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Gratex Industries (BOM:526751) Debt-to-Equity : N/A (As of Dec. 2023)


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What is Gratex Industries Debt-to-Equity?

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

BOM:526751' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.03   Max: 0.16
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Gratex Industries was 0.16. The lowest was 0.01. And the median was 0.03.

BOM:526751's Debt-to-Equity is ranked better than
99.74% of 382 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.33 vs BOM:526751: 0.01

Gratex Industries Debt-to-Equity Historical Data

The historical data trend for Gratex 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.

Gratex Industries Debt-to-Equity Chart

Gratex Industries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.04 0.03 0.04 0.02

Gratex Industries 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A 0.02 N/A 0.01 N/A

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

For the Furnishings, Fixtures & Appliances subindustry, Gratex 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.


Gratex Industries's Debt-to-Equity Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Gratex Industries's Debt-to-Equity distribution charts can be found below:

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



Gratex Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Gratex Industries's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Gratex Industries's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Gratex Industries  (BOM:526751) 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.


Gratex Industries Debt-to-Equity Related Terms

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


Gratex Industries (BOM:526751) Business Description

Traded in Other Exchanges
N/A
Address
L. J. Road, 109, Kakad Udyog Bhavan, Mahim, Mumbai, MH, IND, 400016
Gratex Industries Ltd engages in the business of trading, reselling and wholesale of wallpapers and related products. Geographically all business activities of the firm are carried out in India. It earns most of its revenue through the sale of wallpaper and allied products.

Gratex Industries (BOM:526751) Headlines

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