Ceeta Industries (BOM:514171) Debt-to-Equity : N/A (As of Dec. 2023)

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What is Ceeta Industries Debt-to-Equity?

Ceeta Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.0 Mil. Ceeta Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.0 Mil. Ceeta Industries's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹0.0 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 Ceeta Industries's Debt-to-Equity or its related term are showing as below:

BOM:514171' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.03 Max: 0.53
Current: 0.53

During the past 13 years, the highest Debt-to-Equity Ratio of Ceeta Industries was 0.53. The lowest was 0.03. And the median was 0.03.

BOM:514171's Debt-to-Equity is ranked worse than
58.36% of 610 companies
in the Capital Markets industry
Industry Median: 0.36 vs BOM:514171: 0.53

Ceeta Industries Debt-to-Equity Historical Data

The historical data trend for Ceeta Industries'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.

Ceeta Industries Debt-to-Equity Chart

Ceeta Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.03

0.44

Ceeta Industries Quarterly Data
	Dec18	Mar19	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	0.44	N/A	0.53	N/A

Competitive Comparison of Ceeta Industries's Debt-to-Equity

For the Capital Markets subindustry, Ceeta Industries'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.

Ceeta Industries's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Ceeta Industries's Debt-to-Equity distribution charts can be found below:

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

Ceeta Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ceeta Industries'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
	=	(39.978	+	75.985)	/	261.059
	=	0.44

Ceeta Industries'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

Ceeta Industries (BOM:514171) 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.

Ceeta Industries Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Ceeta Industries's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Ceeta Industries (BOM:514171) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Ceeta Industries Ltd (BOM:514171) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Damodar House, 1/A, Vansittart Row, 1st Floor, Kolkata, WB, IND, 700001

Website

https://www.ceeta.com

Ceeta Industries Ltd is engaged in manufacturing and trading in different business verticals. The Company has three segments viz. granite division engaged in manufacturing granite products, the Granite Division, which is engaged in manufacturing/trading granite products, and Others. Other operations comprise of trading transactions such as brokerage, commission, transportation, interest income on short-term lending, and miscellaneous services. The company generates the majority of its revenue from Other Operations.

Ceeta Industries (BOM:514171) Headlines

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