Elgi Rubber Stock Total Debt

ELGIRUBCO   99.16  0.35  0.35%   
Elgi Rubber fundamentals help investors to digest information that contributes to Elgi Rubber's financial success or failures. It also enables traders to predict the movement of Elgi Stock. The fundamental analysis module provides a way to measure Elgi Rubber's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Elgi Rubber stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Elgi Rubber Company Total Debt Analysis

Elgi Rubber's Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.

Total Debt

 = 

Bonds

+

Notes

More About Total Debt | All Equity Analysis

Current Elgi Rubber Total Debt

    
  3.07 B  
Most of Elgi Rubber's fundamental indicators, such as Total Debt, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Elgi Rubber is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Competition

Elgi Short Long Term Debt Total

Short Long Term Debt Total

2.33 Billion

At present, Elgi Rubber's Short and Long Term Debt Total is projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, Elgi Rubber has a Total Debt of 3.07 B. This is 20.44% lower than that of the Automobile Components sector and 159.77% higher than that of the Consumer Discretionary industry. The total debt for all India stocks is 42.28% higher than that of the company.

Elgi Total Debt Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Elgi Rubber's direct or indirect competition against its Total Debt to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Elgi Rubber could also be used in its relative valuation, which is a method of valuing Elgi Rubber by comparing valuation metrics of similar companies.
Elgi Rubber is currently under evaluation in total debt category among its peers.

Elgi Fundamentals

About Elgi Rubber Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Elgi Rubber's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Elgi Rubber using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Elgi Rubber based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Other Information on Investing in Elgi Stock

Elgi Rubber financial ratios help investors to determine whether Elgi Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Elgi with respect to the benefits of owning Elgi Rubber security.