Mukat Pipes (BOM:523832) Debt-to-Equity : -0.52 (As of Mar. 2024)

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What is Mukat Pipes Debt-to-Equity?

Mukat Pipes's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0.00 Mil. Mukat Pipes's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹35.52 Mil. Mukat Pipes's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹-68.37 Mil. Mukat Pipes's debt to equity for the quarter that ended in Mar. 2024 was -0.52.

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 Mukat Pipes's Debt-to-Equity or its related term are showing as below:

BOM:523832' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.82 Med: -0.52 Max: -0.5
Current: -0.52

During the past 13 years, the highest Debt-to-Equity Ratio of Mukat Pipes was -0.50. The lowest was -0.82. And the median was -0.52.

BOM:523832's Debt-to-Equity is not ranked
in the Steel industry.
Industry Median: 0.41 vs BOM:523832: -0.52

Mukat Pipes Debt-to-Equity Historical Data

The historical data trend for Mukat Pipes'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.

Mukat Pipes Debt-to-Equity Chart

Mukat Pipes Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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-0.52

-0.53

-0.52

-0.50

-0.52

Mukat Pipes Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															-0.50	N/A	-0.51	N/A	-0.52

Competitive Comparison of Mukat Pipes's Debt-to-Equity

For the Steel subindustry, Mukat Pipes'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.

Mukat Pipes's Debt-to-Equity Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Mukat Pipes's Debt-to-Equity distribution charts can be found below:

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

Mukat Pipes Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mukat Pipes'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
	=	(0	+	35.524)	/	-68.368
	=	-0.52

Mukat Pipes's Debt to Equity Ratio for the quarter 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
	=	(0	+	35.524)	/	-68.368
	=	-0.52

Mukat Pipes (BOM:523832) 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.

Mukat Pipes Debt-to-Equity Related Terms

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Mukat Pipes (BOM:523832) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Mukat Pipes Ltd (BOM:523832) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

J.P. Road, Versova, Flat Number 39, Parag Apartments, 7th Floor, Andheri (West), Mumbai, MH, IND, 400061

Website

https://www.mukatpipes.com

Mukat Pipes Ltd is an India-based company that operates in the business of pipes. The company is involved in the manufacturing of Longitudinal and helical pipes. The product offered by the company includes MS shells for Infrastructure, Longitudinal Submerged Arc Welded (SAW) pipes; Spiral SAW pipes; Site pipe fabrication, and Penstock pipes. Geographically, the group operates in India.

Mukat Pipes (BOM:523832) Headlines

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