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Tijaria Polypipes (BOM:533629) Debt-to-Equity : -2.67 (As of Mar. 2024)


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What is Tijaria Polypipes Debt-to-Equity?

Tijaria Polypipes's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹69.39 Mil. Tijaria Polypipes's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹654.63 Mil. Tijaria Polypipes's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹-270.72 Mil. Tijaria Polypipes's debt to equity for the quarter that ended in Mar. 2024 was -2.67.

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 Tijaria Polypipes's Debt-to-Equity or its related term are showing as below:

BOM:533629' s Debt-to-Equity Range Over the Past 10 Years
Min: -4.7   Med: 1.6   Max: 9.46
Current: -2.67

During the past 13 years, the highest Debt-to-Equity Ratio of Tijaria Polypipes was 9.46. The lowest was -4.70. And the median was 1.60.

BOM:533629's Debt-to-Equity is not ranked
in the Construction industry.
Industry Median: 0.44 vs BOM:533629: -2.67

Tijaria Polypipes Debt-to-Equity Historical Data

The historical data trend for Tijaria Polypipes'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.

Tijaria Polypipes Debt-to-Equity Chart

Tijaria Polypipes 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 2.43 9.46 -4.70 -3.16 -2.67

Tijaria Polypipes 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 -3.16 -3.05 -2.97 -2.90 -2.67

Competitive Comparison of Tijaria Polypipes's Debt-to-Equity

For the Building Products & Equipment subindustry, Tijaria Polypipes'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.


Tijaria Polypipes's Debt-to-Equity Distribution in the Construction Industry

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

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



Tijaria Polypipes Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Tijaria Polypipes'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.


Tijaria Polypipes  (BOM:533629) 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.


Tijaria Polypipes Debt-to-Equity Related Terms

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


Tijaria Polypipes (BOM:533629) Business Description

Traded in Other Exchanges
Address
SP-1-2316, RIICO Industrial Area, Ramchandrapura, Sitapura Extension, Jaipur, RJ, IND, 302022
Tijaria Polypipes Ltd manufactures HDPE Pipes, PLB HDPE Duct, MDPE Pipes, DWC HDPE Pipes, uPVC Pipes, PVC-U Pipes, Mink Blankets, partially oriented yarn, and draw textured yarn, surgical masks, N-95 Mask under the registered brand name of Tijaria and Vikas. The company operates in two segments Pipes and Textiles. The company produces a product range in the field of plastics, HDPE Pipes for Electrical, Water and Sewerage, PVC-U and DWC HDPE Pipes for Sewerage, uPVC Pipes for Water, PLB HDPE Ducts for telecommunications, HDPE Sprinkler Irrigation Systems, MDPE Pipes for Water Supply etc. The majority of its revenue is generated from the pipes segment.

Tijaria Polypipes (BOM:533629) Headlines

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