Taneja Aerospace & Aviation (BOM:522229) Debt-to-Equity : 0.00 (As of Mar. 2024)

View and export this data going back to 2001. Start your Free Trial

What is Taneja Aerospace & Aviation Debt-to-Equity?

Taneja Aerospace & Aviation's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹3.0 Mil. Taneja Aerospace & Aviation's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0.0 Mil. Taneja Aerospace & Aviation's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹1,304.2 Mil. Taneja Aerospace & Aviation's debt to equity for the quarter that ended in Mar. 2024 was 0.00.

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 Taneja Aerospace & Aviation's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of Taneja Aerospace & Aviation was 0.47. The lowest was 0.00. And the median was 0.27.

BOM:522229's Debt-to-Equity is not ranked ^*
in the Aerospace & Defense industry.
Industry Median: 0.43
* Ranked among companies with meaningful Debt-to-Equity only.

Taneja Aerospace & Aviation Debt-to-Equity Historical Data

The historical data trend for Taneja Aerospace & Aviation'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.

Taneja Aerospace & Aviation Debt-to-Equity Chart

Taneja Aerospace & Aviation Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

Get a 7-Day Free Trial

0.20

0.08

0.03

Taneja Aerospace & Aviation Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															N/A	-	-	N/A	-

Competitive Comparison of Taneja Aerospace & Aviation's Debt-to-Equity

For the Aerospace & Defense subindustry, Taneja Aerospace & Aviation'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.

Taneja Aerospace & Aviation's Debt-to-Equity Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Taneja Aerospace & Aviation's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Taneja Aerospace & Aviation's Debt-to-Equity falls into.

Taneja Aerospace & Aviation Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Taneja Aerospace & Aviation'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
	=	(3.034	+	0)	/	1304.183
	=	0.00

Taneja Aerospace & Aviation'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
	=	(3.034	+	0)	/	1304.183
	=	0.00

Taneja Aerospace & Aviation (BOM:522229) 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.

Taneja Aerospace & Aviation Debt-to-Equity Related Terms

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

Taneja Aerospace & Aviation (BOM:522229) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Taneja Aerospace & Aviation Ltd (BOM:522229) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Belagondapalli Village, Thally Road, Denkanikottai Taluk, Krishnagiri District, Belagondapalli, TN, IND, 635 114

Website

http://www.taal.co.in

Taneja Aerospace & Aviation Ltd is engaged in the manufacturing and sale of parts and components to the aviation industry, providing services related to airfield and MRO, and allied services. The Company operates only in one segment which is Aerospace and aviation. It generates maximum revenue from the Aviation segment. The company derives maximum revenue from Domestic sales as well from services such as Rental income and other maintenance services.

Taneja Aerospace & Aviation (BOM:522229) Headlines

No Headlines