Treet Battery (KAR:TBL) Debt-to-Equity : 8.05 (As of Mar. 2024)

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What is Treet Battery Debt-to-Equity?

Treet Battery's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₨7,877 Mil. Treet Battery's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₨8 Mil. Treet Battery's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₨979 Mil. Treet Battery's debt to equity for the quarter that ended in Mar. 2024 was 8.05.

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 Treet Battery's Debt-to-Equity or its related term are showing as below:

KAR:TBL' s Debt-to-Equity Range Over the Past 10 Years
Min: 8.05 Med: 8.05 Max: 8.05
Current: 8.05

During the past 0 years, the highest Debt-to-Equity Ratio of Treet Battery was 8.05. The lowest was 8.05. And the median was 8.05.

KAR:TBL's Debt-to-Equity is ranked worse than
99.08% of 2613 companies
in the Industrial Products industry
Industry Median: 0.28 vs KAR:TBL: 8.05

Treet Battery Debt-to-Equity Historical Data

The historical data trend for Treet Battery'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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Treet Battery Debt-to-Equity Chart

Treet Battery Annual Data

Trend

Debt-to-Equity

Treet Battery Quarterly Data
	Mar23	Mar24
Debt-to-Equity	N/A	8.05

Competitive Comparison of Treet Battery's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, Treet Battery'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.

Treet Battery's Debt-to-Equity Distribution in the Industrial Products Industry

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

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

Treet Battery Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Treet Battery'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

Treet Battery'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
	=	(7876.822	+	7.792)	/	979.27
	=	8.05

Treet Battery (KAR:TBL) 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.

Treet Battery Debt-to-Equity Related Terms

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

Treet Battery (KAR:TBL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Treet Battery Ltd (KAR:TBL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

https://www.treetcorp.com

Treet Battery Ltd is a company which carries out business as manufacturers, assemblers, processors, producers, suppliers, sellers, importers, exporters, makers, fabricators and dealers in all batteries including but not limited to lead acid batteries, deep cycle batteries, lithium batteries, nickel cadmimum batteries, nickel metal hydride batteries, absorbed glass mat batteries, Gel batteries used in or required for industrial, transport, commercial and domestic and any other purpose.

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