Modern Insulators (BOM:515008) Debt-to-Equity : N/A (As of Dec. 2023)

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What is Modern Insulators Debt-to-Equity?

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

BOM:515008' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.26 Max: 0.36
Current: 0.01

During the past 12 years, the highest Debt-to-Equity Ratio of Modern Insulators was 0.36. The lowest was 0.01. And the median was 0.26.

BOM:515008's Debt-to-Equity is ranked better than
99.95% of 2193 companies
in the Hardware industry
Industry Median: 0.29 vs BOM:515008: 0.01

Modern Insulators Debt-to-Equity Historical Data

The historical data trend for Modern Insulators'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.

Modern Insulators Debt-to-Equity Chart

Modern Insulators Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

Get a 7-Day Free Trial

0.33

0.07

0.02

Modern Insulators 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	0.02	N/A	0.01	N/A

Competitive Comparison of Modern Insulators's Debt-to-Equity

For the Electronic Components subindustry, Modern Insulators'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.

Modern Insulators's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Modern Insulators's Debt-to-Equity distribution charts can be found below:

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

Modern Insulators Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Modern Insulators'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
	=	(77.736	+	2.469)	/	3886.737
	=	0.02

Modern Insulators'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

Modern Insulators (BOM:515008) 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.

Modern Insulators Debt-to-Equity Related Terms

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

Modern Insulators (BOM:515008) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Modern Insulators Ltd (BOM:515008) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Pochkhanwala Road, 68/69, Godavari, Worli, Mumbai, MH, IND, 400030

Website

https://www.moderninsulators.com

Modern Insulators Ltd manufactures high-voltage alumina porcelain insulators in India. Hollow porcelain insulators, solid core post insulators, long rod insulators, and railway insulators are among the company's products. The company's operating segment includes Insulators and Terry Towels. It generates maximum revenue from Insulators segment. Geographically, it derives a majority of its revenue from India.

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