Kirloskar Industries Debt/Equity

What is the Debt/Equity of Kirloskar Industries?

The Debt/Equity of Kirloskar Industries Limited is 1.14

What is the definition of Debt/Equity?



Debt to equity ratio is a financial ratio indicating the relative proportion of shareholders’ equity and debt used to finance a company’s assets.

lfy (last fiscal year)

The debt to equity ratio is generally calculated by dividing debt by equity. The D/E ratio is also known as risk, gearing or leverage. The two components are often taken from the firm's balance sheet or statement of financial position (so-called book value), but the ratio may also be calculated using market values for both, if the company's debt and equity are publicly traded, or using a combination of book value for debt and market value for equity financially. Preferred stock can be considered part of debt or equity. Attributing preferred shares to one or the other is partially a subjective decision but will also take into account the specific features of the preferred shares. When used to calculate a company's financial leverage, the debt usually includes only the long-term debt.

Debt/Equity of companies in the Finance sector on NSE compared to Kirloskar Industries

What does Kirloskar Industries do?

Kirloskar Industries Limited manufactures and sells iron castings in India. It generates and sells wind-power electricity through seven windmills with total installed capacity of 5.6 megawatts in Maharashtra; owns lands and building, and apartments and offices; and invests in properties and securities. The company was formerly known as Kirloskar Oil Engines Limited and changed its name to Kirloskar Industries Limited in March 2010. The company was incorporated in 1978 and is based in Pune, India.

Companies with debt/equity similar to Kirloskar Industries