Holmarc Opto-Mechatronics (NSE:HOLMARC) Debt-to-Equity : 0.00 (As of Mar. 2024)

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What is Holmarc Opto-Mechatronics Debt-to-Equity?

Holmarc Opto-Mechatronics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0.0 Mil. Holmarc Opto-Mechatronics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0.0 Mil. Holmarc Opto-Mechatronics's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹238.3 Mil. Holmarc Opto-Mechatronics's debt to equity for the quarter that ended in Mar. 2024 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 Holmarc Opto-Mechatronics's Debt-to-Equity or its related term are showing as below:

During the past 4 years, the highest Debt-to-Equity Ratio of Holmarc Opto-Mechatronics was 0.25. The lowest was 0.12. And the median was 0.24.

NSE:HOLMARC's Debt-to-Equity is not ranked ^*
in the Hardware industry.
Industry Median: 0.29
* Ranked among companies with meaningful Debt-to-Equity only.

Holmarc Opto-Mechatronics Debt-to-Equity Historical Data

The historical data trend for Holmarc Opto-Mechatronics'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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Holmarc Opto-Mechatronics Debt-to-Equity Chart

Holmarc Opto-Mechatronics Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

0.24

0.25

0.12

Holmarc Opto-Mechatronics Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
Debt-to-Equity	0.24	0.25	0.12	-

Competitive Comparison of Holmarc Opto-Mechatronics's Debt-to-Equity

For the Scientific & Technical Instruments subindustry, Holmarc Opto-Mechatronics'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.

Holmarc Opto-Mechatronics's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Holmarc Opto-Mechatronics's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Holmarc Opto-Mechatronics's Debt-to-Equity falls into.

Holmarc Opto-Mechatronics Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Holmarc Opto-Mechatronics's Debt to Equity Ratio for the fiscal year 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
	=	(0	+	0)	/	238.346
	=	0.00

Holmarc Opto-Mechatronics'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
	=	(0	+	0)	/	238.346
	=	0.00

Holmarc Opto-Mechatronics (NSE:HOLMARC) 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.

Holmarc Opto-Mechatronics Debt-to-Equity Related Terms

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Holmarc Opto-Mechatronics (NSE:HOLMARC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Holmarc Opto-Mechatronics Ltd (NSE:HOLMARC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Building No. 11/490, B-7, HMT Industrial Estate, Kalamassery, Kanayanoor Taluk, Ernakulam, KL, IND, 683503

Website

https://www.holmarc.com

Holmarc Opto-Mechatronics Ltd is engaged in manufacturing a variety of scientific and engineering instruments for research, industry and education i.e. Imaging Instruments, Measuring Instruments, Spectroscopy, Analytical Instruments, Lab Instruments, Physics Lab Instruments, Breadboard/Table Tops, Opto-mechanics, Optics, Linear & Rotation Stages, Motorized Linear & Rotation Stages, Industrial Automation etc.

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