Tarini International (BOM:538496) Debt-to-Equity : 0.39 (As of Sep. 2023)

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What is Tarini International Debt-to-Equity?

Tarini International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹103.42 Mil. Tarini International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹6.42 Mil. Tarini International's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹284.05 Mil. Tarini International's debt to equity for the quarter that ended in Sep. 2023 was 0.39.

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 Tarini International's Debt-to-Equity or its related term are showing as below:

BOM:538496' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.21 Med: 0.28 Max: 0.4
Current: 0.39

During the past 9 years, the highest Debt-to-Equity Ratio of Tarini International was 0.40. The lowest was 0.21. And the median was 0.28.

BOM:538496's Debt-to-Equity is ranked better than
53.26% of 1519 companies
in the Construction industry
Industry Median: 0.44 vs BOM:538496: 0.39

Tarini International Debt-to-Equity Historical Data

The historical data trend for Tarini International'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.

Tarini International Debt-to-Equity Chart

Tarini International Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

Get a 7-Day Free Trial

0.29

0.24

0.28

0.30

0.40

Tarini International Semi-Annual Data
	Mar15	Mar16	Mar17	Mar18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial									0.28	0.30	0.35	0.40	0.39

Competitive Comparison of Tarini International's Debt-to-Equity

For the Engineering & Construction subindustry, Tarini International'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.

Tarini International's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Tarini International's Debt-to-Equity distribution charts can be found below:

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

Tarini International Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tarini International'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
	=	(106.24	+	8.338)	/	284.131
	=	0.40

Tarini International's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(103.423	+	6.417)	/	284.053
	=	0.39

Tarini International (BOM:538496) 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.

Tarini International Debt-to-Equity Related Terms

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

Tarini International (BOM:538496) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Tarini International Ltd (BOM:538496) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lajpat Nagar - IV, D-2, 1st Floor, Amar Colony, New Delhi, IND, 110024

Website

https://www.tariniinfra.com

Tarini International Ltd is an India-based company. It is engaged in the business of turnkey contractors and consultancy in power generation, transmission and distribution, and other EPC (engineering, procurement, construction) contracts. The company is involved in electricity generation as an independent power producer, distribution, and transmission among others in the areas of the energy sector, sugar, distillery, and cogeneration, and as turnkey contractors, and technical, project consultancy services in the related areas. It generates revenue in the form of a contract.

Tarini International (BOM:538496) Headlines

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