Maks Energy Solutions India (NSE:MAKS) Debt-to-Equity : 0.80 (As of Mar. 2023)

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What is Maks Energy Solutions India Debt-to-Equity?

Maks Energy Solutions India's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹122.3 Mil. Maks Energy Solutions India's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹5.8 Mil. Maks Energy Solutions India's Total Stockholders Equity for the quarter that ended in Mar. 2023 was ₹160.6 Mil. Maks Energy Solutions India's debt to equity for the quarter that ended in Mar. 2023 was 0.80.

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 Maks Energy Solutions India's Debt-to-Equity or its related term are showing as below:

NSE:MAKS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.8 Med: 1.54 Max: 1.62
Current: 0.8

During the past 4 years, the highest Debt-to-Equity Ratio of Maks Energy Solutions India was 1.62. The lowest was 0.80. And the median was 1.54.

NSE:MAKS's Debt-to-Equity is ranked worse than
81.33% of 2624 companies
in the Industrial Products industry
Industry Median: 0.29 vs NSE:MAKS: 0.80

Maks Energy Solutions India Debt-to-Equity Historical Data

The historical data trend for Maks Energy Solutions India'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.

Maks Energy Solutions India Debt-to-Equity Chart

Maks Energy Solutions India Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

1.49

1.59

1.62

0.80

Maks Energy Solutions India Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23
Debt-to-Equity	1.49	1.59	1.62	0.80

Competitive Comparison of Maks Energy Solutions India's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Maks Energy Solutions India'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.

Maks Energy Solutions India's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Maks Energy Solutions India's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Maks Energy Solutions India's Debt-to-Equity falls into.

Maks Energy Solutions India Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Maks Energy Solutions India'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
	=	(122.28	+	5.752)	/	160.618
	=	0.80

Maks Energy Solutions India's Debt to Equity Ratio for the quarter 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
	=	(122.28	+	5.752)	/	160.618
	=	0.80

Maks Energy Solutions India (NSE:MAKS) 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.

Maks Energy Solutions India Debt-to-Equity Related Terms

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

Maks Energy Solutions India (NSE:MAKS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Maks Energy Solutions India Ltd (NSE:MAKS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shubham Society, Showroom-1, 599/600 Rasta Peth, Near- Parsi Agyari, Pune, MH, IND, 411011

Website

https://www.maksgenerators.com

Maks Energy Solutions India Ltd is engaged in the business of trading, dealing, assembling, selling, installing, testing, and commissioning generator and Diesel Generator sets. The company's products include Tata generators, Cummins generators, Perkins generators, and Spare parts. The company also has dealers outside India in Europe, Latin America, the USA, Singapore, the Middle East, Africa, Thailand, Nepal, Sri Lanka, and many other countries.

Maks Energy Solutions India (NSE:MAKS) Headlines

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