Rajoo Engineers (BOM:522257) Debt-to-Equity : 0.01 (As of Mar. 2024)

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What is Rajoo Engineers Debt-to-Equity?

Rajoo Engineers's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹13 Mil. Rajoo Engineers's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹4 Mil. Rajoo Engineers's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹1,267 Mil. Rajoo Engineers's debt to equity for the quarter that ended in Mar. 2024 was 0.01.

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 Rajoo Engineers's Debt-to-Equity or its related term are showing as below:

BOM:522257' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.12 Max: 0.27
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Rajoo Engineers was 0.27. The lowest was 0.00. And the median was 0.12.

BOM:522257's Debt-to-Equity is ranked better than
99.96% of 2626 companies
in the Industrial Products industry
Industry Median: 0.29 vs BOM:522257: 0.01

Rajoo Engineers Debt-to-Equity Historical Data

The historical data trend for Rajoo Engineers'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.

Rajoo Engineers Debt-to-Equity Chart

Rajoo Engineers Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.12

0.04

0.02

0.01

Rajoo Engineers 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															0.02	N/A	0.02	N/A	0.01

Competitive Comparison of Rajoo Engineers's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Rajoo Engineers'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.

Rajoo Engineers's Debt-to-Equity Distribution in the Industrial Products Industry

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

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

Rajoo Engineers Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Rajoo Engineers'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
	=	(13.106	+	3.576)	/	1266.653
	=	0.01

Rajoo Engineers'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
	=	(13.106	+	3.576)	/	1266.653
	=	0.01

Rajoo Engineers (BOM:522257) 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.

Rajoo Engineers Debt-to-Equity Related Terms

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

Rajoo Engineers (BOM:522257) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Rajoo Engineers Ltd (BOM:522257) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rajoo Avenue, Survey Number 210, Plot Number 1, Industrial Area, Veraval (Shapar), Rajkot, GJ, IND, 360 024

Website

https://www.rajoo.com

Rajoo Engineers Ltd manufactures and sells plastic processing machinery and post extrusion equipment. The company's products and solutions include Monolayer Blown Film Lines, Downward Extrusion Blown Film Lines, Multilayer Blown Film Lines, 5 Layer Polyolefin Dedicated, PS/PP/ABS Sheet Lines, PS/PE Foam Extrusion Lines, Thermoforming, PS Foam Vacuum Forming Machines, Twin Screw, Pipe Plant, Drip Irrigation Pipe Plant for Round, Flat Dripper, Lab Equipment and others. Company products apply to flexible packaging, agriculture, infrastructure, automobiles, food and beverages, pharmaceuticals, stationery, printing, etc. It serves the domestic and international markets and derives substantial revenue from the sale of services overseas.

Rajoo Engineers (BOM:522257) Headlines

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