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Global Pet Industries (NSE:GLOBALPET) Debt-to-Equity : 0.00 (As of Mar. 2022)


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What is Global Pet Industries Debt-to-Equity?

Global Pet Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was ₹0.0 Mil. Global Pet Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was ₹0.0 Mil. Global Pet Industries's Total Stockholders Equity for the quarter that ended in Mar. 2022 was ₹70.4 Mil. Global Pet Industries's debt to equity for the quarter that ended in Mar. 2022 was 0.00.

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

NSE:GLOBALPET's Debt-to-Equity is not ranked *
in the Industrial Products industry.
Industry Median: 0.29
* Ranked among companies with meaningful Debt-to-Equity only.

Global Pet Industries Debt-to-Equity Historical Data

The historical data trend for Global Pet 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.

Global Pet Industries Debt-to-Equity Chart

Global Pet Industries Annual Data
Trend Mar20 Mar21 Mar22
Debt-to-Equity
0.05 - -

Global Pet Industries Semi-Annual Data
Mar20 Mar21 Mar22
Debt-to-Equity 0.05 - -

Competitive Comparison of Global Pet Industries's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Global Pet 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.

Global Pet Industries's Debt-to-Equity Distribution in the Industrial Products Industry

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

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


Global Pet Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Global Pet Industries's Debt to Equity Ratio for the fiscal year that ended in Mar. 2022 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) / 70.446
=0.00

Global Pet Industries's Debt to Equity Ratio for the quarter that ended in Mar. 2022 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) / 70.446
=0.00

* 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.

Global Pet Industries  (NSE:GLOBALPET) 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.

Global Pet Industries Debt-to-Equity Related Terms

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

Global Pet Industries (NSE:GLOBALPET) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Global Pet Industries Ltd (NSE:GLOBALPET) » Definitions » Debt-to-Equity
Comparable Companies
NSE:AUROIMPEX BOM:537326 NSE:SCML BOM:505324 NSE:PENTAGON BOM:513709 NSE:MAKS BOM:504286 BOM:505216 BOM:517546 GE XTER:SIE XPAR:SU ETN ITW XKRX:373220 OSTO:ATCO A EMR PH AME
Traded in Other Exchanges
N/A
Address
Unit Nos. 8 to 15, 108 & 109, Karishma Industrial Estate, Survey No. 36, Hissa No. 5, Village Waliv, Dhumal Nagar, Near Rashmi Bungalow, Vasai East, Palghar, Vasai, MH, IND, 401208
Website
https://www.globalpetind.com
Global Pet Industries Ltd is engaged in manufacturing of PET Stretch Blow Moulding Machine which is used for manufacturing of machine which is suitable in the business segment of Pet stretch below moulding solutions from 50ml to 20 Litres of PET bottles such as fridge bottles, packaged drinking mineral water bottles, carbonated soft drinks bottles, hot fill juice bottles, edible oil bottles, liquid detergent bottles, cosmetic products bottles, confectionery jars, Pharma bottles, liquor & distilleries bottles, pesticides bottles, etc. Apart from manufacturing of PET Stretch Blow Moulding Machine, the company also provides after-sales services such as providing spares, components, accessories and providing repairs and maintenance of the machines after delivery.

Global Pet Industries (NSE:GLOBALPET) Headlines

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