Goldstar Power (NSE:GOLDSTAR) Debt-to-Equity: 0.36 (As of Mar. 2025) — 37% Below Median

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NSE:GOLDSTAR Goldstar Power Ltd NSE:GOLDSTAR
72 GF Score
Price ₹7.35
GF Value ₹11.13
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Goldstar Power Debt-to-Equity?

Goldstar Power NSE:GOLDSTAR +5.00% 72 Debt-to-Equity is 0.36 as of Mar. 2025, which is 37% below its 10-year median of 0.57. GuruFocus rates NSE:GOLDSTAR with a GF Score™ of 72/100 and a GF Value™ of ₹11.13 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,680 Industrial Products companies, Goldstar Power ranks worse than 57.2% on this metric.

Goldstar Power's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ₹77.9 Mil. Goldstar Power's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ₹31.3 Mil. Goldstar Power's Total Stockholders Equity for the quarter that ended in Mar. 2025 was ₹304.7 Mil. Goldstar Power's debt to equity for the quarter that ended in Mar. 2025 was 0.36.

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 Goldstar Power's Debt-to-Equity or its related term are showing as below:

NSE:GOLDSTAR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.36   Med: 0.57   Max: 1.34
Current: 0.36

During the past 13 years, the highest Debt-to-Equity Ratio of Goldstar Power was 1.34. The lowest was 0.36. And the median was 0.57.

NSE:GOLDSTAR's Debt-to-Equity is ranked worse than
57.2% of 2680 companies
in the Industrial Products industry
Industry Median: 0.28 vs NSE:GOLDSTAR: 0.36

Goldstar Power  (NSE:GOLDSTAR) 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.


Goldstar Power Debt-to-Equity Related Terms


Goldstar Power Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Goldstar Power'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.

Goldstar Power Debt-to-Equity Chart

Goldstar Power Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.59 0.86 0.55 0.65 0.36

Goldstar Power Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.59 0.86 0.55 0.65 0.36

NSE:GOLDSTAR vs VRT, BE: Debt-to-Equity Comparison

For the Electrical Equipment & Parts subindustry, Goldstar Power'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.


Goldstar Power Debt-to-Equity vs Industrial Products Industry

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

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


NSE:GOLDSTAR
72GF Score
Goldstar Power Ltd NSE:GOLDSTAR
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Goldstar Power Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Goldstar Power's Debt to Equity Ratio for the fiscal year that ended in Mar. 2025 is calculated as

Goldstar Power's Debt to Equity Ratio for the quarter that ended in Mar. 2025 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.36 mean?
Goldstar Power (NSE:GOLDSTAR) has a Debt-to-Equity of 0.36 as of Mar. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Goldstar Power and its competitors. This is 37% below median its historical median of 0.57. Over the past decade, Goldstar Power's Debt-to-Equity has ranged from 0.36 to 1.34. According to the industry distribution chart, Goldstar Power ranks #1533 out of 2680 companies in the Industrial Products industry, placing it in the top 57.2%.
Is Goldstar Power's Debt-to-Equity too high?
Goldstar Power's current Debt-to-Equity of 0.36 is 37% below median its 10-year median of 0.57. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 1.34. The Industrial Products industry median Debt-to-Equity is 0.28. Goldstar Power's value of 0.36 is 28.6% above this industry median. Based on the distribution chart, Goldstar Power ranks #1533 out of 2680 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Goldstar Power has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Goldstar Power's Debt-to-Equity compare to VRT and BE?
According to the Industrial Products industry distribution chart, Goldstar Power ranks #1533 out of 2680 companies for Debt-to-Equity. This places Goldstar Power in the lower half of its industry. The industry median Debt-to-Equity is 0.28. Goldstar Power's value of 0.36 is 28.6% above this benchmark. Historically, Goldstar Power's own Debt-to-Equity has ranged from 0.36 to 1.34 over the past decade. While the company's 10-year median is 0.57 vs. the industry median of 0.28, Goldstar Power has consistently been above 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 2,680 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. Goldstar Power's current Debt-to-Equity of 0.36 is 28.6% above 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 Goldstar Power 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. Goldstar Power's current Debt-to-Equity is 0.36, which is 37% below median its own 10-year median of 0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goldstar Power stock overvalued right now?
Based on GuruFocus' analysis, Goldstar Power (NSE:GOLDSTAR) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹11.13, compared to a current price of ₹7.35 — trading 34% below its estimated fair value. The current Debt-to-Equity is 0.36, which is 37% below median its 10-year median of 0.57 and 28.6% above the Industrial Products industry median of 0.28. Goldstar Power's overall GF Score™ is 72/100 with 3 warning signs to review. 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 Goldstar Power (NSE:GOLDSTAR), the current Debt-to-Equity is 0.36 as of Mar. 2025. 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.

Is Goldstar Power (NSE:GOLDSTAR) Overvalued in 2026?

Based on GuruFocus' analysis, Goldstar Power stock appears to be undervalued. The current stock price of ₹7.35 is trading 34% below its estimated GF Value™ of ₹11.13. GuruFocus considers Goldstar Power to be Significantly Undervalued.

Key valuation signals for NSE:GOLDSTAR:

  • Debt-to-Equity: 0.36 (37% below median its 10-year median of 0.57)
  • GF Value™: ₹11.13 vs. price of ₹7.35 (34% below fair value)
  • GF Score™: 72/100 with 3 warning signs
  • Industry Position: 28.6% above the Industrial Products median (#1533 of 2680)

No single metric tells the full story. See the NSE:GOLDSTAR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Goldstar Power Business Description

Address Rajkot Highway, Behind Ravi Petrol Pump, At & Post Hapa, Jamanagar, GJ, IND, 361120
Goldstar Power Ltd is a battery manufacturing company. It sells its products under the brand GOLDSTAR that includes Fully Automotive Batteries for Car, Tractor, and Heavy Duty Trucks, Tubular Batteries for E-Rickshaw, SMF-VRLA Batteries for UPS Application, Motorcycle Batteries, Solar Batteries, Pure Lead, and Alloy. The company has two reportable segments: Manufacturing of Battery, Lead Alloy, and Trading of Inverter, Chemicals & other battery related equipment. Key revenue is generated from the Manufacturing of Battery, Lead Alloy segment.
72GF Score

Get the complete analysis for NSE:GOLDSTAR

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹7.35
Price
₹11.13
GF Value