Technocraft Industries (India) (NSE:TIIL) Debt-to-Equity : N/A (As of Dec. 2024)

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What is Technocraft Industries (India) Debt-to-Equity?

Technocraft Industries (India)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₹0 Mil. Technocraft Industries (India)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₹0 Mil. Technocraft Industries (India)'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 Technocraft Industries (India)'s Debt-to-Equity or its related term are showing as below:

NSE:TIIL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.34 Med: 0.45 Max: 0.77
Current: 0.44

During the past 13 years, the highest Debt-to-Equity Ratio of Technocraft Industries (India) was 0.77. The lowest was 0.34. And the median was 0.45.

NSE:TIIL's Debt-to-Equity is ranked worse than
64.05% of 2620 companies
in the Industrial Products industry
Industry Median: 0.28 vs NSE:TIIL: 0.44

Technocraft Industries (India) Debt-to-Equity Historical Data

The historical data trend for Technocraft Industries (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.

Technocraft Industries (India) Debt-to-Equity Chart

Technocraft Industries (India) Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.70

0.44

0.38

0.46

0.40

Technocraft Industries (India) 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															N/A	0.40	N/A	0.44	N/A

Competitive Comparison of Technocraft Industries (India)'s Debt-to-Equity

For the Tools & Accessories subindustry, Technocraft Industries (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.

Technocraft Industries (India)'s Debt-to-Equity Distribution in the Industrial Products Industry

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

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

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Technocraft Industries (India) Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Technocraft Industries (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
	=	(5478.791	+	1277.606)	/	16750.086
	=	0.40

Technocraft Industries (India)'s Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(0	+	0)	/	0
	=	N/A

Technocraft Industries (India) (NSE:TIIL) 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.

Technocraft Industries (India) Debt-to-Equity Related Terms

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Technocraft Industries (India) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Technocraft Industries (India) Ltd (NSE:TIIL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

532804:India

Address

Road No. 3, Technocraft House, A-25, MIDC Industrial Estate, Andheri (East), Mumbai, MH, IND, 400093

Website

https://www.technocraftgroup.com

Technocraft Industries (India) Ltd is an India-based company engaged in drum closures, scaffolding, engineering, and textile businesses. It offers various products, including steel plated drum closures, stainless steel drum closures, steel lacquer drum closures, nylon plugs; knitted and crocheted cotton fabrics, tubes, and scaffolding. The company's segments include Drum Closures, Scaffoldings, Engineering and Design, Yarn, Fabric, and Others. Maximum revenue is derived from its scaffolding division. Geographically, the company caters to both Indian and international markets of which, maximum revenue is derived from its customers located outside India.

Technocraft Industries (India) Headlines

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