Osel Devices (NSE:OSELDEVICE) Debt-to-Equity : 1.00 (As of Mar. 2024)

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What is Osel Devices Debt-to-Equity?

Osel Devices's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹175 Mil. Osel Devices's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹79 Mil. Osel Devices's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹253 Mil. Osel Devices's debt to equity for the quarter that ended in Mar. 2024 was 1.00.

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 Osel Devices's Debt-to-Equity or its related term are showing as below:

NSE:OSELDEVICE' s Debt-to-Equity Range Over the Past 10 Years
Min: 1 Med: 1.29 Max: 1.97
Current: 1

During the past 4 years, the highest Debt-to-Equity Ratio of Osel Devices was 1.97. The lowest was 1.00. And the median was 1.29.

NSE:OSELDEVICE's Debt-to-Equity is ranked worse than
86.11% of 691 companies
in the Medical Devices & Instruments industry
Industry Median: 0.21 vs NSE:OSELDEVICE: 1.00

Osel Devices Debt-to-Equity Historical Data

The historical data trend for Osel Devices'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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Osel Devices Debt-to-Equity Chart

Osel Devices Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

1.97

1.13

1.45

1.00

Osel Devices Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
Debt-to-Equity	1.97	1.13	1.45	1.00

Competitive Comparison of Osel Devices's Debt-to-Equity

For the Medical Devices subindustry, Osel Devices'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.

Osel Devices's Debt-to-Equity Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Osel Devices's Debt-to-Equity distribution charts can be found below:

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

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Osel Devices Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Osel Devices'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
	=	(175.179	+	79.343)	/	253.421
	=	1.00

Osel Devices'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
	=	(175.179	+	79.343)	/	253.421
	=	1.00

Osel Devices (NSE:OSELDEVICE) 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.

Osel Devices Debt-to-Equity Related Terms

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Osel Devices Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Osel Devices Ltd (NSE:OSELDEVICE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot No. 3, Sector Knowledge Park- III, Signature Tower First Floor, Sector 34, Gautam Buddha Nagar, Greater Noida, UP, IND, 201308

Website

Osel Devcies Ltd manufactures a comprehensive range of LED display systems and hearing aids. The company manufactures a comprehensive range of LED display systems including all major components for commercial use such as advertising media, billboards, corporate boardrooms, presentations, display promotions, command centers, and front signs. It also manufactures hearing aids, commonly known as health aids, to assist people with disabilities, the elderly, and the chronically ill who have low hearing levels. The company's main customer for hearing aids is the Artificial Limbs Manufacturing Corporation of India. Osel Devcies Generates the majority of revenue from Hearing Aids.

Osel Devices Headlines

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