Earthstahl & Alloys (BOM:543765) Debt-to-Equity : 0.35 (As of Mar. 2024)

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What is Earthstahl & Alloys Debt-to-Equity?

Earthstahl & Alloys's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹52.7 Mil. Earthstahl & Alloys's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹77.0 Mil. Earthstahl & Alloys's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹369.2 Mil. Earthstahl & Alloys's debt to equity for the quarter that ended in Mar. 2024 was 0.35.

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 Earthstahl & Alloys's Debt-to-Equity or its related term are showing as below:

BOM:543765' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.35 Med: 0.97 Max: 3.47
Current: 0.35

During the past 5 years, the highest Debt-to-Equity Ratio of Earthstahl & Alloys was 3.47. The lowest was 0.35. And the median was 0.97.

BOM:543765's Debt-to-Equity is ranked worse than
56.06% of 2617 companies
in the Industrial Products industry
Industry Median: 0.28 vs BOM:543765: 0.35

Earthstahl & Alloys Debt-to-Equity Historical Data

The historical data trend for Earthstahl & Alloys'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.

Earthstahl & Alloys Debt-to-Equity Chart

Earthstahl & Alloys Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

3.47

1.82

0.97

0.36

0.35

Earthstahl & Alloys Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial			0.97	0.52	0.36	0.40	0.35

Competitive Comparison of Earthstahl & Alloys's Debt-to-Equity

For the Metal Fabrication subindustry, Earthstahl & Alloys'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.

Earthstahl & Alloys's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Earthstahl & Alloys's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Earthstahl & Alloys's Debt-to-Equity falls into.

Earthstahl & Alloys Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Earthstahl & Alloys'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
	=	(52.7	+	77.012)	/	369.164
	=	0.35

Earthstahl & Alloys'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
	=	(52.7	+	77.012)	/	369.164
	=	0.35

Earthstahl & Alloys (BOM:543765) 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.

Earthstahl & Alloys Debt-to-Equity Related Terms

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Earthstahl & Alloys (BOM:543765) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Earthstahl & Alloys Ltd (BOM:543765) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

5B, Mohani Merlin Jayshree Vihar, PandraiTarai, Mandi Gate, Raipur, CT, IND, 492001

Website

https://www.earthstahl.com

Earthstahl & Alloys Ltd principal business is the production of Cast Iron Lumps. In addition, it is also engaged in the production of high-end ductile iron, cast iron, steel, alloys, and nonferrous castings. The company produces various parts of pellet plants, cement plants, sponge iron plants, power plants, Sinter plants, automobiles, railways, Mining, Engineering items, pipes and fittings, Agriculture Equipment and others.

Earthstahl & Alloys (BOM:543765) Headlines

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