Rane Brake Linings (NSE:RBL) Debt-to-Equity : 0.01 (As of Sep. 2024)

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What is Rane Brake Linings Debt-to-Equity?

Rane Brake Linings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹25 Mil. Rane Brake Linings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹5 Mil. Rane Brake Linings's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₹2,785 Mil. Rane Brake Linings's debt to equity for the quarter that ended in Sep. 2024 was 0.01.

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 Rane Brake Linings's Debt-to-Equity or its related term are showing as below:

NSE:RBL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0 Max: 0.29
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Rane Brake Linings was 0.29. The lowest was 0.00. And the median was 0.00.

NSE:RBL's Debt-to-Equity is ranked better than
99.92% of 1188 companies
in the Vehicles & Parts industry
Industry Median: 0.475 vs NSE:RBL: 0.01

Rane Brake Linings Debt-to-Equity Historical Data

The historical data trend for Rane Brake Linings'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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Rane Brake Linings Debt-to-Equity Chart

Rane Brake Linings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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Rane Brake Linings Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															-	N/A	-	N/A	0.01

Competitive Comparison of Rane Brake Linings's Debt-to-Equity

For the Auto Parts subindustry, Rane Brake Linings'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.

Rane Brake Linings's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Rane Brake Linings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Rane Brake Linings's Debt-to-Equity falls into.

Rane Brake Linings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Rane Brake Linings'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
	=	(1.6	+	4.7)	/	2810.8
	=	0.00

Rane Brake Linings'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
	=	(25.4	+	4.7)	/	2785
	=	0.01

Rane Brake Linings (NSE:RBL) 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.

Rane Brake Linings Debt-to-Equity Related Terms

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Rane Brake Linings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Rane Brake Linings Ltd (NSE:RBL) » Definitions » Debt-to-Equity

Traded in Other Exchanges

532987:India

Address

Malthri, No. 132, Cathedral Road, Rane Corporate Centre, Chennai, TN, IND, 600 086

Website

https://www.ranegroup.com

Rane Brake Linings Ltd manufactures and markets auto components. The company offers products such as brake linings, disc pads, clutch facings, clutch buttons, brake shoes and railway brake blocks for passenger cars, utility vehicles, commercial vehicles, two-wheelers, and railways. Geographically, it derives a majority of revenue from India and also has a presence in the Rest of the World. It is engaged in activities related to the manufacture and supply of auto components for the transportation industry.

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