Ratnaveer Precision Engineering (BOM:543978) Debt-to-Revenue : 0.35 (As of Mar. 2024)

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What is Ratnaveer Precision Engineering Debt-to-Revenue?

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

Ratnaveer Precision Engineering's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹1,733 Mil. Ratnaveer Precision Engineering's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹339 Mil. Ratnaveer Precision Engineering's annualized Revenue for the quarter that ended in Mar. 2024 was ₹5,954 Mil. Ratnaveer Precision Engineering's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.35.

Ratnaveer Precision Engineering Debt-to-Revenue Historical Data

The historical data trend for Ratnaveer Precision Engineering'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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Ratnaveer Precision Engineering Debt-to-Revenue Chart

Ratnaveer Precision Engineering Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Revenue

0.47

0.42

0.44

0.48

0.35

Ratnaveer Precision Engineering Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23	Mar24
Debt-to-Revenue	0.47	0.42	0.44	0.48	0.35

Competitive Comparison of Ratnaveer Precision Engineering's Debt-to-Revenue

For the Steel subindustry, Ratnaveer Precision Engineering'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.

Ratnaveer Precision Engineering's Debt-to-Revenue Distribution in the Steel Industry

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

* The bar in red indicates where Ratnaveer Precision Engineering's Debt-to-Revenue falls into.

Ratnaveer Precision Engineering Debt-to-Revenue Calculation

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

Ratnaveer Precision Engineering'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
	=	(1733.01	+	339.39)	/	5953.79
	=	0.35

Ratnaveer Precision Engineering's annualized Debt-to-Revenue for the quarter 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
	=	(1733.01	+	339.39)	/	5953.79
	=	0.35

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 one times the quarterly (Mar. 2024) Revenue data.

Ratnaveer Precision Engineering Debt-to-Revenue Related Terms

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Ratnaveer Precision Engineering (BOM:543978) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Ratnaveer Precision Engineering Ltd (BOM:543978) » Definitions » Debt-to-Revenue

Traded in Other Exchanges

RATNAVEER:India

Address

Plot no. E-77, G.I.D.C, Savli (Manjusar), Vadodara, GJ, IND, 391 775

Website

https://www.ratnaveer.com

Ratnaveer Precision Engineering Ltd is a stainless steel (SS) product manufacturer focused on producing finished sheets, washers, solar roofing hooks, pipes and tubes. It manufactures finishing sheets, washers and solar mounting hooks at Unit I and SS pipes & tubes at Unit II. Unit III and Unit IV are dedicated to the backward integration process where Unit III is the melting unit where the company melts steel scrap and turns it into steel ingots and Unit IV is the rolling unit where flat ingots are further processed to turn them into sheets which are the raw material for washers.

Ratnaveer Precision Engineering (BOM:543978) Headlines

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