Simmonds Marshall (BOM:507998) Debt-to-Equity : N/A (As of Dec. 2023)

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What is Simmonds Marshall Debt-to-Equity?

Simmonds Marshall's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Simmonds Marshall's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Simmonds Marshall'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 Simmonds Marshall's Debt-to-Equity or its related term are showing as below:

BOM:507998' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.44 Med: 0.81 Max: 2.58
Current: 2.44

During the past 13 years, the highest Debt-to-Equity Ratio of Simmonds Marshall was 2.58. The lowest was 0.44. And the median was 0.81.

BOM:507998's Debt-to-Equity is ranked worse than
97.03% of 2629 companies
in the Industrial Products industry
Industry Median: 0.29 vs BOM:507998: 2.44

Simmonds Marshall Debt-to-Equity Historical Data

The historical data trend for Simmonds Marshall'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.

Simmonds Marshall Debt-to-Equity Chart

Simmonds Marshall Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.55

0.81

2.28

2.55

2.58

Simmonds Marshall 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	2.58	N/A	2.44	N/A

Competitive Comparison of Simmonds Marshall's Debt-to-Equity

For the Tools & Accessories subindustry, Simmonds Marshall'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.

Simmonds Marshall's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Simmonds Marshall's Debt-to-Equity distribution charts can be found below:

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

Simmonds Marshall Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Simmonds Marshall'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
	=	(322.802	+	517.264)	/	325.286
	=	2.58

Simmonds Marshall'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

Simmonds Marshall (BOM:507998) 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.

Simmonds Marshall Debt-to-Equity Related Terms

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Simmonds Marshall (BOM:507998) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Simmonds Marshall Ltd (BOM:507998) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

5, Wallace Street, Apeejay Chambers, Fort, Mumbai, MH, IND, 400001

Website

http://www.simmondsmarshall.com

Simmonds Marshall Ltd is a manufacturer of industrial fasteners. It caters to the automotive and industrial sectors and supplies to almost all the major automobile manufacturers in India as original equipment suppliers. The company product range comprises of Cleveloc and all metal self-locking nuts, Dome cap, Slotted and castle, Nylon insert self-locking nuts, Bolts and Studs. It operates in two geographical segments: India and other countries, of which maximum revenue is derived from India.

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