Markolines Pavement Technologies (BOM:543364) Debt-to-Equity : 0.61 (As of Sep. 2023)

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What is Markolines Pavement Technologies Debt-to-Equity?

Markolines Pavement Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹312 Mil. Markolines Pavement Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹240 Mil. Markolines Pavement Technologies's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹906 Mil. Markolines Pavement Technologies's debt to equity for the quarter that ended in Sep. 2023 was 0.61.

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 Markolines Pavement Technologies's Debt-to-Equity or its related term are showing as below:

BOM:543364' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.24 Med: 0.49 Max: 2.91
Current: 0.61

During the past 5 years, the highest Debt-to-Equity Ratio of Markolines Pavement Technologies was 2.91. The lowest was 0.24. And the median was 0.49.

BOM:543364's Debt-to-Equity is ranked worse than
59.71% of 1519 companies
in the Construction industry
Industry Median: 0.44 vs BOM:543364: 0.61

Markolines Pavement Technologies Debt-to-Equity Historical Data

The historical data trend for Markolines Pavement 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.

Markolines Pavement Technologies Debt-to-Equity Chart

Markolines Pavement Technologies Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

2.91

1.86

1.43

0.38

0.36

Markolines Pavement Technologies Semi-Annual Data
	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial				0.27	0.38	0.24	0.36	0.61

Competitive Comparison of Markolines Pavement Technologies's Debt-to-Equity

For the Infrastructure Operations subindustry, Markolines Pavement 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.

Markolines Pavement Technologies's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Markolines Pavement Technologies's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Markolines Pavement Technologies's Debt-to-Equity falls into.

Markolines Pavement Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Markolines Pavement Technologies'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
	=	(156.495	+	148.971)	/	858.208
	=	0.36

Markolines Pavement Technologies'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
	=	(311.964	+	239.902)	/	905.712
	=	0.61

Markolines Pavement Technologies (BOM:543364) 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.

Markolines Pavement Technologies Debt-to-Equity Related Terms

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Markolines Pavement Technologies (BOM:543364) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Markolines Pavement Technologies Ltd (BOM:543364) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Shree Nand Dham, 6th Floor, Wing-A, Sector-11, CBD Belapur, Navi Mumbai, MH, IND, 400614

Website

https://www.markolines.com

Markolines Pavement Technologies Ltd is a highway operation and maintenance service providing company. Its operations are mainly divided into-Highway Operations which include toll operations, route patrolling, and incident management; the Highway Maintenance division includes routine maintenance, preventive maintenance, and major maintenance and repairs and whereas the specialized Maintenance Services include micro surfacing, Base Stabilization and cold in-place recycling.

Markolines Pavement Technologies (BOM:543364) Headlines

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