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Hi-Tech Winding Systems (BOM:541627) Debt-to-Equity : N/A (As of Dec. 2023)


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What is Hi-Tech Winding Systems Debt-to-Equity?

Hi-Tech Winding Systems's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.00 Mil. Hi-Tech Winding Systems's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.00 Mil. Hi-Tech Winding Systems's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹0.00 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 Hi-Tech Winding Systems's Debt-to-Equity or its related term are showing as below:

During the past 12 years, the highest Debt-to-Equity Ratio of Hi-Tech Winding Systems was 0.26. The lowest was -0.01. And the median was 0.25.

BOM:541627's Debt-to-Equity is not ranked *
in the Packaging & Containers industry.
Industry Median: 0.45
* Ranked among companies with meaningful Debt-to-Equity only.

Hi-Tech Winding Systems Debt-to-Equity Historical Data

The historical data trend for Hi-Tech Winding Systems'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.

Hi-Tech Winding Systems Debt-to-Equity Chart

Hi-Tech Winding Systems Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.25 - - - -

Hi-Tech Winding Systems Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only - N/A - N/A N/A

Competitive Comparison of Hi-Tech Winding Systems's Debt-to-Equity

For the Packaging & Containers subindustry, Hi-Tech Winding Systems'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.


Hi-Tech Winding Systems's Debt-to-Equity Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Hi-Tech Winding Systems's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Hi-Tech Winding Systems's Debt-to-Equity falls into.



Hi-Tech Winding Systems Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hi-Tech Winding Systems's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Hi-Tech Winding Systems'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.


Hi-Tech Winding Systems  (BOM:541627) 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.


Hi-Tech Winding Systems Debt-to-Equity Related Terms

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


Hi-Tech Winding Systems (BOM:541627) Business Description

Traded in Other Exchanges
N/A
Address
Gujarat College Road, 08/ Gokul Complex, Opoosite Nagri Hospital, Ellisbridge, Ahmedabad, GJ, IND, 380 006
Hi-Tech Winding Systems Ltd operates as a manufacturer, dealer, importer, exporter, stockist, agent, contractor, distributor, buyer, seller, processor, or user of paper cones, tubes, containers, cans, drums, bags, boxes, wrappers, films, sheets, laminates, and packing materials made of paper, color paper, cardboard, corrugated sheet, and pulp.

Hi-Tech Winding Systems (BOM:541627) Headlines

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