Petronet LNG (BOM:532522) Debt-to-Equity : N/A (As of Dec. 2023)

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What is Petronet LNG Debt-to-Equity?

Petronet LNG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Petronet LNG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Petronet LNG's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹0 Mil.

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 Petronet LNG's Debt-to-Equity or its related term are showing as below:

BOM:532522' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.28 Max: 0.66
Current: 0.19

During the past 13 years, the highest Debt-to-Equity Ratio of Petronet LNG was 0.66. The lowest was 0.01. And the median was 0.28.

BOM:532522's Debt-to-Equity is ranked better than
72.49% of 836 companies
in the Oil & Gas industry
Industry Median: 0.445 vs BOM:532522: 0.19

Petronet LNG Debt-to-Equity Historical Data

The historical data trend for Petronet LNG'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.

Petronet LNG Debt-to-Equity Chart

Petronet LNG Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.07

0.36

0.31

0.25

0.22

Petronet LNG Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.24	N/A	0.22	0.19	N/A

Competitive Comparison of Petronet LNG's Debt-to-Equity

For the Oil & Gas Refining & Marketing subindustry, Petronet LNG'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.

Petronet LNG's Debt-to-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Petronet LNG's Debt-to-Equity distribution charts can be found below:

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

Petronet LNG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Petronet LNG's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 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
	=	(2745.4	+	30704.7)	/	152645.6
	=	0.22

Petronet LNG's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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
	=	(0	+	0)	/	0
	=	N/A

Petronet LNG (BOM:532522) 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.

Petronet LNG Debt-to-Equity Related Terms

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Petronet LNG (BOM:532522) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Petronet LNG Ltd (BOM:532522) » Definitions » Debt-to-Equity

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PETRONET:India

Address

Babar Road, Barakhamba Lane, World Trade Centre, 1st Floor, New Delhi, IND, 110001

Website

https://www.petronetlng.in

Petronet LNG Ltd is an oil and gas refining and marketing company formed by the government of India. The company operates liquified natural gas receiving and regasification terminals across India. Through its terminals, it also offers tolling services and re-loading terminals. The company has a single operating segment which is Natural Gas Business. Petronet LNG also owns a solid cargo port at Dahej with facilities to import and export products such as steel, coal, and fertilizer in bulk. Sales are largely composed of regasified liquefied natural gas and the majority of its revenue is derived from India.

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