Triveni Engineering & Industries (BOM:532356) Debt-to-Equity : 0.49 (As of Mar. 2024)

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What is Triveni Engineering & Industries Debt-to-Equity?

Triveni Engineering & Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹11,676 Mil. Triveni Engineering & Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹2,564 Mil. Triveni Engineering & Industries's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹29,009 Mil. Triveni Engineering & Industries's debt to equity for the quarter that ended in Mar. 2024 was 0.49.

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 Triveni Engineering & Industries's Debt-to-Equity or its related term are showing as below:

BOM:532356' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.35 Med: 1.23 Max: 2.63
Current: 0.49

During the past 13 years, the highest Debt-to-Equity Ratio of Triveni Engineering & Industries was 2.63. The lowest was 0.35. And the median was 1.23.

BOM:532356's Debt-to-Equity is ranked worse than
55.62% of 1647 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs BOM:532356: 0.49

Triveni Engineering & Industries Debt-to-Equity Historical Data

The historical data trend for Triveni Engineering & Industries'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.

Triveni Engineering & Industries Debt-to-Equity Chart

Triveni Engineering & Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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1.16

0.64

0.82

0.35

0.49

Triveni Engineering & Industries 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															0.35	N/A	0.15	N/A	0.49

Competitive Comparison of Triveni Engineering & Industries's Debt-to-Equity

For the Confectioners subindustry, Triveni Engineering & Industries'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.

Triveni Engineering & Industries's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Triveni Engineering & Industries's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Triveni Engineering & Industries's Debt-to-Equity falls into.

Triveni Engineering & Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Triveni Engineering & Industries'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
	=	(11675.7	+	2563.6)	/	29009
	=	0.49

Triveni Engineering & Industries'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
	=	(11675.7	+	2563.6)	/	29009
	=	0.49

Triveni Engineering & Industries (BOM:532356) 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.

Triveni Engineering & Industries Debt-to-Equity Related Terms

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Triveni Engineering & Industries (BOM:532356) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Triveni Engineering & Industries Ltd (BOM:532356) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

TRIVENI:India

Address

Express Trade Towers, 8th Floor, Plot No. 15 - 16, Sector - 16A, Noida, UP, IND, 201301

Website

https://www.trivenigroup.com

Triveni Engineering & Industries Ltd is an India-based company engaged in the manufacturing of sugar. The company is engaged in diversified businesses mainly categorized into segments - Sugar and allied businesses; Engineering business and others. Sugar and allied businesses essentially comprises the manufacture of sugar, cogeneration, and distillery. The Engineering business primarily comprises Power Transmission manufacturing facilities at Mysuru and Water and Waste Water Treatment business operating from Noida, UP. The firm generates a majority of its revenue from the Sugar and allied business.

Triveni Engineering & Industries (BOM:532356) Headlines

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