Inflame Appliances (BOM:541083) Debt-to-Equity : 0.68 (As of Sep. 2024)

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What is Inflame Appliances Debt-to-Equity?

Inflame Appliances's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹179 Mil. Inflame Appliances's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹147 Mil. Inflame Appliances's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₹478 Mil. Inflame Appliances's debt to equity for the quarter that ended in Sep. 2024 was 0.68.

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 Inflame Appliances's Debt-to-Equity or its related term are showing as below:

BOM:541083' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.76 Max: 4.49
Current: 0.68

During the past 12 years, the highest Debt-to-Equity Ratio of Inflame Appliances was 4.49. The lowest was 0.05. And the median was 0.76.

BOM:541083's Debt-to-Equity is ranked worse than
74.68% of 387 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.35 vs BOM:541083: 0.68

Inflame Appliances Debt-to-Equity Historical Data

The historical data trend for Inflame Appliances'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.

Inflame Appliances Debt-to-Equity Chart

Inflame Appliances Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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1.27

4.49

0.95

0.66

0.81

Inflame Appliances Semi-Annual Data
	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial														0.60	0.66	0.76	0.81	0.68

Competitive Comparison of Inflame Appliances's Debt-to-Equity

For the Furnishings, Fixtures & Appliances subindustry, Inflame Appliances'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.

Inflame Appliances's Debt-to-Equity Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Inflame Appliances's Debt-to-Equity distribution charts can be found below:

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

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Inflame Appliances Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Inflame Appliances'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
	=	(226.517	+	156.091)	/	469.836
	=	0.81

Inflame Appliances'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
	=	(179.213	+	146.548)	/	477.965
	=	0.68

Inflame Appliances (BOM:541083) 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.

Inflame Appliances Debt-to-Equity Related Terms

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Inflame Appliances Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Inflame Appliances Ltd (BOM:541083) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Khasra No. 40/14-15-16-17/1, National Highyway-73, Block - Raipur Rani, Village Bagwali, Panchkula, HR, IND, 134205

Website

https://www.inflameindia.com

Inflame Appliances Ltd is engaged in manufacturing of LPG gas stove/ cooktops in various range like the gas stove in sheet metal, gas stove with toughed glass with a range of 4 burners/ 3 burners/ 2 burners and sheet metal components for captive consumption in the state of Himachal Pradesh, India. The company's products include Cooker Hoods, Built-in-Hobs, and others.

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