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Classic Electrodes (India)NSE:CLASSICEIL -4.92%15 Debt-to-Equity is 0.21 as of Mar. 2026, which is 88% below its 10-year median of 1.70. GuruFocus rates NSE:CLASSICEIL with a GF Score™ of 15/100. Among 2,675 Industrial Products companies, Classic Electrodes (India) ranks better than 58.73% on this metric.
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 Classic Electrodes (India)'s Debt-to-Equity or its related term are showing as below:
NSE:CLASSICEIL'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.21 Med: 1.7 Max: 2.05
Current: 0.21
During the past 5 years, the highest Debt-to-Equity Ratio of Classic Electrodes (India) was 2.05. The lowest was 0.21. And the median was 1.70.
NSE:CLASSICEIL's Debt-to-Equity is ranked better than 58.73% of 2675
companies
in the Industrial Products industry
Industry Median: 0.28
vs NSE:CLASSICEIL: 0.21
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.
Classic Electrodes (India) Debt-to-Equity Related Terms
Classic Electrodes (India) Debt-to-Equity Historical Data
* 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.
NSE:CLASSICEIL vs VRT, BE: Debt-to-Equity Comparison
For the Electrical Equipment & Parts subindustry, Classic Electrodes (India)'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.
Classic Electrodes (India) Debt-to-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Classic Electrodes (India)'s Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Classic Electrodes (India)'s Debt-to-Equity falls into.
* 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.
Classic Electrodes (India) (NSE:CLASSICEIL) has a Debt-to-Equity of 0.21 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Classic Electrodes (India) and its competitors. This is 88% below median its historical median of 1.70. Over the past decade, Classic Electrodes (India)'s Debt-to-Equity has ranged from 0.21 to 2.05. According to the industry distribution chart, Classic Electrodes (India) ranks #1104 out of 2675 companies in the Industrial Products industry, placing it in the top 41.3%.
Is Classic Electrodes (India)'s Debt-to-Equity too high?
Classic Electrodes (India)'s current Debt-to-Equity of 0.21 is 88% below median its 10-year median of 1.70. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 2.05. The Industrial Products industry median Debt-to-Equity is 0.28. Classic Electrodes (India)'s value of 0.21 is 25% below this industry median. Based on the distribution chart, Classic Electrodes (India) ranks #1104 out of 2675 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Classic Electrodes (India) has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Classic Electrodes (India)'s Debt-to-Equity compare to VRT and BE?
According to the Industrial Products industry distribution chart, Classic Electrodes (India) ranks #1104 out of 2675 companies for Debt-to-Equity. This puts Classic Electrodes (India) in the upper half of its industry. The industry median Debt-to-Equity is 0.28. Classic Electrodes (India)'s value of 0.21 is 25% below this benchmark. Historically, Classic Electrodes (India)'s own Debt-to-Equity has ranged from 0.21 to 2.05 over the past decade. While the company's 10-year median is 1.70 vs. the industry median of 0.28, Classic Electrodes (India) has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Industrial Products company?
The median Debt-to-Equity among Industrial Products companies is 0.28, based on 2,675 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Classic Electrodes (India)'s current Debt-to-Equity of 0.21 is 25% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Classic Electrodes (India) and its competitors. For the Industrial Products industry, the median Debt-to-Equity is 0.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Classic Electrodes (India)'s current Debt-to-Equity is 0.21, which is 88% below median its own 10-year median of 1.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Classic Electrodes (India) stock overvalued right now?
Classic Electrodes (India) (NSE:CLASSICEIL) has a current Debt-to-Equity of 0.21. The current Debt-to-Equity is 0.21, which is 88% below median its 10-year median of 1.70 and 25% below the Industrial Products industry median of 0.28. Classic Electrodes (India)'s overall GF Score™ is 15/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Classic Electrodes (India) (NSE:CLASSICEIL), the current Debt-to-Equity is 0.21 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Classic Electrodes (India) Ltd is engaged in the business of manufacturing welding electrodes and providing engineering solutions to customers both in domestic and international market. It provides a wide range of product offerings including General Purpose Electrodes, Low Alloy Electrodes, Low Hydrogen Electrodes, Stainless Steel Electrodes, Hard Facing Electrodes, Cast Iron Electrodes, Non-Ferrous Electrodes, Low Heat Input Electrodes, Cutting and Gauging Electrodes, Mig Wires etc. It is focused on alloy and process development, quality and design, which has allowed the company to develop products suited to its customers' requirements. It has expertise to design, develop and manufacture complex and specialized industrial equipment and components for OEM's and end user industries.
15GF Score
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