GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Rappid Valves (India) Ltd (NSE:RAPPID) » Definitions » Debt-to-Equity

Rappid Valves (India) (NSE:RAPPID) Debt-to-Equity : 0.90 (As of Mar. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Rappid Valves (India) Debt-to-Equity?

Rappid Valves (India)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹91.1 Mil. Rappid Valves (India)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹18.7 Mil. Rappid Valves (India)'s Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹122.2 Mil. Rappid Valves (India)'s debt to equity for the quarter that ended in Mar. 2024 was 0.90.

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 Rappid Valves (India)'s Debt-to-Equity or its related term are showing as below:

NSE:RAPPID' s Debt-to-Equity Range Over the Past 10 Years
Min: -39.67   Med: 0.9   Max: 3.18
Current: 0.9

During the past 3 years, the highest Debt-to-Equity Ratio of Rappid Valves (India) was 3.18. The lowest was -39.67. And the median was 0.90.

NSE:RAPPID's Debt-to-Equity is ranked worse than
84.19% of 2618 companies
in the Industrial Products industry
Industry Median: 0.28 vs NSE:RAPPID: 0.90

Rappid Valves (India) Debt-to-Equity Historical Data

The historical data trend for Rappid Valves (India)'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.

Rappid Valves (India) Debt-to-Equity Chart

Rappid Valves (India) Annual Data
Trend Mar22 Mar23 Mar24
Debt-to-Equity
-39.67 3.18 0.90

Rappid Valves (India) Semi-Annual Data
Mar22 Mar23 Mar24
Debt-to-Equity -39.67 3.18 0.90

Competitive Comparison of Rappid Valves (India)'s Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Rappid Valves (India)'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.

Rappid Valves (India)'s Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Rappid Valves (India)'s Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Rappid Valves (India)'s Debt-to-Equity falls into.


;
;

Rappid Valves (India) Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Rappid Valves (India)'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
=(91.121 + 18.709) / 122.196
=0.90

Rappid Valves (India)'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
=(91.121 + 18.709) / 122.196
=0.90

* 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.

Rappid Valves (India)  (NSE:RAPPID) 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.

Rappid Valves (India) Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Rappid Valves (India)'s Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Rappid Valves (India) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Rappid Valves (India) Ltd (NSE:RAPPID) » Definitions » Debt-to-Equity
Comparable Companies
BOM:505216 BOM:505302 NSE:SONAMAC BOM:531888 BOM:504908 NSE:LATTEYS BOM:522183 BOM:522251 BOM:544177 BOM:522292 XTER:SIE XPAR:SU ETN GEV PH OSTO:ATCO A ITW TSE:7011 XTER:ENR EMR
Traded in Other Exchanges
N/A
Address
Genesis Industrial Complex, Plot No.30 & 31, Village Kolgaon, Palghar (East), District Palghar, Thane, MH, IND, 401404
Website
https://www.rappidvalves.in
Rappid Valves (India) Ltd is an engineering company engaged in the manufacturing of Valve solutions. Its product portfolio includes Ball valves, Gate Valves, Globe Valves, Butterfly Valves, Check Valves, Double Block valves, Strainer Valves and Marine Valves which are manufactured using ferrous and non-ferrous materials, sizes ranging from 15mm to 600mm catering to diverse requirement.

Rappid Valves (India) Headlines

No Headlines