Supershakti Metaliks (BOM:541701) Debt-to-Equity : 0.08 (As of Sep. 2023)

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What is Supershakti Metaliks Debt-to-Equity?

Supershakti Metaliks's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹194 Mil. Supershakti Metaliks's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹11 Mil. Supershakti Metaliks's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹2,446 Mil. Supershakti Metaliks's debt to equity for the quarter that ended in Sep. 2023 was 0.08.

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 Supershakti Metaliks's Debt-to-Equity or its related term are showing as below:

BOM:541701' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.11 Max: 1.26
Current: 0.08

During the past 10 years, the highest Debt-to-Equity Ratio of Supershakti Metaliks was 1.26. The lowest was 0.04. And the median was 0.11.

BOM:541701's Debt-to-Equity is ranked better than
86.26% of 553 companies
in the Steel industry
Industry Median: 0.4 vs BOM:541701: 0.08

Supershakti Metaliks Debt-to-Equity Historical Data

The historical data trend for Supershakti Metaliks'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.

Supershakti Metaliks Debt-to-Equity Chart

Supershakti Metaliks Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.04

0.11

0.13

0.12

0.04

Supershakti Metaliks Semi-Annual Data
	Mar14	Mar15	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial											0.14	0.12	0.08	0.04	0.08

Competitive Comparison of Supershakti Metaliks's Debt-to-Equity

For the Steel subindustry, Supershakti Metaliks'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.

Supershakti Metaliks's Debt-to-Equity Distribution in the Steel Industry

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

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

Supershakti Metaliks Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Supershakti Metaliks'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
	=	(89.993	+	14.381)	/	2372.541
	=	0.04

Supershakti Metaliks's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(194.081	+	11.01)	/	2445.787
	=	0.08

Supershakti Metaliks (BOM:541701) 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.

Supershakti Metaliks Debt-to-Equity Related Terms

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

Supershakti Metaliks (BOM:541701) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Supershakti Metaliks Ltd (BOM:541701) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

39 Shakespeare Sarani, Premlata Building, 3rd Floor, Kolkata, WB, IND, 700 017

Website

http://www.supershaktimetaliks.com

Supershakti Metaliks Ltd is a steel products manufacturer. The company operates mainly in one business segment namely Iron and Steel Product. The company's products include Wire rods, HP wire, Binding wire, and Billet wire. The company sells its products in India and also exports it to other countries, of which prime revenue is generated from the sales made in India.

Supershakti Metaliks (BOM:541701) Headlines

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