Vallabh Steels (BOM:513397) Debt-to-Equity : N/A (As of Dec. 2023)

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What is Vallabh Steels Debt-to-Equity?

Vallabh Steels's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.00 Mil. Vallabh Steels's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.00 Mil. Vallabh Steels's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹0.00 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 Vallabh Steels's Debt-to-Equity or its related term are showing as below:

BOM:513397' s Debt-to-Equity Range Over the Past 10 Years
Min: -28.11 Med: 0.98 Max: 107.39
Current: -2.34

During the past 13 years, the highest Debt-to-Equity Ratio of Vallabh Steels was 107.39. The lowest was -28.11. And the median was 0.98.

BOM:513397's Debt-to-Equity is not ranked
in the Steel industry.
Industry Median: 0.4 vs BOM:513397: -2.34

Vallabh Steels Debt-to-Equity Historical Data

The historical data trend for Vallabh Steels'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.

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Vallabh Steels Debt-to-Equity Chart

Vallabh Steels Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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1.01

2.17

107.39

-5.26

-2.46

Vallabh Steels 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	-2.46	N/A	-2.34	N/A

Competitive Comparison of Vallabh Steels's Debt-to-Equity

For the Steel subindustry, Vallabh Steels'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.

Vallabh Steels's Debt-to-Equity Distribution in the Steel Industry

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

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

Vallabh Steels Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Vallabh Steels'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
	=	(406.073	+	57.227)	/	-188.709
	=	-2.46

Vallabh Steels'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

Vallabh Steels (BOM:513397) 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.

Vallabh Steels Debt-to-Equity Related Terms

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Vallabh Steels (BOM:513397) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Vallabh Steels Ltd (BOM:513397) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

G.T. Road, Village Pawa, Sahnewal, Ludhiana, PB, IND, 141120

Website

https://www.vallabhsteelsltd.in

Vallabh Steels Ltd is an Indian firm operating in a single segment of the iron and steel industry engaged in the manufacturing and marketing of galvanized steel pipes and cold rolled steel strips and coils. The firm manufactures mild steel electric resistance weld black and galvanized pipes suitable for various industrial and household applications. It also produces precision tubes made of cold-rolled close annealed, to meet the needs of the automobile industry and the general engineering industry.

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