Solex Energy (NSE:SOLEX) Debt-to-Equity: N/A (As of Jun. 2026)

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NSE:SOLEX Solex Energy Ltd NSE:SOLEX
73 GF Score
Price ₹698.60
GF Value ₹3,566.75
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Solex Energy Debt-to-Equity?

Solex Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹0 Mil. Solex Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹0 Mil. Solex Energy's Total Stockholders Equity for the quarter that ended in Jun. 2026 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 Solex Energy's Debt-to-Equity or its related term are showing as below:

NSE:SOLEX' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.23   Med: 0.55   Max: 2.12
Current: 1.34

During the past 12 years, the highest Debt-to-Equity Ratio of Solex Energy was 2.12. The lowest was 0.23. And the median was 0.55.

NSE:SOLEX's Debt-to-Equity is ranked worse than
90.01% of 911 companies
in the Semiconductors industry
Industry Median: 0.24 vs NSE:SOLEX: 1.34

Solex Energy  (NSE:SOLEX) 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.

Solex Energy Debt-to-Equity Related Terms

Solex Energy Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Solex Energy'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.

Solex Energy Debt-to-Equity Chart

Solex Energy Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.55 1.75 2.08 1.10 1.34

Solex Energy Quarterly Data
Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A 1.57 N/A 1.34 N/A

NSE:SOLEX vs FSLR, NXT, ENPH: Debt-to-Equity Comparison

For the Solar subindustry, Solex Energy'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.

Solex Energy Debt-to-Equity vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Solex Energy's Debt-to-Equity distribution charts can be found below:

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


NSE:SOLEX
73GF Score
Solex Energy Ltd NSE:SOLEX
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Solex Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Solex Energy's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 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
=(878.19 + 2508.29) / 2530
=1.34

Solex Energy's Debt to Equity Ratio for the quarter that ended in Jun. 2026 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

* 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.

Is Solex Energy (NSE:SOLEX) Overvalued in 2026?

Based on GuruFocus' analysis, Solex Energy stock appears to be undervalued. The current stock price of ₹698.60 is trading 80.4% below its estimated GF Value™ of ₹3,566.75. GuruFocus considers Solex Energy to be Possible Value Trap.

Key valuation signals for NSE:SOLEX:

  • Debt-to-Equity: N/A
  • GF Value™: ₹3,566.75 vs. price of ₹698.60 (80.4% below fair value)
  • GF Score™: 73/100 with 3 warning signs

No single metric tells the full story. See the NSE:SOLEX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Solex Energy Business Description

Other Exchanges 544862:India
Address Opposite R.T.O Pal, 8th Floor, 801-812, Rio Empire, Surat, GJ, IND, 395009
Solex Energy Ltd is a manufacturer of solar photovoltaic modules and is also engaged in the business of Engineering, Procurement, and Construction (EPC) in the solar energy market, where the manufactured modules are utilized. Its products are Tapi R, Tapi Trans, Tapi Series, Tapi Black, and Ganga.
73GF Score

Get the complete analysis for NSE:SOLEX

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹698.60
Price
₹3,566.75
GF Value