Prakash Pipes (NSE:PPL) Debt-to-Equity : N/A (As of Dec. 2023)

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What is Prakash Pipes Debt-to-Equity?

Prakash Pipes's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Prakash Pipes's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Prakash Pipes's Total Stockholders Equity for the quarter that ended in Dec. 2023 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 Prakash Pipes's Debt-to-Equity or its related term are showing as below:

NSE:PPL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.03 Max: 0.09
Current: 0.09

During the past 6 years, the highest Debt-to-Equity Ratio of Prakash Pipes was 0.09. The lowest was 0.00. And the median was 0.03.

NSE:PPL's Debt-to-Equity is ranked better than
82.16% of 1519 companies
in the Construction industry
Industry Median: 0.44 vs NSE:PPL: 0.09

Prakash Pipes Debt-to-Equity Historical Data

The historical data trend for Prakash Pipes'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.

Prakash Pipes Debt-to-Equity Chart

Prakash Pipes Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.04

0.01

0.02

0.03

Prakash Pipes Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															N/A	0.03	N/A	0.09	N/A

Competitive Comparison of Prakash Pipes's Debt-to-Equity

For the Building Products & Equipment subindustry, Prakash Pipes'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.

Prakash Pipes's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Prakash Pipes's Debt-to-Equity distribution charts can be found below:

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

Prakash Pipes Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Prakash Pipes's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 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
	=	(93.2	+	2.6)	/	2786.1
	=	0.03

Prakash Pipes's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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

Prakash Pipes (NSE:PPL) 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.

Prakash Pipes Debt-to-Equity Related Terms

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Prakash Pipes (NSE:PPL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Prakash Pipes Ltd (NSE:PPL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

542684:India

Address

Srivan, Bijwasan, New Delhi, IND, 110061

Website

https://www.prakashplastics.in

Prakash Pipes Ltd is engaged in the manufacture of PVC pipes and fittings. It offers a products such as Agri Pipes, Column Pipes, Plumbing Pipes, Casing Pipes, SWR Pipes, Garden Pipes and their related Fittings. Its segments are PVC Pipe and fitting and Flexible Packaging. It generates the majority of its revenue from PVC Pipe and fitting.