RHI Magnesita India (BOM:534076) Debt-to-Equity : 0.12 (As of Sep. 2024)

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What is RHI Magnesita India Debt-to-Equity?

RHI Magnesita India's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹992 Mil. RHI Magnesita India's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹3,541 Mil. RHI Magnesita India's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₹39,129 Mil. RHI Magnesita India's debt to equity for the quarter that ended in Sep. 2024 was 0.12.

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

BOM:534076' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.08 Max: 0.55
Current: 0.12

During the past 13 years, the highest Debt-to-Equity Ratio of RHI Magnesita India was 0.55. The lowest was 0.00. And the median was 0.08.

BOM:534076's Debt-to-Equity is ranked better than
71.04% of 2617 companies
in the Industrial Products industry
Industry Median: 0.29 vs BOM:534076: 0.12

RHI Magnesita India Debt-to-Equity Historical Data

The historical data trend for RHI Magnesita India'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.

RHI Magnesita India Debt-to-Equity Chart

RHI Magnesita India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.10

0.08

0.06

0.55

0.13

RHI Magnesita India Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.13	N/A	0.13	N/A	0.12

Competitive Comparison of RHI Magnesita India's Debt-to-Equity

For the Metal Fabrication subindustry, RHI Magnesita India'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.

RHI Magnesita India's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, RHI Magnesita India's Debt-to-Equity distribution charts can be found below:

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

RHI Magnesita India Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

RHI Magnesita India'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
	=	(1346.686	+	3519.878)	/	38457.208
	=	0.13

RHI Magnesita India's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(991.755	+	3540.928)	/	39128.529
	=	0.12

RHI Magnesita India (BOM:534076) 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.

RHI Magnesita India Debt-to-Equity Related Terms

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

RHI Magnesita India Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » RHI Magnesita India Ltd (BOM:534076) » Definitions » Debt-to-Equity

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RHIM:India

Address

EMAAR Digital Greens Golf Course Road Extension, 301, Tower B, Sector 61, Gurugram, HR, IND, 122011

Website

https://www.rhimagnesitaindia.com

RHI Magnesita India Ltd is engaged in the business of manufacturing and trading refractories, monolithics, bricks, and ceramic paper, and rendering management services. Its product offerings include isostatically pressed continuous casting refractories, slide gate plates, nozzles and well blocks, tundish nozzles, bottom purging refractories and top purging lances, slag arresting darts, basic spray mass for tundish working lining, and castables. The company's products are used in steel, cement and lime, non-ferrous metals, glass, and other industries. It operates in the Indian and international markets, of which a majority of its revenue is generated within India.

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