Namo eWaste Management (NSE:NAMOEWASTE) Debt-to-Equity : 0.14 (As of Sep. 2024)

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What is Namo eWaste Management Debt-to-Equity?

Namo eWaste Management's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹112 Mil. Namo eWaste Management's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹5 Mil. Namo eWaste Management's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₹857 Mil. Namo eWaste Management's debt to equity for the quarter that ended in Sep. 2024 was 0.14.

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 Namo eWaste Management's Debt-to-Equity or its related term are showing as below:

NSE:NAMOEWASTE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12 Med: 0.18 Max: 0.41
Current: 0.14

During the past 3 years, the highest Debt-to-Equity Ratio of Namo eWaste Management was 0.41. The lowest was 0.12. And the median was 0.18.

NSE:NAMOEWASTE's Debt-to-Equity is ranked better than
82.88% of 222 companies
in the Waste Management industry
Industry Median: 0.645 vs NSE:NAMOEWASTE: 0.14

Namo eWaste Management Debt-to-Equity Historical Data

The historical data trend for Namo eWaste Management'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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Namo eWaste Management Debt-to-Equity Chart

Namo eWaste Management Annual Data

Trend

Mar22

Mar23

Mar24

Debt-to-Equity

0.23

0.12

0.41

Namo eWaste Management Semi-Annual Data
	Mar22	Mar23	Sep23	Mar24	Sep24
Debt-to-Equity	0.23	0.12	N/A	0.41	0.14

Competitive Comparison of Namo eWaste Management's Debt-to-Equity

For the Waste Management subindustry, Namo eWaste Management'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.

Namo eWaste Management's Debt-to-Equity Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Namo eWaste Management's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Namo eWaste Management's Debt-to-Equity falls into.

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Namo eWaste Management Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Namo eWaste Management'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
	=	(113.629	+	31.695)	/	352.617
	=	0.41

Namo eWaste Management's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(112.024	+	4.536)	/	856.743
	=	0.14

Namo eWaste Management (NSE:NAMOEWASTE) 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.

Namo eWaste Management Debt-to-Equity Related Terms

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Namo eWaste Management Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Namo eWaste Management Ltd (NSE:NAMOEWASTE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

14/1, Main Mathura Road, Faridabad, HR, IND, 121003

Website

https://www.namoewaste.com

Namo eWaste Management Ltd is an E-Waste collection, disposal and recycling company that offers comprehensive services for recycling of electrical and electronic equipment (EEE) waste like Air Conditioners, refrigerators, Laptop, Phones, Washing Machines, Fans, etc. It is committed towards managing large volumes of electrical and electronic equipment waste and is able to extract all of the components of an electrical item including precious and semi-precious metals like Copper, Aluminium, Iron, etc.

Namo eWaste Management Headlines

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