BMW Industries (BOM:542669) Debt-to-Equity : 0.16 (As of Mar. 2024)

View and export this data going back to 2019. Start your Free Trial

What is BMW Industries Debt-to-Equity?

BMW Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹439 Mil. BMW Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹617 Mil. BMW Industries's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹6,612 Mil. BMW Industries's debt to equity for the quarter that ended in Mar. 2024 was 0.16.

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 BMW Industries's Debt-to-Equity or its related term are showing as below:

BOM:542669' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.16 Med: 0.55 Max: 1.14
Current: 0.16

During the past 13 years, the highest Debt-to-Equity Ratio of BMW Industries was 1.14. The lowest was 0.16. And the median was 0.55.

BOM:542669's Debt-to-Equity is ranked better than
76.13% of 553 companies
in the Steel industry
Industry Median: 0.4 vs BOM:542669: 0.16

BMW Industries Debt-to-Equity Historical Data

The historical data trend for BMW Industries'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.

BMW Industries Debt-to-Equity Chart

BMW Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

Get a 7-Day Free Trial

0.46

0.54

0.46

0.39

0.16

BMW Industries 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															0.39	N/A	0.29	N/A	0.16

Competitive Comparison of BMW Industries's Debt-to-Equity

For the Steel subindustry, BMW Industries'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.

BMW Industries's Debt-to-Equity Distribution in the Steel Industry

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

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

BMW Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

BMW Industries'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
	=	(438.726	+	617.366)	/	6611.885
	=	0.16

BMW Industries'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
	=	(438.726	+	617.366)	/	6611.885
	=	0.16

BMW Industries (BOM:542669) 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.

BMW Industries Debt-to-Equity Related Terms

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

BMW Industries (BOM:542669) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » BMW Industries Ltd (BOM:542669) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

119, Park Street, White House, 3rd Floor, Kolkata, WB, IND, 700016

Website

https://www.bmwil.co.in

BMW Industries Ltd is an Indian company involved in steel manufacturing and processing activity. It manufactures two types of products, Long products such as towers, structures, and TMT, and Flat products like pipes, galvanised plain, and galvanised corrugated. The company is engaged in the galvanizing of tubes in addition to the manufacture of tubular poles/structures, transmission line towers, and rebars. Its product portfolio covers Rebars, HR sheets, slit coils, pipes, and poles, Bansal TMT, Bansal pipes, Full hard cold rolled coils, TMT rolling, and others. The company generates the majority of its revenue from the domestic market.

BMW Industries (BOM:542669) Headlines

No Headlines