Gayatri Rubbers and Chemicals (NSE:GRCL) Debt-to-Equity : 0.00 (As of Mar. 2023)

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What is Gayatri Rubbers and Chemicals Debt-to-Equity?

Gayatri Rubbers and Chemicals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹0.0 Mil. Gayatri Rubbers and Chemicals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹0.0 Mil. Gayatri Rubbers and Chemicals's Total Stockholders Equity for the quarter that ended in Mar. 2023 was ₹97.1 Mil. Gayatri Rubbers and Chemicals's debt to equity for the quarter that ended in Mar. 2023 was 0.00.

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 Gayatri Rubbers and Chemicals's Debt-to-Equity or its related term are showing as below:

During the past 4 years, the highest Debt-to-Equity Ratio of Gayatri Rubbers and Chemicals was 1.86. The lowest was 0.05. And the median was 0.11.

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

Gayatri Rubbers and Chemicals Debt-to-Equity Historical Data

The historical data trend for Gayatri Rubbers and Chemicals'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.

Gayatri Rubbers and Chemicals Debt-to-Equity Chart

Gayatri Rubbers and Chemicals Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

0.05

0.11

1.86

Gayatri Rubbers and Chemicals Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23
Debt-to-Equity	0.05	0.11	1.86	-

Competitive Comparison of Gayatri Rubbers and Chemicals's Debt-to-Equity

For the Specialty Chemicals subindustry, Gayatri Rubbers and Chemicals'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.

Gayatri Rubbers and Chemicals's Debt-to-Equity Distribution in the Chemicals Industry

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

* The bar in red indicates where Gayatri Rubbers and Chemicals's Debt-to-Equity falls into.

Gayatri Rubbers and Chemicals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Gayatri Rubbers and Chemicals's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 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
	=	(0	+	0)	/	97.069
	=	0.00

Gayatri Rubbers and Chemicals's Debt to Equity Ratio for the quarter that ended in Mar. 2023 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
	=	(0	+	0)	/	97.069
	=	0.00

Gayatri Rubbers and Chemicals (NSE:GRCL) 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.

Gayatri Rubbers and Chemicals Debt-to-Equity Related Terms

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Gayatri Rubbers and Chemicals (NSE:GRCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Gayatri Rubbers and Chemicals Ltd (NSE:GRCL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Malerna Road, Plot No. 11, Gali No. 3, Opposite Beri ka Bagh, Ballabgarh, Faridabad, HR, IND, 121004

Website

https://www.gayatrirubberchemicals.com

Gayatri Rubbers and Chemicals Ltd is engaged in manufacturing and trading rubber products. The company's product portfolio includes Aluminium rubber profiles, Automobile rubber profiles, Sponge rubber components, Clear PVC profiles, Industrial rubber, and Railway sector rubber. Geographically, the company operates within India.