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Steel Strips Wheels (NSE:SSWL) Debt-to-Equity : N/A (As of Dec. 2024)


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What is Steel Strips Wheels Debt-to-Equity?

Steel Strips Wheels's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₹0 Mil. Steel Strips Wheels's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₹0 Mil. Steel Strips Wheels's Total Stockholders Equity for the quarter that ended in Dec. 2024 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 Steel Strips Wheels's Debt-to-Equity or its related term are showing as below:

NSE:SSWL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.56   Med: 1.25   Max: 1.75
Current: 0.61

During the past 13 years, the highest Debt-to-Equity Ratio of Steel Strips Wheels was 1.75. The lowest was 0.56. And the median was 1.25.

NSE:SSWL's Debt-to-Equity is ranked worse than
58.7% of 1189 companies
in the Vehicles & Parts industry
Industry Median: 0.48 vs NSE:SSWL: 0.61

Steel Strips Wheels Debt-to-Equity Historical Data

The historical data trend for Steel Strips Wheels'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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Steel Strips Wheels Debt-to-Equity Chart

Steel Strips Wheels Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.43 1.25 0.82 0.56 0.73

Steel Strips Wheels Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.73 N/A 0.61 N/A

Competitive Comparison of Steel Strips Wheels's Debt-to-Equity

For the Auto Parts subindustry, Steel Strips Wheels'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.


Steel Strips Wheels's Debt-to-Equity Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Steel Strips Wheels's Debt-to-Equity falls into.


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Steel Strips Wheels Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Steel Strips Wheels's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Steel Strips Wheels's Debt to Equity Ratio for the quarter that ended in Dec. 2024 is calculated as

* 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.


Steel Strips Wheels  (NSE:SSWL) 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.


Steel Strips Wheels Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Steel Strips Wheels's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Steel Strips Wheels Business Description

Traded in Other Exchanges
Address
Madhya Marg, SCO 49-50, Sector 26, Chandigarh, IND, 160 019
Steel Strips Wheels Ltd is an India-based automotive steel wheel manufacturing company. It is engaged in the designing and manufacturing business of Steel wheel rims and Alloy wheel rims catering to different segments of the automobile industry. The company operates in India and has a presence in international markets as well. The group generates the majority of its revenue from India.

Steel Strips Wheels Headlines

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