MIC Electronics (NSE:MICEL) Debt-to-Equity: N/A (As of Jun. 2026)

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NSE:MICEL MIC Electronics Ltd NSE:MICEL
53 GF Score
Price ₹35.49
Valuation Significantly Undervalued
! 2 Warning Signs
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What is MIC Electronics Debt-to-Equity?

MIC Electronics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹0 Mil. MIC Electronics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹0 Mil. MIC Electronics's Total Stockholders Equity for the quarter that ended in Jun. 2026 was ₹0 Mil.

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 MIC Electronics's Debt-to-Equity or its related term are showing as below:

NSE:MICEL' s Debt-to-Equity Range Over the Past 10 Years
Min: -12.02   Med: 0.14   Max: 6.56
Current: 0.2

During the past 13 years, the highest Debt-to-Equity Ratio of MIC Electronics was 6.56. The lowest was -12.02. And the median was 0.14.

NSE:MICEL's Debt-to-Equity is ranked better than
59.18% of 2232 companies
in the Hardware industry
Industry Median: 0.28 vs NSE:MICEL: 0.20

MIC Electronics  (NSE:MICEL) 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.

MIC Electronics Debt-to-Equity Related Terms

MIC Electronics Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for MIC Electronics'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.

MIC Electronics Debt-to-Equity Chart

MIC Electronics Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.18 0.10 0.22 0.20

MIC Electronics Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A 0.20 N/A 0.20 N/A

NSE:MICEL vs APH, GLW, TEL: Debt-to-Equity Comparison

For the Electronic Components subindustry, MIC Electronics'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.

MIC Electronics Debt-to-Equity vs Hardware Industry

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

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


NSE:MICEL
53GF Score
MIC Electronics Ltd NSE:MICEL
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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MIC Electronics Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

MIC Electronics's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 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
=(348.725 + 93.183) / 2162.173
=0.20

MIC Electronics's Debt to Equity Ratio for the quarter that ended in Jun. 2026 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) / 0
=N/A

* 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.

MIC Electronics Business Description

Other Exchanges 532850:India
Address Plot No. 192/B, Phase-II, IDA, Cherlapally, Rangareddi, Hyderabad, TG, IND, 500051
MIC Electronics Ltd designs, develops, and manufactures light-emitting diode (LED) video displays, and other electronic components. The operating segments of the group are LED products; Medical appliances and E Vehicles. Its products include LED lighting, LED displays, Oxygen concentrators, and Batteries. The company predominantly operates in India.
53GF Score

Get the complete analysis for NSE:MICEL

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

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