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Goyal Aluminiums (BOM:541152) Debt-to-Equity : N/A (As of Dec. 2023)


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What is Goyal Aluminiums Debt-to-Equity?

Goyal Aluminiums's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.0 Mil. Goyal Aluminiums's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.0 Mil. Goyal Aluminiums's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹0.0 Mil.

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 Goyal Aluminiums's Debt-to-Equity or its related term are showing as below:

BOM:541152' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04   Med: 0.07   Max: 0.18
Current: 0.08

During the past 7 years, the highest Debt-to-Equity Ratio of Goyal Aluminiums was 0.18. The lowest was 0.04. And the median was 0.07.

BOM:541152's Debt-to-Equity is ranked better than
58.24% of 1305 companies
in the Metals & Mining industry
Industry Median: 0.13 vs BOM:541152: 0.08

Goyal Aluminiums Debt-to-Equity Historical Data

The historical data trend for Goyal Aluminiums'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.

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Goyal Aluminiums Debt-to-Equity Chart

Goyal Aluminiums Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
Get a 7-Day Free Trial - 0.05 0.04 0.15 0.08

Goyal Aluminiums Quarterly Data
Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Dec22 Mar23 Jun23 Dec23
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 0.18 N/A 0.08 N/A N/A

Competitive Comparison of Goyal Aluminiums's Debt-to-Equity

For the Aluminum subindustry, Goyal Aluminiums'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.


Goyal Aluminiums's Debt-to-Equity Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Goyal Aluminiums's Debt-to-Equity distribution charts can be found below:

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



Goyal Aluminiums Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Goyal Aluminiums's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Goyal Aluminiums's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Goyal Aluminiums  (BOM:541152) 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.


Goyal Aluminiums Debt-to-Equity Related Terms

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Goyal Aluminiums (BOM:541152) Business Description

Traded in Other Exchanges
Address
Chuna Mandi, 2814/6 Ground Floor, Paharganj, New Delhi, IND, 110055
Goyal Aluminiums Ltd is engaged in trading Aluminium Sheets, Aluminium Coils, Aluminium Sections, Glass, Fabric, and Printing Machines.

Goyal Aluminiums (BOM:541152) Headlines

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