Platinum Industries (BOM:544134) Debt-to-Equity : 0.00 (As of . 20)

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What is Platinum Industries Debt-to-Equity?

Platinum Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was ₹0.00 Mil. Platinum Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was ₹0.00 Mil. Platinum Industries's Total Stockholders Equity for the quarter that ended in . 20 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 Platinum Industries's Debt-to-Equity or its related term are showing as below:

BOM:544134's Debt-to-Equity is not ranked ^*
in the Chemicals industry.
Industry Median: 0.36
* Ranked among companies with meaningful Debt-to-Equity only.

Platinum Industries Debt-to-Equity Historical Data

The historical data trend for Platinum 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.

Platinum Industries Debt-to-Equity Chart

Platinum Industries Annual Data

Trend

Debt-to-Equity

Platinum Industries Semi-Annual Data

Debt-to-Equity

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

For the Specialty Chemicals subindustry, Platinum 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.

Platinum Industries's Debt-to-Equity Distribution in the Chemicals Industry

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

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

Platinum Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Platinum Industries's Debt to Equity Ratio for the fiscal year that ended in . 20 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
	=	(	+	)	/	N/A
	=	N/A

Platinum Industries's Debt to Equity Ratio for the quarter that ended in . 20 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
	=	(	+	)	/
	=	N/A

Platinum Industries (BOM:544134) 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.

Platinum Industries Debt-to-Equity Related Terms

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Platinum Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Platinum Industries Ltd (BOM:544134) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

PLATIND:India

Address

Andheri Kurla Road, Unit No. 841, 4th Floor, Solitaire Corporate Park-8, Andheri East, Mumbai, MH, IND, 400093

Website

https://platinumindustriesltd.com

Platinum Industries Ltd is a multi-product company engaged in the business of manufacturing stabilizers. Its business segment includes PVC stabilizers, CPVC additives, and lubricants. The company operates in the speciality chemicals industry and its products find their application in PVC pipes, PVC profiles, PVC fittings, electrical wires and cables, SPC floor tiles, Rigid PVC foam boards, packaging materials, etc.

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