Gleam Fabmat (BOM:542477) Debt-to-Equity : 0.55 (As of Sep. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Gleam Fabmat Debt-to-Equity?

Gleam Fabmat's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹23.55 Mil. Gleam Fabmat's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹29.55 Mil. Gleam Fabmat's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹97.14 Mil. Gleam Fabmat's debt to equity for the quarter that ended in Sep. 2023 was 0.55.

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 Gleam Fabmat's Debt-to-Equity or its related term are showing as below:

BOM:542477' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.48 Med: 0.53 Max: 3.45
Current: 0.55

During the past 5 years, the highest Debt-to-Equity Ratio of Gleam Fabmat was 3.45. The lowest was 0.48. And the median was 0.53.

BOM:542477's Debt-to-Equity is not ranked
in the Metals & Mining industry.
Industry Median: 0.13 vs BOM:542477: 0.55

Gleam Fabmat Debt-to-Equity Historical Data

The historical data trend for Gleam Fabmat'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.

Gleam Fabmat Debt-to-Equity Chart

Gleam Fabmat Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

0.48

0.53

Gleam Fabmat Semi-Annual Data
	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial						0.53	0.53	0.53	0.53	0.55

Competitive Comparison of Gleam Fabmat's Debt-to-Equity

For the Aluminum subindustry, Gleam Fabmat'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.

Gleam Fabmat's Debt-to-Equity Distribution in the Metals & Mining Industry

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

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

Gleam Fabmat Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Gleam Fabmat'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
	=	(22.666	+	29.548)	/	97.794
	=	0.53

Gleam Fabmat'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
	=	(23.548	+	29.548)	/	97.14
	=	0.55

Gleam Fabmat (BOM:542477) 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.

Gleam Fabmat Debt-to-Equity Related Terms

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

Gleam Fabmat (BOM:542477) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Gleam Fabmat Ltd (BOM:542477) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Prahladnagar Trade Center Radio Mirchi Road, D-1209, Vejalpur, Ahmedabad, GJ, IND, 380051

Website

http://www.gflaluminum.in

Gleam Fabmat Ltd is engaged in two primary businesses Segment Trading in aluminum and allied metal products and Trading in textiles products Trading in aluminum and allied metal products have a major contribution towards total Revenue.

Gleam Fabmat (BOM:542477) Headlines

No Headlines