Glittek Granites Ltd
₹55.36
(-4.99%)
Thu, 12 Mar 2026, 06:24 pm
Glittek Granites Debt to Equity Ratio
| Particulars | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings ratio | 80 | 0 | 47.60 | 24.30 | 16 | 9.38 | 8.11 | 11.52 | 9.90 | 7.93 | 46.25 | 5.34 | 0 | 0 | 0 | 0 | 0 | 0 | 1.75 |
| Price to book ratio | 0.47 | 0.67 | 0.40 | 0.40 | 0.28 | 0.24 | 0.34 | 0.83 | 0.45 | 0.33 | 0.25 | 0.34 | 0.24 | 0.15 | 0.33 | 0.85 | 0.70 | 1.60 | 1.04 |
| Price to sales ratio | 0.25 | 0.55 | 0.59 | 0.36 | 0.24 | 0.17 | 0.19 | 0.35 | 0.22 | 0.17 | 0.19 | 0.28 | 0.21 | 0.15 | 0.32 | 1.10 | 0.58 | 1.15 | 5.89 |
| Price to cash flow ratio | 7.28 | 1.86 | 0 | 183.38 | 2.27 | 149.19 | 0 | 0 | 0 | 0 | 2.01 | 0 | 0 | 0 | 0 | 0 | 0 | 4.52 | 0 |
| Enterprise value | 157.8M | 168.42M | 202.64M | 207.58M | 170.15M | 167.39M | 216.39M | 295.97M | 248.88M | 232.51M | 198.09M | 243.43M | 222.09M | 204.7M | 226.04M | 303.8M | 297.95M | 281.79M | 22.77M |
| Enterprise value to EBITDA ratio | 7.03 | 10.44 | 9.51 | 6.43 | 5.76 | 5.22 | 5.66 | 6.44 | 7.65 | 7.05 | 9.36 | 9.97 | 13.37 | 24.73 | 0 | 0 | 24.06 | 0 | 0 |
| Debt to equity ratio | 0.61 | 0.55 | 0.94 | 0.92 | 0.78 | 0.80 | 0.93 | 0.98 | 1.09 | 1.03 | 0.82 | 0.93 | 0.98 | 1.06 | 1.29 | 1.73 | 1.99 | 4.09 | 0 |
| Return on equity % | 0 | 0.12 | 0.80 | 1.68 | 1.74 | 2.55 | 4.33 | 7.08 | 4.59 | 4.28 | 0 | 6.46 | -4.69 | -7.21 | -19.89 | -17.92 | -6.83 | -76.71 | 83.14 |
Glittek Granites Ltd Debt to Equity Ratio
The Glittek Granites Ltd Debt to Equity Ratio is a key financial metric used by investors to evaluate Glittek Granites Ltd's valuation, profitability, and overall financial performance. Tracking the Glittek Granites Ltd Debt to Equity Ratio helps investors understand whether the stock is undervalued, fairly valued, or trading at a premium compared to its historical performance and industry peers.
Glittek Granites Ltd (NSE: , BSE: 513528) is currently trading at ₹55.36, with a market capitalization of ₹1.51B. As a leading company in the Non-energy minerals sector and Construction materials industry, monitoring the Glittek Granites Ltd Debt to Equity Ratio is essential for fundamental analysis.
Glittek Granites Ltd Debt to Equity Ratio Current Value
The current Glittek Granites Ltd Debt to Equity Ratio stands at 0.
The Glittek Granites Ltd Debt to Equity Ratio has declined compared to earlier levels, suggesting improved fundamentals or more attractive valuation.
Glittek Granites Ltd Debt to Equity Ratio Historical Trend
The Glittek Granites Ltd Debt to Equity Ratio has shown the following historical trend:
- 2024: 0
- 2023: 4.09
- 2022: 1.99
- 2021: 1.73
- 2020: 1.29
The decline in Glittek Granites Ltd Debt to Equity Ratio indicates improving financial efficiency or better earnings growth.
What Glittek Granites Ltd Debt to Equity Ratio Indicates for Investors
The Glittek Granites Ltd Debt to Equity Ratio plays a crucial role in understanding the company's financial health and valuation.
The D/E ratio measures financial leverage and balance sheet strength.
Glittek Granites Ltd Debt to Equity Ratio Analysis Summary
The Glittek Granites Ltd Debt to Equity Ratio remains a crucial metric for evaluating the company's valuation and financial stability. Investors tracking Glittek Granites Ltd Debt to Equity Ratio should also monitor related metrics such as P/E, P/B, EV/EBITDA, D/E, and ROE to get a complete fundamental picture.
Regular tracking of Glittek Granites Ltd Debt to Equity Ratio helps investors make informed decisions based on long-term growth, valuation trends, and financial performance.
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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800