Tata Consumer Products (LSE:TGBA) Debt-to-Equity : 0.22 (As of Mar. 2024)

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What is Tata Consumer Products Debt-to-Equity?

Tata Consumer Products's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $343 Mil. Tata Consumer Products's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $76 Mil. Tata Consumer Products's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $1,934 Mil. Tata Consumer Products's debt to equity for the quarter that ended in Mar. 2024 was 0.22.

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 Tata Consumer Products's Debt-to-Equity or its related term are showing as below:

LSE:TGBA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.09 Med: 0.14 Max: 0.22
Current: 0.22

During the past 13 years, the highest Debt-to-Equity Ratio of Tata Consumer Products was 0.22. The lowest was 0.09. And the median was 0.14.

LSE:TGBA's Debt-to-Equity is ranked better than
66.3% of 1647 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs LSE:TGBA: 0.22

Tata Consumer Products Debt-to-Equity Historical Data

The historical data trend for Tata Consumer Products'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.

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Tata Consumer Products Debt-to-Equity Chart

Tata Consumer Products Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.12

0.11

0.09

0.10

0.22

Tata Consumer Products 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															0.10	N/A	0.09	N/A	0.22

Competitive Comparison of Tata Consumer Products's Debt-to-Equity

For the Packaged Foods subindustry, Tata Consumer Products'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.

Tata Consumer Products's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tata Consumer Products's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Tata Consumer Products's Debt-to-Equity falls into.

Tata Consumer Products Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tata Consumer Products'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
	=	(343.203	+	75.631)	/	1934.054
	=	0.22

Tata Consumer Products'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
	=	(343.203	+	75.631)	/	1934.054
	=	0.22

Tata Consumer Products (LSE:TGBA) 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.

Tata Consumer Products Debt-to-Equity Related Terms

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Tata Consumer Products (LSE:TGBA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tata Consumer Products Ltd (LSE:TGBA) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

TATACONSUM:India 500800:India

Address

11/13 Botawala Building 1st Floor, Office No 2-6 Horniman Circle Fort, Fort, Mumbai, MH, IND, 400 001

Website

https://www.tataconsumer.com

Tata Consumer Products Ltd is a manufacturer and supplier of consumer food and beverages. The company's products include tea, coffee, water, salt, pulses, spices, and ready-to-eat offerings. Its key beverage brands include Tata Tea, Tetley, Eight O'Clock Coffee, Tata Coffee Grand, and Himalayan Natural Mineral Water. Its food portfolio includes brands such as Tata Salt and Tata Sampann. Its segment includes Branded Business, Non-Branded Business and Others. The company has an international presence and generates more than half of its revenue in India.

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