Bansal Roofing Products (BOM:538546) Debt-to-Equity : N/A (As of Dec. 2023)

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What is Bansal Roofing Products Debt-to-Equity?

Bansal Roofing Products's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Bansal Roofing Products's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Bansal Roofing Products's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹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 Bansal Roofing Products's Debt-to-Equity or its related term are showing as below:

BOM:538546' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.22 Max: 0.52
Current: 0.22

During the past 7 years, the highest Debt-to-Equity Ratio of Bansal Roofing Products was 0.52. The lowest was 0.00. And the median was 0.22.

BOM:538546's Debt-to-Equity is ranked better than
66.95% of 1519 companies
in the Construction industry
Industry Median: 0.44 vs BOM:538546: 0.22

Bansal Roofing Products Debt-to-Equity Historical Data

The historical data trend for Bansal Roofing Products'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.

Bansal Roofing Products Debt-to-Equity Chart

Bansal Roofing Products Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.05

0.13

0.37

0.27

Bansal Roofing Products Quarterly Data
	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	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	0.27	N/A	0.22	N/A

Competitive Comparison of Bansal Roofing Products's Debt-to-Equity

For the Building Products & Equipment subindustry, Bansal Roofing Products'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.

Bansal Roofing Products's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Bansal Roofing Products's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Bansal Roofing Products's Debt-to-Equity falls into.

Bansal Roofing Products Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bansal Roofing Products'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
	=	(17.118	+	47.955)	/	240.527
	=	0.27

Bansal Roofing Products'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

Bansal Roofing Products (BOM:538546) 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.

Bansal Roofing Products Debt-to-Equity Related Terms

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

Bansal Roofing Products (BOM:538546) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Bansal Roofing Products Ltd (BOM:538546) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

274/2, Samlaya Sherpura Road, Village: Pratapnagar, Taluka: Savli, Vadodara, GJ, IND, 391520

Website

http://www.bansalroofing.com

Bansal Roofing Products Ltd is an Indian company engaged in the trading, manufacturing, and supply of roofing products. The company's products and services include pre-engineered building; color coated roofing sheet, roof ventilation system, skylight sheets, Z AND C purlins, louvers, installation, and consultancy. It also provides pre-engineering buildings for use in various applications consisting of factories, workshops, commercial showrooms, warehouses, community halls. The company's principal source of revenue is through the sale of roofing products.

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