Shree Pacetronix (BOM:527005) Debt-to-Equity : N/A (As of Dec. 2023)

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What is Shree Pacetronix Debt-to-Equity?

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

BOM:527005' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.23 Med: 0.47 Max: 0.73
Current: 0.32

During the past 13 years, the highest Debt-to-Equity Ratio of Shree Pacetronix was 0.73. The lowest was 0.23. And the median was 0.47.

BOM:527005's Debt-to-Equity is ranked worse than
58.66% of 704 companies
in the Medical Devices & Instruments industry
Industry Median: 0.215 vs BOM:527005: 0.32

Shree Pacetronix Debt-to-Equity Historical Data

The historical data trend for Shree Pacetronix'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.

Shree Pacetronix Debt-to-Equity Chart

Shree Pacetronix Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.73

0.60

0.57

0.47

0.23

Shree Pacetronix 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	0.23	N/A	0.32	N/A

Competitive Comparison of Shree Pacetronix's Debt-to-Equity

For the Medical Instruments & Supplies subindustry, Shree Pacetronix'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.

Shree Pacetronix's Debt-to-Equity Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Shree Pacetronix's Debt-to-Equity distribution charts can be found below:

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

Shree Pacetronix Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shree Pacetronix'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
	=	(18.299	+	3.564)	/	96.735
	=	0.23

Shree Pacetronix'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

Shree Pacetronix (BOM:527005) 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.

Shree Pacetronix Debt-to-Equity Related Terms

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

Shree Pacetronix (BOM:527005) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Shree Pacetronix Ltd (BOM:527005) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot Number 15, Sector II, Industrial Area, District Dhar, Pithampur, MP, IND, 454775

Website

https://www.pacetronix.com

Shree Pacetronix Ltd is engaged in the manufacturing of medical and surgical equipment and orthopedic appliances. It is in the business of manufacturing and selling Implantable Cardiac Pacemakers. Pacemakers are anti-bradycardia implantable devices intended for permanent ventricular or atrial pacing applications. The Company is engaged in only one segment i.e. manufacturing of pacemakers. It sells its life-saving devices in India and internationally, of which the majority of revenue is generated from the sales made in India.

Shree Pacetronix (BOM:527005) Headlines

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