Remsons Industries (BOM:530919) Debt-to-Equity : N/A (As of Dec. 2023)

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What is Remsons Industries Debt-to-Equity?

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

BOM:530919' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.19 Med: 1.59 Max: 2.56
Current: 1.67

During the past 13 years, the highest Debt-to-Equity Ratio of Remsons Industries was 2.56. The lowest was 1.19. And the median was 1.59.

BOM:530919's Debt-to-Equity is ranked worse than
88.64% of 1171 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs BOM:530919: 1.67

Remsons Industries Debt-to-Equity Historical Data

The historical data trend for Remsons 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.

Remsons Industries Debt-to-Equity Chart

Remsons Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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1.23

1.22

2.54

2.35

1.95

Remsons 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															N/A	1.95	N/A	1.67	N/A

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

For the Auto Parts subindustry, Remsons 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.

Remsons Industries's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Remsons Industries's Debt-to-Equity distribution charts can be found below:

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

Remsons Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Remsons 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
	=	(467.953	+	356.58)	/	422.66
	=	1.95

Remsons 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

Remsons Industries (BOM:530919) 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.

Remsons Industries Debt-to-Equity Related Terms

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

Remsons Industries (BOM:530919) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Remsons Industries Ltd (BOM:530919) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

REMSONSIND:India

Address

Hanuman Road, 401, 4th Floor, Gladdiola, Vile Parle (East), Mumbai, MH, IND, 400 057

Website

https://www.remsons.com

Remsons Industries Ltd is engaged in the manufacturing of automotive components parts and all its products. The company manufactures automotive control cables, flexible shafts, push-pull cables, combi brake systems, Winches, Jack kits, Pedal box assembly and gear shifter assembly. Geographically, it derives a majority of revenue from India.

Remsons Industries (BOM:530919) Headlines

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