MMP Industries (NSE:MMP) Debt-to-Equity : N/A (As of Dec. 2023)

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What is MMP Industries Debt-to-Equity?

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

NSE:MMP' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 0.22 Max: 2.02
Current: 0.3

During the past 11 years, the highest Debt-to-Equity Ratio of MMP Industries was 2.02. The lowest was 0.07. And the median was 0.22.

NSE:MMP's Debt-to-Equity is ranked worse than
65.16% of 1309 companies
in the Metals & Mining industry
Industry Median: 0.13 vs NSE:MMP: 0.30

MMP Industries Debt-to-Equity Historical Data

The historical data trend for MMP Industries'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.

MMP Industries Debt-to-Equity Chart

MMP Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

Get a 7-Day Free Trial

0.14

0.09

0.14

0.22

MMP Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	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	0.22	N/A	0.30	N/A

Competitive Comparison of MMP Industries's Debt-to-Equity

For the Aluminum subindustry, MMP Industries'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.

MMP Industries's Debt-to-Equity Distribution in the Metals & Mining Industry

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

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

MMP Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

MMP Industries'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
	=	(509.048	+	66.583)	/	2571.367
	=	0.22

MMP Industries'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

MMP Industries (NSE:MMP) 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.

MMP Industries Debt-to-Equity Related Terms

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

MMP Industries (NSE:MMP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » MMP Industries Ltd (NSE:MMP) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

B-24, Hingna Road, MIDC Area, Hingna Industrial Estate, Hingna, Nagpur, MH, IND, 440016

Website

https://www.mmpil.com

MMP Industries Ltd is an Indian company engaged in manufacturing aluminum powders, aluminum pastes, and aluminum conductors. The products of the company are used in the construction industry. Its segments are Aluminium Powder and Paste; Aluminium Foil, Aluminium Conductor and Others. The business is spread across Europe, the Middle East, Africa and the Asia Pacific. The company generates the majority of its revenue from the Aluminium Powder and Paste segment.