Lesha Industries (BOM:533602) Debt-to-Equity : N/A (As of Dec. 2023)

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What is Lesha Industries Debt-to-Equity?

Lesha Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.00 Mil. Lesha Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.00 Mil. Lesha Industries's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹0.00 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 Lesha Industries's Debt-to-Equity or its related term are showing as below:

BOM:533602' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.22 Max: 0.55
Current: 0.03

During the past 13 years, the highest Debt-to-Equity Ratio of Lesha Industries was 0.55. The lowest was 0.01. And the median was 0.22.

BOM:533602's Debt-to-Equity is ranked better than
94.21% of 553 companies
in the Steel industry
Industry Median: 0.4 vs BOM:533602: 0.03

Lesha Industries Debt-to-Equity Historical Data

The historical data trend for Lesha 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.

Lesha Industries Debt-to-Equity Chart

Lesha Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

Get a 7-Day Free Trial

0.27

0.21

0.03

0.02

0.01

Lesha Industries 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	0.01	N/A	0.03	N/A

Competitive Comparison of Lesha Industries's Debt-to-Equity

For the Steel subindustry, Lesha 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.

Lesha Industries's Debt-to-Equity Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Lesha Industries's Debt-to-Equity distribution charts can be found below:

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

Lesha Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Lesha 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
	=	(1.755	+	0)	/	182.58
	=	0.01

Lesha Industries'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

Lesha Industries (BOM:533602) 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.

Lesha Industries Debt-to-Equity Related Terms

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

Lesha Industries (BOM:533602) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Lesha Industries Ltd (BOM:533602) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mithakhali Six Roads, 7th Floor, Ashoka Chambers, Ahmedabad, GJ, IND, 380006

Website

https://www.lesha.in

Lesha Industries Ltd is an Indian based company engaged in trading of various steel products, trading of goods and dealing in Shares and securities. The business activities of the group are functioned through the segments which include Steel, Shares/Commodity, Trading of Goods, and Others. Geographically activities are conducted through the region of India and it derives most of the revenue from the trading of goods segment.

Lesha Industries (BOM:533602) Headlines

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