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Richa Industries (BOM:532766) Debt-to-Equity : -1.41 (As of Mar. 2023)


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What is Richa Industries Debt-to-Equity?

Richa Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹3,060.4 Mil. Richa Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹1,099.2 Mil. Richa Industries's Total Stockholders Equity for the quarter that ended in Mar. 2023 was ₹-2,956.6 Mil. Richa Industries's debt to equity for the quarter that ended in Mar. 2023 was -1.41.

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

BOM:532766's Debt-to-Equity is not ranked *
in the Construction industry.
Industry Median: 0.43
* Ranked among companies with meaningful Debt-to-Equity only.

Richa Industries Debt-to-Equity Historical Data

The historical data trend for Richa 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.

Richa Industries Debt-to-Equity Chart

Richa Industries Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar22 Mar23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.59 -1.81 -1.54 -1.45 -1.41

Richa Industries Semi-Annual Data
Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar22 Mar23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.59 -1.81 -1.54 -1.45 -1.41

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

For the Engineering & Construction subindustry, Richa 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.


Richa Industries's Debt-to-Equity Distribution in the Construction Industry

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

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


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Richa Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Richa Industries's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Richa Industries's Debt to Equity Ratio for the quarter that ended in Mar. 2023 is calculated as

* 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.


Richa Industries  (BOM:532766) 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.


Richa Industries Debt-to-Equity Related Terms

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Richa Industries Business Description

Traded in Other Exchanges
N/A
Address
DLF Industrial Area, Plot Number 29, Phase-II, Faridabad, HR, IND, 121003
Richa Industries Ltd is a manufacturing company that operates in the pre-engineered building; engineering, procurement, & construction (EPC); and textile sectors. The company has two division : Textiles and Construction & Engineering Division. The engineering division includes the product group, such as prefabricated steel buildings in complete knock-down (CKD) condition, tubular steel poles, structure & superstructure for mining, drop rods, angles, shapes, and sections.

Richa Industries Headlines

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