KEI Industries (BOM:517569) Debt-to-Equity : 0.05 (As of Mar. 2024)

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What is KEI Industries Debt-to-Equity?

KEI Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹1,404 Mil. KEI Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹258 Mil. KEI Industries's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹31,483 Mil. KEI Industries's debt to equity for the quarter that ended in Mar. 2024 was 0.05.

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 KEI Industries's Debt-to-Equity or its related term are showing as below:

BOM:517569' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.51 Max: 1.76
Current: 0.05

During the past 13 years, the highest Debt-to-Equity Ratio of KEI Industries was 1.76. The lowest was 0.05. And the median was 0.51.

BOM:517569's Debt-to-Equity is ranked better than
84.06% of 2629 companies
in the Industrial Products industry
Industry Median: 0.29 vs BOM:517569: 0.05

KEI Industries Debt-to-Equity Historical Data

The historical data trend for KEI 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.

KEI Industries Debt-to-Equity Chart

KEI Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.26

0.19

0.17

0.06

0.05

KEI Industries Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.06	N/A	0.07	N/A	0.05

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

For the Electrical Equipment & Parts subindustry, KEI 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.

KEI Industries's Debt-to-Equity Distribution in the Industrial Products Industry

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

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

KEI Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

KEI Industries's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 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
	=	(1403.88	+	258.41)	/	31482.64
	=	0.05

KEI Industries's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(1403.88	+	258.41)	/	31482.64
	=	0.05

KEI Industries (BOM:517569) 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.

KEI Industries Debt-to-Equity Related Terms

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

KEI Industries (BOM:517569) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » KEI Industries Ltd (BOM:517569) » Definitions » Debt-to-Equity

Traded in Other Exchanges

KEI:India

Address

D-90, Okhla Industrial Area, Phase-I, New Delhi, IND, 110 020

Website

https://www.kei-ind.com

KEI Industries Ltd is engaged in the manufacture and supply of power and other industrial cables. Its segments include the Wires and Cables Segment, Stainless Steel Wires Segment, Turnkey Projects/Engineering, Procurement and Construction (EPC) Projects Segment. The company generates maximum revenue from the Wires and Cables segment. Its Wires and Cables segment consists of extra high voltage (EHV), high tension (HT), and low tension (LT) power cables, control and instrumentation cables, winding wires, and flexible and house wires.

KEI Industries (BOM:517569) Headlines

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