Nirmitee Robotics India (BOM:543194) Debt-to-Equity : 0.39 (As of Sep. 2023)

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What is Nirmitee Robotics India Debt-to-Equity?

Nirmitee Robotics India's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹4.85 Mil. Nirmitee Robotics India's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹13.74 Mil. Nirmitee Robotics India's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹47.44 Mil. Nirmitee Robotics India's debt to equity for the quarter that ended in Sep. 2023 was 0.39.

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 Nirmitee Robotics India's Debt-to-Equity or its related term are showing as below:

BOM:543194' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.01 Med: 0.04 Max: 5.16
Current: 0.39

During the past 7 years, the highest Debt-to-Equity Ratio of Nirmitee Robotics India was 5.16. The lowest was -0.01. And the median was 0.04.

BOM:543194's Debt-to-Equity is ranked worse than
50.7% of 923 companies
in the Business Services industry
Industry Median: 0.37 vs BOM:543194: 0.39

Nirmitee Robotics India Debt-to-Equity Historical Data

The historical data trend for Nirmitee Robotics India'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.

Nirmitee Robotics India Debt-to-Equity Chart

Nirmitee Robotics India Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.04

0.01

0.25

Nirmitee Robotics India Semi-Annual Data
	Mar17	Mar18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial							-0.01	-	0.13	0.25	0.39

Competitive Comparison of Nirmitee Robotics India's Debt-to-Equity

For the Specialty Business Services subindustry, Nirmitee Robotics India'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.

Nirmitee Robotics India's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Nirmitee Robotics India's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Nirmitee Robotics India's Debt-to-Equity falls into.

Nirmitee Robotics India Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nirmitee Robotics India'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
	=	(2.513	+	10.471)	/	51.807
	=	0.25

Nirmitee Robotics India'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
	=	(4.851	+	13.739)	/	47.438
	=	0.39

Nirmitee Robotics India (BOM:543194) 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.

Nirmitee Robotics India Debt-to-Equity Related Terms

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Nirmitee Robotics India (BOM:543194) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Nirmitee Robotics India Ltd (BOM:543194) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hingna, MIDC, D 3/2, Nagpur, MH, IND, 440028

Website

https://www.nirmiteerobotics.com

Nirmitee Robotics India Ltd is a tech-based company making robots using robotic technology. It provides HVAC Duct Cleaning and Ozone sterilization services with these robots. The company makes custom made robots operated by machines that clean the inside of HVAC Air Ducts - by scrubbing, polishing, sucking, scraping, and removal of the accumulated contaminants like dust, debris, bacteria, mold, and even dead pests and rodents and provides the Ozone treatment to the ducts from the inside and thus sanitizes it.

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