.03

TIPS Industries (BOM:532375) 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.

TIPS Industries Debt-to-Equity Related Terms

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

TIPS Industries (BOM:532375) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » TIPS Industries Ltd (BOM:532375) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

TIPSINDLTD:India

Address

Linking Road and Main Avenue, 2nd Floor, Raheja Chambers, Santacruz(West), Mumbai, MH, IND, 400 054

Website

https://www.tips.in

TIPS Industries Ltd operates in the media and entertainment industry. The principal business activities of the company include the production and distribution of cinematographic films and the exploitation of its content on various platforms. The company has structured its operations into the following business segments, Music (Audio/ Video); and Film Productions/Distribution. The majority of its revenue is derived from the Music (Audio/ Video) segment.

TIPS Industries (BOM:532375) Headlines

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