Presstonic Engineering (NSE:PRESSTONIC) Debt-to-Equity : 0.46 (As of Sep. 2024)

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What is Presstonic Engineering Debt-to-Equity?

Presstonic Engineering's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹62.7 Mil. Presstonic Engineering's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹31.3 Mil. Presstonic Engineering's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₹203.9 Mil. Presstonic Engineering's debt to equity for the quarter that ended in Sep. 2024 was 0.46.

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 Presstonic Engineering's Debt-to-Equity or its related term are showing as below:

NSE:PRESSTONIC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.46 Med: 2.98 Max: 7.95
Current: 0.46

During the past 4 years, the highest Debt-to-Equity Ratio of Presstonic Engineering was 7.95. The lowest was 0.46. And the median was 2.98.

NSE:PRESSTONIC's Debt-to-Equity is ranked better than
53.84% of 899 companies
in the Transportation industry
Industry Median: 0.51 vs NSE:PRESSTONIC: 0.46

Presstonic Engineering Debt-to-Equity Historical Data

The historical data trend for Presstonic Engineering'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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Presstonic Engineering Debt-to-Equity Chart

Presstonic Engineering Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

7.95

7.58

3.58

0.57

Presstonic Engineering Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Mar24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial			7.58	3.58	2.38	0.57	0.46

Competitive Comparison of Presstonic Engineering's Debt-to-Equity

For the Railroads subindustry, Presstonic Engineering'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.

Presstonic Engineering's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Presstonic Engineering's Debt-to-Equity distribution charts can be found below:

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

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Presstonic Engineering Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Presstonic Engineering'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
	=	(125.397	+	16.129)	/	248.198
	=	0.57

Presstonic Engineering'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
	=	(62.729	+	31.341)	/	203.931
	=	0.46

Presstonic Engineering (NSE:PRESSTONIC) 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.

Presstonic Engineering Debt-to-Equity Related Terms

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Presstonic Engineering Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Presstonic Engineering Ltd (NSE:PRESSTONIC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hoysala Main Road, Sy. No. 2, Khatha No. 145, Pillappa Industrial Layout, Viswaneedam, Srigandhadakavalu, Sunkadakatte, Bangalore North, KA, IND, 560091

Website

https://www.presstonic.com

Presstonic Engineering Ltd manufactures Metro Rail Rolling Stock Products, Metro Rail Signalling Products, and Infrastructure Products, and supplies to renowned Global and Domestic OEM's engaged in the Rail and Metro Rail Rolling stock and Signalling equipments manufacturing and servicing companies. The company generates the majority of its revenue from India.

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