MRF Debt/Equity
What is the Debt/Equity of MRF?
The Debt/Equity of MRF Limited is 0.61
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 Consumer Discretionary sector on NSE compared to MRF
What does MRF do?
MRF Limited, together with its subsidiaries, manufactures, distributes, and sells rubber products in India and internationally. The company offers rubber products, such as tyres, tubes, flaps, and tread rubber. It also engages in the paints and coats, toys, motorsports, and cricket training businesses. The company offers tyres for trucks, farm services, LCVs, SCVs, three wheelers, pick up, two wheelers, passenger cars, and OTRs. In addition, it operates MRF TireTok, MRF Tyredrome, MRF FASST, MRF Musclezone, and shops that offer computerized nitrogen inflation, tubeless repair, wheel alignment, wheel balancing and tyre changing, robotic wheel alignment, vehicle safety test lane, diagnostic wheel balancing, A/C recovery and recharging, electronic headlight alignment, nitrogen generation, special two-wheeler tyre changing, credit card facility, wheels removal and refitment, and tyre mounting and de-mounting services. The company sells its products through approximately 5,000 dealer networks. MRF Limited was founded in 1946 and is based in Chennai, India.
Companies with debt/equity similar to MRF
- Linamar has Debt/Equity of 0.61
- TAKKT AG has Debt/Equity of 0.61
- Escorts has Debt/Equity of 0.61
- A-Living Services Co has Debt/Equity of 0.61
- Persistent Systems has Debt/Equity of 0.61
- Clarke has Debt/Equity of 0.61
- MRF has Debt/Equity of 0.61
- Pulse Seismic has Debt/Equity of 0.61
- Vistry PLC has Debt/Equity of 0.61
- Southern Hemisphere Mining has Debt/Equity of 0.61
- K. Wah International has Debt/Equity of 0.61
- Kip McGrath Education Centres has Debt/Equity of 0.61
- Winox has Debt/Equity of 0.61