Wires And Fabriks (SA) (BOM:507817) Debt-to-Equity : N/A (As of Dec. 2023)

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What is Wires And Fabriks (SA) Debt-to-Equity?

Wires And Fabriks (SA)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Wires And Fabriks (SA)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Wires And Fabriks (SA)'s Total Stockholders Equity for the quarter that ended in Dec. 2023 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 Wires And Fabriks (SA)'s Debt-to-Equity or its related term are showing as below:

BOM:507817' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.52 Med: 1.02 Max: 1.91
Current: 1.66

During the past 13 years, the highest Debt-to-Equity Ratio of Wires And Fabriks (SA) was 1.91. The lowest was 0.52. And the median was 1.02.

BOM:507817's Debt-to-Equity is ranked worse than
94.41% of 2631 companies
in the Industrial Products industry
Industry Median: 0.29 vs BOM:507817: 1.66

Wires And Fabriks (SA) Debt-to-Equity Historical Data

The historical data trend for Wires And Fabriks (SA)'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.

Wires And Fabriks (SA) Debt-to-Equity Chart

Wires And Fabriks (SA) Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.81

0.92

0.71

1.91

1.56

Wires And Fabriks (SA) Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															N/A	1.56	N/A	1.66	N/A

Competitive Comparison of Wires And Fabriks (SA)'s Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Wires And Fabriks (SA)'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.

Wires And Fabriks (SA)'s Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Wires And Fabriks (SA)'s Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Wires And Fabriks (SA)'s Debt-to-Equity falls into.

Wires And Fabriks (SA) Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Wires And Fabriks (SA)'s Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 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
	=	(173.82	+	563.095)	/	473.684
	=	1.56

Wires And Fabriks (SA)'s Debt to Equity Ratio for the quarter that ended in Dec. 2023 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

Wires And Fabriks (SA) (BOM:507817) 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.

Wires And Fabriks (SA) Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Wires And Fabriks (SA)'s Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Wires And Fabriks (SA) (BOM:507817) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Wires And Fabriks (SA) Ltd (BOM:507817) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

63, Industrial Area, Jhotwara, Jaipur, RJ, IND, 302012

Website

http://www.wirefabrik.com

Wires And Fabriks (SA) Ltd manufactures and supplies of paper machine clothing in India. It operates through one segment, Paper Mill Products. It offers a range of forming fabrics; woven dryer screens and spiral link dryer screens; pulp fabrics, including polyester, polyamide, or Kynar pulp fabrics; stuffed spiral screen and herringbone weave press belts. Geographically firm's majority revenue gets generated in India.

Wires And Fabriks (SA) (BOM:507817) Headlines

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