Lead Reclaim and Rubber Products (NSE:LRRPL) Debt-to-Equity: 0.37 (As of Mar. 2024)

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NSE:LRRPL Lead Reclaim and Rubber Products Ltd NSE:LRRPL
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What is Lead Reclaim and Rubber Products Debt-to-Equity?

Lead Reclaim and Rubber Products NSE:LRRPL +2.41% 14 Debt-to-Equity is 0.37 as of Mar. 2024. GuruFocus rates NSE:LRRPL with a GF Score™ of 14/100.

Lead Reclaim and Rubber Products's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹31.3 Mil. Lead Reclaim and Rubber Products's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹10.3 Mil. Lead Reclaim and Rubber Products's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹111.9 Mil. Lead Reclaim and Rubber Products's debt to equity for the quarter that ended in Mar. 2024 was 0.37.

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 Lead Reclaim and Rubber Products's Debt-to-Equity or its related term are showing as below:

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

Lead Reclaim and Rubber Products  (NSE:LRRPL) 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.

Lead Reclaim and Rubber Products Debt-to-Equity Related Terms

Lead Reclaim and Rubber Products Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Lead Reclaim and Rubber Products'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.

Lead Reclaim and Rubber Products Debt-to-Equity Chart

Lead Reclaim and Rubber Products Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Equity
21.59 9.82 0.96 0.25 0.37

Lead Reclaim and Rubber Products Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24
Debt-to-Equity Get a 7-Day Free Trial 0.96 0.49 0.25 0.36 0.37

NSE:LRRPL vs LIN, SHW, ECL: Debt-to-Equity Comparison

For the Specialty Chemicals subindustry, Lead Reclaim and Rubber Products'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.

Lead Reclaim and Rubber Products Debt-to-Equity vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Lead Reclaim and Rubber Products's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Lead Reclaim and Rubber Products's Debt-to-Equity falls into.


NSE:LRRPL
14GF Score
Lead Reclaim and Rubber Products Ltd NSE:LRRPL
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Lead Reclaim and Rubber Products Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Lead Reclaim and Rubber Products'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
=(31.3 + 10.3) / 111.9
=0.37

Lead Reclaim and Rubber Products'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
=(31.3 + 10.3) / 111.9
=0.37

* 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 0.37 mean?
Lead Reclaim and Rubber Products (NSE:LRRPL) has a Debt-to-Equity of 0.37 as of Mar. 2024. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Lead Reclaim and Rubber Products and its competitors.
Is Lead Reclaim and Rubber Products' Debt-to-Equity too high?
Lead Reclaim and Rubber Products' current Debt-to-Equity is 0.37. The Chemicals industry median Debt-to-Equity is 0.36. Lead Reclaim and Rubber Products' value of 0.37 is 2.8% above this industry median. Overall, Lead Reclaim and Rubber Products has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Lead Reclaim and Rubber Products' Debt-to-Equity compare to LIN and SHW?
Lead Reclaim and Rubber Products' Debt-to-Equity of 0.37 can be compared against companies in the Chemicals industry. The industry median Debt-to-Equity is 0.36. Lead Reclaim and Rubber Products' value of 0.37 is 2.8% above this benchmark. 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 a Chemicals company?
The median Debt-to-Equity among Chemicals companies is 0.36, based on 1,418 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. Lead Reclaim and Rubber Products's current Debt-to-Equity of 0.37 is 2.8% 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 Lead Reclaim and Rubber Products and its competitors. For the Chemicals industry, the median Debt-to-Equity is 0.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lead Reclaim and Rubber Products's current Debt-to-Equity is 0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lead Reclaim and Rubber Products stock overvalued right now?
Lead Reclaim and Rubber Products (NSE:LRRPL) has a current Debt-to-Equity of 0.37. The current Debt-to-Equity is 0.37 and 2.8% above the Chemicals industry median of 0.36. Lead Reclaim and Rubber Products' overall GF Score™ is 14/100. 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 Lead Reclaim and Rubber Products (NSE:LRRPL), the current Debt-to-Equity is 0.37 as of Mar. 2024. 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.

Lead Reclaim and Rubber Products Business Description

Address 856/4 Village Pethai Sarali Road, Kheda, GJ, IND, 387630
Lead Reclaim and Rubber Products Ltd manufactures premium-quality reclaimed rubber, crumb rubber, and rubber granules. Some of its products include Whole Tyre Reclaim Rubbers, Butyl Tube Reclaim Rubber, and Natural Tube Reclaim Rubber.
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