GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Quality RO Industries Ltd (BOM:543460) » Definitions » Debt-to-Equity

Quality RO Industries (BOM:543460) Debt-to-Equity : 0.19 (As of Sep. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Quality RO Industries Debt-to-Equity?

Quality RO Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹4.58 Mil. Quality RO Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹11.90 Mil. Quality RO Industries's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹87.38 Mil. Quality RO Industries's debt to equity for the quarter that ended in Sep. 2023 was 0.19.

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

BOM:543460' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.19   Med: 0.45   Max: 0.62
Current: 0.19

During the past 2 years, the highest Debt-to-Equity Ratio of Quality RO Industries was 0.62. The lowest was 0.19. And the median was 0.45.

BOM:543460's Debt-to-Equity is ranked better than
61.69% of 2631 companies
in the Industrial Products industry
Industry Median: 0.29 vs BOM:543460: 0.19

Quality RO Industries Debt-to-Equity Historical Data

The historical data trend for Quality RO 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.

Quality RO Industries Debt-to-Equity Chart

Quality RO Industries Annual Data
Trend Mar22 Mar23
Debt-to-Equity
0.60 0.29

Quality RO Industries Semi-Annual Data
Sep21 Mar22 Sep22 Mar23 Sep23
Debt-to-Equity N/A 0.60 0.62 0.29 0.19

Competitive Comparison of Quality RO Industries's Debt-to-Equity

For the Pollution & Treatment Controls subindustry, Quality RO 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.

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

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

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


Quality RO Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Quality RO 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
=(13.628 + 10.446) / 82.295
=0.29

Quality RO Industries's Debt to Equity Ratio for the quarter that ended in Sep. 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
=(4.582 + 11.903) / 87.376
=0.19

* 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.

Quality RO Industries  (BOM:543460) 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.

Quality RO Industries Debt-to-Equity Related Terms

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

Quality RO Industries (BOM:543460) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Quality RO Industries Ltd (BOM:543460) » Definitions » Debt-to-Equity
Comparable Companies
BOM:539098 NSE:BANKA VLTO XBRU:UMI ZWS FSS TSE:6370 SZSE:300390 OSTO:MTRS SHSE:600388 SHSE:603279 ATMU TSE:6368 HKSE:00586 SZSE:000544 TSE:7004 ERII BOM:500214 TSE:6013 MIL:GVS
Traded in Other Exchanges
N/A
Address
Plot No. 09, POR Industrial Park, NH 08 Behind Sahayog Hotel, Village PO, Vadodara, GJ, IND, 391243
Website
https://www.qualityro.in
Quality RO Industries Ltd is engaged in the business of manufacturing, marketing, and supplying components for water purifiers and softener equipment. These water purifier parts have been designed to make a proper fit for RO plants and systems of different varieties, as we produce strictly according to industry standards. The company is at present engaged in the business of Trading and Manufacturing RO products and Transportation activities, which constitute two business segments. The prime revenue generator is the trading and manufacturing of the RO products segment.

Quality RO Industries (BOM:543460) Headlines

No Headlines