Talbros Engineering (BOM:538987) Debt-to-Equity : 0.83 (As of Mar. 2024)

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What is Talbros Engineering Debt-to-Equity?

Talbros Engineering's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹542 Mil. Talbros Engineering's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹583 Mil. Talbros Engineering's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹1,356 Mil. Talbros Engineering's debt to equity for the quarter that ended in Mar. 2024 was 0.83.

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 Talbros Engineering's Debt-to-Equity or its related term are showing as below:

BOM:538987' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.39 Med: 0.94 Max: 1.41
Current: 0.83

During the past 11 years, the highest Debt-to-Equity Ratio of Talbros Engineering was 1.41. The lowest was 0.39. And the median was 0.94.

BOM:538987's Debt-to-Equity is ranked worse than
68.03% of 1176 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs BOM:538987: 0.83

Talbros Engineering Debt-to-Equity Historical Data

The historical data trend for Talbros Engineering'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.

Talbros Engineering Debt-to-Equity Chart

Talbros Engineering Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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1.14

1.06

0.85

0.83

Talbros Engineering 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															0.85	N/A	0.82	N/A	0.83

Competitive Comparison of Talbros Engineering's Debt-to-Equity

For the Auto Parts subindustry, Talbros Engineering'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.

Talbros Engineering's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Talbros Engineering's Debt-to-Equity distribution charts can be found below:

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

Talbros Engineering Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Talbros Engineering'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
	=	(542.241	+	583.082)	/	1355.609
	=	0.83

Talbros Engineering'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
	=	(542.241	+	583.082)	/	1355.609
	=	0.83

Talbros Engineering (BOM:538987) 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.

Talbros Engineering Debt-to-Equity Related Terms

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Talbros Engineering (BOM:538987) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Talbros Engineering Ltd (BOM:538987) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot No. 74-75-76, Sector 6, Faridabad, HR, IND, 121 006

Website

https://www.talbrosaxles.com

Talbros Engineering Ltd is engaged in manufacturing of Rear Axle Shafts for the automobile companies in India and foreign markets. The company operates in only one Segment namely Automobile Components. It offers Rear axle shafts and Front axle shafts. Its manufacturing facilities include forging and induction hardening. The group sells its products in India and also exports it to other countries. It derives a majority of revenue from India.

Talbros Engineering (BOM:538987) Headlines

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