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Riddhi Steel and Tube (BOM:540082) Debt-to-Revenue : 0.40 (As of Sep. 2024)


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What is Riddhi Steel and Tube Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Riddhi Steel and Tube's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹867 Mil. Riddhi Steel and Tube's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹356 Mil. Riddhi Steel and Tube's annualized Revenue for the quarter that ended in Sep. 2024 was ₹3,092 Mil. Riddhi Steel and Tube's annualized Debt-to-Revenue for the quarter that ended in Sep. 2024 was 0.40.


Riddhi Steel and Tube Debt-to-Revenue Historical Data

The historical data trend for Riddhi Steel and Tube's Debt-to-Revenue 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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Riddhi Steel and Tube Debt-to-Revenue Chart

Riddhi Steel and Tube Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.34 0.33 0.42 0.40 0.40

Riddhi Steel and Tube Semi-Annual Data
Mar14 Mar15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Debt-to-Revenue 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 0.38 0.42 0.37 0.38 0.40

Competitive Comparison of Riddhi Steel and Tube's Debt-to-Revenue

For the Steel subindustry, Riddhi Steel and Tube's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.


Riddhi Steel and Tube's Debt-to-Revenue Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Riddhi Steel and Tube's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Riddhi Steel and Tube's Debt-to-Revenue falls into.


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Riddhi Steel and Tube Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Riddhi Steel and Tube's Debt-to-Revenue for the fiscal year that ended in Mar. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(918.158 + 403.637) / 3275.739
=0.40

Riddhi Steel and Tube's annualized Debt-to-Revenue for the quarter that ended in Sep. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(866.743 + 356.256) / 3091.826
=0.40

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is two times the quarterly (Sep. 2024) Revenue data.


Riddhi Steel and Tube Debt-to-Revenue Related Terms

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Riddhi Steel and Tube Business Description

Traded in Other Exchanges
N/A
Address
Piplaj Pirana Road, 83/84, Village - Kamod, Opposite Devraj Industrial Park, Post- Aslali, Ahmedabad, GJ, IND, 382427
Riddhi Steel and Tube Ltd is engaged in manufacturing and galvanized steel pipes in various sizes, tubes, and hollow profiles and of tube and pipe fittings of cast iron or cast steel. The product line of the company includes MS ERW Black, Pre-Galvanised Pipes, and Galvanised Pipes which are used in agriculture, industry, and construction activities like scaffolding and casing in bore wells; Square and Rectangular Hollow Sections used in engineering applications; Pre-Galvanised Pipes used by various manufacturers. The company generates all of its revenue from Domestic sales.

Riddhi Steel and Tube Headlines

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