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Jupiter Wagons (BOM:533272) Debt-to-Equity : 0.22 (As of Mar. 2024)


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What is Jupiter Wagons Debt-to-Equity?

Jupiter Wagons's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹3,305 Mil. Jupiter Wagons's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹185 Mil. Jupiter Wagons's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹16,162 Mil. Jupiter Wagons's debt to equity for the quarter that ended in Mar. 2024 was 0.22.

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 Jupiter Wagons's Debt-to-Equity or its related term are showing as below:

BOM:533272' s Debt-to-Equity Range Over the Past 10 Years
Min: -5.37   Med: 0.29   Max: 28.3
Current: 0.22

During the past 13 years, the highest Debt-to-Equity Ratio of Jupiter Wagons was 28.30. The lowest was -5.37. And the median was 0.29.

BOM:533272's Debt-to-Equity is ranked better than
75.85% of 882 companies
in the Transportation industry
Industry Median: 0.55 vs BOM:533272: 0.22

Jupiter Wagons Debt-to-Equity Historical Data

The historical data trend for Jupiter Wagons'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.

Jupiter Wagons Debt-to-Equity Chart

Jupiter Wagons Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.53 0.22 0.20 0.36 0.22

Jupiter Wagons 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.36 N/A 0.36 N/A 0.22

Competitive Comparison of Jupiter Wagons's Debt-to-Equity

For the Railroads subindustry, Jupiter Wagons'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.


Jupiter Wagons's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Jupiter Wagons's Debt-to-Equity distribution charts can be found below:

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



Jupiter Wagons Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Jupiter Wagons's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Jupiter Wagons's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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.


Jupiter Wagons  (BOM:533272) 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.


Jupiter Wagons Debt-to-Equity Related Terms

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


Jupiter Wagons (BOM:533272) Business Description

Traded in Other Exchanges
Address
4/2. Middleton Street, Kolkata, WB, IND, 700071
Jupiter Wagons Ltd is a manufacturer of railway wagons, passenger coaches, wagon components and castings in India and is counted among the respected manufacturers of advanced railway transportation equipment across the world.

Jupiter Wagons (BOM:533272) Headlines

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