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Shyam Century Ferrous (BOM:539252) Debt-to-Equity : 0.02 (As of Sep. 2024)


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What is Shyam Century Ferrous Debt-to-Equity?

Shyam Century Ferrous's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹30 Mil. Shyam Century Ferrous's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹9 Mil. Shyam Century Ferrous's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₹1,635 Mil. Shyam Century Ferrous's debt to equity for the quarter that ended in Sep. 2024 was 0.02.

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 Shyam Century Ferrous's Debt-to-Equity or its related term are showing as below:

BOM:539252' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.03   Max: 0.29
Current: 0.02

During the past 10 years, the highest Debt-to-Equity Ratio of Shyam Century Ferrous was 0.29. The lowest was 0.00. And the median was 0.03.

BOM:539252's Debt-to-Equity is ranked better than
96.22% of 556 companies
in the Steel industry
Industry Median: 0.43 vs BOM:539252: 0.02

Shyam Century Ferrous Debt-to-Equity Historical Data

The historical data trend for Shyam Century Ferrous'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.

Shyam Century Ferrous Debt-to-Equity Chart

Shyam Century Ferrous 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 0.02 0.04 0.01 0.02 0.02

Shyam Century Ferrous 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 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 0.03 N/A 0.02 N/A 0.02

Competitive Comparison of Shyam Century Ferrous's Debt-to-Equity

For the Steel subindustry, Shyam Century Ferrous'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.


Shyam Century Ferrous's Debt-to-Equity Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Shyam Century Ferrous's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Shyam Century Ferrous's Debt-to-Equity falls into.



Shyam Century Ferrous Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shyam Century Ferrous's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Shyam Century Ferrous's Debt to Equity Ratio for the quarter that ended in Sep. 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.


Shyam Century Ferrous  (BOM:539252) 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.


Shyam Century Ferrous Debt-to-Equity Related Terms

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Shyam Century Ferrous Business Description

Traded in Other Exchanges
Address
Taratala Main Road, P-15/1, 2nd Floor, Century House, CPT Colony, Taratala, Kolkata, WB, IND, 700088
Shyam Century Ferrous Ltd is involved in the steel business sector. The company is engaged in the manufacture and sale of Ferro Alloys and the generation of Power. The manufacturing unit is located at Byrnihat, Meghalaya. The company is selling its product across India. Ferro-silicon is one of the prime raw ingredients of Stainless steel and small quantities in Mild Steel i.e. MS steel. The company only caters to the Indian market.

Shyam Century Ferrous Headlines

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