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Crown Lifters (NSE:CROWN) Debt-to-Equity : N/A (As of Dec. 2023)


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What is Crown Lifters Debt-to-Equity?

Crown Lifters's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.0 Mil. Crown Lifters's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.0 Mil. Crown Lifters's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹0.0 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 Crown Lifters's Debt-to-Equity or its related term are showing as below:

NSE:CROWN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.45   Med: 1.48   Max: 2.07
Current: 1.1

During the past 12 years, the highest Debt-to-Equity Ratio of Crown Lifters was 2.07. The lowest was 0.45. And the median was 1.48.

NSE:CROWN's Debt-to-Equity is ranked worse than
76.16% of 923 companies
in the Business Services industry
Industry Median: 0.37 vs NSE:CROWN: 1.10

Crown Lifters Debt-to-Equity Historical Data

The historical data trend for Crown Lifters'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.

Crown Lifters Debt-to-Equity Chart

Crown Lifters Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.87 2.07 0.76 - 0.57

Crown Lifters Quarterly Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A 0.57 N/A 1.10 N/A

Competitive Comparison of Crown Lifters's Debt-to-Equity

For the Rental & Leasing Services subindustry, Crown Lifters'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.


Crown Lifters's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Crown Lifters's Debt-to-Equity distribution charts can be found below:

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



Crown Lifters Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Crown Lifters's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Crown Lifters's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Crown Lifters  (NSE:CROWN) 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.


Crown Lifters Debt-to-Equity Related Terms

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


Crown Lifters (NSE:CROWN) Business Description

Traded in Other Exchanges
N/A
Address
Veera Desai Road, 104, Raheja Plaza, Premises Co-Op Soc. Ltd., Shah Industrial Estate, Andheri (West), Mumbai, MH, IND, 400053
Crown Lifters Ltd is an Indian firm engaged in the trading and renting of cranes. The company's fleet comprises Crawler Lattice Boom, Crawler Telescopic Boom, All Terrain Crane, Rough Terrain Crane, Aerial Platform, and Piling Rig.

Crown Lifters (NSE:CROWN) Headlines

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