RCI Industries & Technologies (BOM:537254) Debt-to-Equity : -1.83 (As of Sep. 2022)

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What is RCI Industries & Technologies Debt-to-Equity?

RCI Industries & Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was ₹2,178.6 Mil. RCI Industries & Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was ₹175.5 Mil. RCI Industries & Technologies's Total Stockholders Equity for the quarter that ended in Sep. 2022 was ₹-1,284.3 Mil. RCI Industries & Technologies's debt to equity for the quarter that ended in Sep. 2022 was -1.83.

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 RCI Industries & Technologies's Debt-to-Equity or its related term are showing as below:

BOM:537254's Debt-to-Equity is not ranked ^*
in the Metals & Mining industry.
Industry Median: 0.13
* Ranked among companies with meaningful Debt-to-Equity only.

RCI Industries & Technologies Debt-to-Equity Historical Data

The historical data trend for RCI Industries & Technologies'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.

RCI Industries & Technologies Debt-to-Equity Chart

RCI Industries & Technologies Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Debt-to-Equity

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0.53

0.55

2.19

-4.65

-1.92

RCI Industries & Technologies Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Debt-to-Equity	Get a 7-Day Free Trial															-3.06	N/A	-1.92	N/A	-1.83

Competitive Comparison of RCI Industries & Technologies's Debt-to-Equity

For the Copper subindustry, RCI Industries & Technologies'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.

RCI Industries & Technologies's Debt-to-Equity Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, RCI Industries & Technologies's Debt-to-Equity distribution charts can be found below:

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

RCI Industries & Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

RCI Industries & Technologies'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
	=	(2163.237	+	172.155)	/	-1215.408
	=	-1.92

RCI Industries & Technologies's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(2178.641	+	175.519)	/	-1284.322
	=	-1.83

RCI Industries & Technologies (BOM:537254) 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.

RCI Industries & Technologies Debt-to-Equity Related Terms

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

RCI Industries & Technologies (BOM:537254) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » RCI Industries & Technologies Ltd (BOM:537254) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

4th Florr Pearl Omaxe Tower,, Unit Number 421,, Pitampura, New Delhi, Delhi, IND, 110052

Website

https://www.rciind.com

RCI Industries & Technologies Ltd is engaged in the manufacturing of copper products in India. The company's product categories include Brass, Bronze, Copper, Nickel, Solder, Stainless steel, and Aluminium. Its products are applicable in sectors like automobile, engineering, defence, construction, electronics, among others. It involves into B2C segment for the production of copper cables, LED Lights, and Home Appliances under the brand name RIKAYAA. Geographically, it derives substantial revenue from India and has operations in the Middle East and African countries.

RCI Industries & Technologies (BOM:537254) Headlines

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