Bhagyanagar India (BOM:512296) Debt-to-Equity : 0.52 (As of Mar. 2024)

View and export this data going back to 1992. Start your Free Trial

What is Bhagyanagar India Debt-to-Equity?

Bhagyanagar India's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹546 Mil. Bhagyanagar India's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹461 Mil. Bhagyanagar India's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹1,934 Mil. Bhagyanagar India's debt to equity for the quarter that ended in Mar. 2024 was 0.52.

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 Bhagyanagar India's Debt-to-Equity or its related term are showing as below:

BOM:512296' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.4 Med: 0.64 Max: 1.49
Current: 0.52

During the past 13 years, the highest Debt-to-Equity Ratio of Bhagyanagar India was 1.49. The lowest was 0.40. And the median was 0.64.

BOM:512296's Debt-to-Equity is ranked worse than
75.79% of 1301 companies
in the Metals & Mining industry
Industry Median: 0.13 vs BOM:512296: 0.52

Bhagyanagar India Debt-to-Equity Historical Data

The historical data trend for Bhagyanagar India'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.

Bhagyanagar India Debt-to-Equity Chart

Bhagyanagar India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

Get a 7-Day Free Trial

0.54

1.22

1.30

1.49

0.52

Bhagyanagar India Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															1.49	N/A	0.79	N/A	0.52

Competitive Comparison of Bhagyanagar India's Debt-to-Equity

For the Copper subindustry, Bhagyanagar India'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.

Bhagyanagar India's Debt-to-Equity Distribution in the Metals & Mining Industry

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

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

Bhagyanagar India Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bhagyanagar India's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 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
	=	(545.901	+	461.208)	/	1933.669
	=	0.52

Bhagyanagar India's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(545.901	+	461.208)	/	1933.669
	=	0.52

Bhagyanagar India (BOM:512296) 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.

Bhagyanagar India Debt-to-Equity Related Terms

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

Bhagyanagar India (BOM:512296) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Bhagyanagar India Ltd (BOM:512296) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

BHAGYANGR:India

Address

Plot No. 9/13/1 & P-9/14, I.D.A. Nacharam, Hyderabad, TG, IND, 500076

Website

http://www.bhagyanagarindia.com

Bhagyanagar India Ltd is an Indian company engaged in the manufacturing of copper products. It operates through the segments of Copper Products and Wind Power. The Copper products segment deals in the manufacturing of various products such as Copper rods, Strips, Pipes, Busbars, and Sheets, among others. The Wind Power segment is engaged in the generation of wind power energy. The majority of the firm's revenue is generated by the Copper products segment. Geographically, it operates in India.

Bhagyanagar India (BOM:512296) Headlines

No Headlines