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Gabriel Pet Straps (BOM:544108) Debt-to-Equity : 0.27 (As of Mar. 2024)


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What is Gabriel Pet Straps Debt-to-Equity?

Gabriel Pet Straps's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹5.5 Mil. Gabriel Pet Straps's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹23.4 Mil. Gabriel Pet Straps's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹105.7 Mil. Gabriel Pet Straps's debt to equity for the quarter that ended in Mar. 2024 was 0.27.

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 Gabriel Pet Straps's Debt-to-Equity or its related term are showing as below:

BOM:544108' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.27   Med: 1.19   Max: 1.49
Current: 0.27

During the past 4 years, the highest Debt-to-Equity Ratio of Gabriel Pet Straps was 1.49. The lowest was 0.27. And the median was 1.19.

BOM:544108's Debt-to-Equity is ranked better than
52.1% of 2624 companies
in the Industrial Products industry
Industry Median: 0.285 vs BOM:544108: 0.27

Gabriel Pet Straps Debt-to-Equity Historical Data

The historical data trend for Gabriel Pet Straps'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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Gabriel Pet Straps Debt-to-Equity Chart

Gabriel Pet Straps Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Debt-to-Equity
- 1.49 1.19 0.27

Gabriel Pet Straps Semi-Annual Data
Mar21 Mar22 Mar23 Mar24
Debt-to-Equity - 1.49 1.19 0.27

Competitive Comparison of Gabriel Pet Straps's Debt-to-Equity

For the Tools & Accessories subindustry, Gabriel Pet Straps'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.

Gabriel Pet Straps's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Gabriel Pet Straps's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Gabriel Pet Straps's Debt-to-Equity falls into.


Gabriel Pet Straps Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Gabriel Pet Straps'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
=(5.507 + 23.414) / 105.706
=0.27

Gabriel Pet Straps'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
=(5.507 + 23.414) / 105.706
=0.27

* 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.

Gabriel Pet Straps  (BOM:544108) 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.

Gabriel Pet Straps Debt-to-Equity Related Terms

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Gabriel Pet Straps (BOM:544108) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Gabriel Pet Straps Ltd (BOM:544108) » Definitions » Debt-to-Equity
Comparable Companies
Traded in Other Exchanges
N/A
Address
Website
https://www.gabrielpetstraps.com
Gabriel Pet Straps Ltd is is engaged in the manufacturing and selling of Pet Straps under brand name of "Gabriel" widely used in packaging of heavy materials. It produce Pet Strap from 9mm to 32mm width and thickness ranging from 0.70mm to 1.30mm. It also offers customised bulk packaging solutions to different industries such as Cotton Bales, Fiber, Packaging, Paper, Waste Cloth etc.

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