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Transpact Enterprises (BOM:542765) Debt-to-Equity : 0.06 (As of Sep. 2023)


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What is Transpact Enterprises Debt-to-Equity?

Transpact Enterprises's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹0.29 Mil. Transpact Enterprises's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹0.00 Mil. Transpact Enterprises's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹4.87 Mil. Transpact Enterprises's debt to equity for the quarter that ended in Sep. 2023 was 0.06.

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 Transpact Enterprises's Debt-to-Equity or its related term are showing as below:

BOM:542765' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06   Med: 0.36   Max: 0.73
Current: 0.06

During the past 8 years, the highest Debt-to-Equity Ratio of Transpact Enterprises was 0.73. The lowest was 0.06. And the median was 0.36.

BOM:542765's Debt-to-Equity is ranked better than
77.43% of 709 companies
in the Medical Devices & Instruments industry
Industry Median: 0.21 vs BOM:542765: 0.06

Transpact Enterprises Debt-to-Equity Historical Data

The historical data trend for Transpact Enterprises'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.

Transpact Enterprises Debt-to-Equity Chart

Transpact Enterprises Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
Get a 7-Day Free Trial 0.73 0.30 0.36 0.49 0.52

Transpact Enterprises Semi-Annual Data
Mar16 Mar17 Mar18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.51 0.49 0.46 0.52 0.06

Competitive Comparison of Transpact Enterprises's Debt-to-Equity

For the Medical Devices subindustry, Transpact Enterprises'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.


Transpact Enterprises's Debt-to-Equity Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Transpact Enterprises's Debt-to-Equity distribution charts can be found below:

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



Transpact Enterprises Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Transpact Enterprises's Debt to Equity Ratio for the quarter that ended in Sep. 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.


Transpact Enterprises  (BOM:542765) 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.


Transpact Enterprises Debt-to-Equity Related Terms

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Transpact Enterprises (BOM:542765) Business Description

Traded in Other Exchanges
N/A
Address
Makwana Road, 204, 2nd Floor, Timmy Arcade, Marol, Andheri East, Mumbai, MH, IND, 400059
Transpact Enterprises Ltd is an Indian company engaged in the manufacture of other medical and dental instruments. It operates only in India.

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