LEEL Electricals (NSE:LEEL) Debt-to-Equity : 0.42 (As of Mar. 2018)

View and export this data going back to 1997. Start your Free Trial

What is LEEL Electricals Debt-to-Equity?

LEEL Electricals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2018 was ₹5,488 Mil. LEEL Electricals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2018 was ₹2 Mil. LEEL Electricals's Total Stockholders Equity for the quarter that ended in Mar. 2018 was ₹13,157 Mil. LEEL Electricals's debt to equity for the quarter that ended in Mar. 2018 was 0.42.

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 LEEL Electricals's Debt-to-Equity or its related term are showing as below:

NSE:LEEL's Debt-to-Equity is not ranked ^*
in the Industrial Products industry.
Industry Median: 0.28
* Ranked among companies with meaningful Debt-to-Equity only.

LEEL Electricals Debt-to-Equity Historical Data

The historical data trend for LEEL Electricals'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.

LEEL Electricals Debt-to-Equity Chart

LEEL Electricals Annual Data

Trend

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Debt-to-Equity

Get a 7-Day Free Trial

1.08

1.19

1.40

1.29

0.42

LEEL Electricals Semi-Annual Data
	Mar07	Mar08	Mar09	Mar10	Mar11	Mar12	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18
Debt-to-Equity	Get a 7-Day Free Trial							1.08	1.19	1.40	1.29	0.42

Competitive Comparison of LEEL Electricals's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, LEEL Electricals'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.

LEEL Electricals's Debt-to-Equity Distribution in the Industrial Products Industry

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

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

LEEL Electricals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

LEEL Electricals's Debt to Equity Ratio for the fiscal year that ended in Mar. 2018 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
	=	(5488.3	+	2.1)	/	13157.3
	=	0.42

LEEL Electricals's Debt to Equity Ratio for the quarter that ended in Mar. 2018 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
	=	(5488.3	+	2.1)	/	13157.3
	=	0.42

LEEL Electricals (NSE:LEEL) 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.

LEEL Electricals Debt-to-Equity Related Terms

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

LEEL Electricals (NSE:LEEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » LEEL Electricals Ltd (NSE:LEEL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

159, Okhla Industrial Estate, Phase - III, New Delhi, Delhi, IND, 110020

Website

http://www.leelelectric.com

LEEL Electricals Ltd is an India-based heat exchangers coils manufacturer. It manufactures air conditioners for various brands including its own brand of LLOYD. The company also manufactures consumer durable business under Lloyd brand which includes product portfolio like Air-Conditioner, LED TV, Washing Machines, Chest Freezers and other small home appliances. Lloyd's segments are OEM and Packaged Air conditioning Segment, and Heat Exchangers and Components Segments but OEM and Packaged Air conditioning Segment generates the majority of the revenue.

LEEL Electricals (NSE:LEEL) Headlines

No Headlines