Rasi Electrodes (BOM:531233) Debt-to-Equity : N/A (As of Dec. 2023)

View and export this data going back to 2001. Start your Free Trial

What is Rasi Electrodes Debt-to-Equity?

Rasi Electrodes's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.0 Mil. Rasi Electrodes's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.0 Mil. Rasi Electrodes's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹0.0 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 Rasi Electrodes's Debt-to-Equity or its related term are showing as below:

BOM:531233' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.21 Max: 0.36
Current: 0.05

During the past 13 years, the highest Debt-to-Equity Ratio of Rasi Electrodes was 0.36. The lowest was 0.05. And the median was 0.21.

BOM:531233's Debt-to-Equity is ranked better than
84.18% of 2630 companies
in the Industrial Products industry
Industry Median: 0.29 vs BOM:531233: 0.05

Rasi Electrodes Debt-to-Equity Historical Data

The historical data trend for Rasi Electrodes'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.

Rasi Electrodes Debt-to-Equity Chart

Rasi Electrodes Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

Get a 7-Day Free Trial

0.25

0.11

0.22

0.36

0.11

Rasi Electrodes 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	0.11	N/A	0.05	N/A

Competitive Comparison of Rasi Electrodes's Debt-to-Equity

For the Tools & Accessories subindustry, Rasi Electrodes'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.

Rasi Electrodes's Debt-to-Equity Distribution in the Industrial Products Industry

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

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

Rasi Electrodes Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Rasi Electrodes'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
	=	(31.773	+	0)	/	294.239
	=	0.11

Rasi Electrodes'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

Rasi Electrodes (BOM:531233) 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.

Rasi Electrodes Debt-to-Equity Related Terms

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

Rasi Electrodes (BOM:531233) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Rasi Electrodes Ltd (BOM:531233) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 21, Raja Annamalai Road, Flat A/14, Rams Apartment, 3rd Floor, Purasawalkam, Chennai, TN, IND, 600084

Website

http://www.rasielectrodes.com

Rasi Electrodes Ltd is an Indian company engaged in manufacturing welding consumables catering to the requirements of the Heavy Engineering and Light Engineering industries. The Company is a supplier of welding consumables under the brand name RASI for public-sector undertakings private-sector engineering conglomerates and other Original Equipment Manufacturers. The Company also deals in diverse welding products such as welding machines and accessories.

Rasi Electrodes (BOM:531233) Headlines

No Headlines