Agni Green Power (NSE:AGNI) Debt-to-Equity : 0.31 (As of Sep. 2023)

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What is Agni Green Power Debt-to-Equity?

Agni Green Power's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹32.2 Mil. Agni Green Power's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹63.8 Mil. Agni Green Power's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹305.7 Mil. Agni Green Power's debt to equity for the quarter that ended in Sep. 2023 was 0.31.

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 Agni Green Power's Debt-to-Equity or its related term are showing as below:

NSE:AGNI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.28 Med: 0.34 Max: 0.46
Current: 0.31

During the past 5 years, the highest Debt-to-Equity Ratio of Agni Green Power was 0.46. The lowest was 0.28. And the median was 0.34.

NSE:AGNI's Debt-to-Equity is ranked worse than
54.35% of 874 companies
in the Semiconductors industry
Industry Median: 0.26 vs NSE:AGNI: 0.31

Agni Green Power Debt-to-Equity Historical Data

The historical data trend for Agni Green Power'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.

Agni Green Power Debt-to-Equity Chart

Agni Green Power Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

0.28

0.34

0.43

0.46

0.32

Agni Green Power Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial			N/A	0.46	0.41	0.32	0.31

Competitive Comparison of Agni Green Power's Debt-to-Equity

For the Solar subindustry, Agni Green Power'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.

Agni Green Power's Debt-to-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Agni Green Power's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Agni Green Power's Debt-to-Equity falls into.

Agni Green Power Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Agni Green Power'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
	=	(74.286	+	22.468)	/	304.556
	=	0.32

Agni Green Power'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
	=	(32.239	+	63.819)	/	305.707
	=	0.31

Agni Green Power (NSE:AGNI) 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.

Agni Green Power Debt-to-Equity Related Terms

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

Agni Green Power (NSE:AGNI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Agni Green Power Ltd (NSE:AGNI) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

114, Rajdanga Gold Park, Piyali Apartment, 1st Floor, South Parganas, Kolkata, WB, IND, 700107

Website

https://www.agnipower.com

Agni Green Power Ltd is engaged in the business of executing turn-key solar PV power plant projects. It also involves of manufacture, sale and installation of solar photovoltaic power plants, solar lamps, solar power conditioning units and other solar products like charge controller, solar pump controller, solar adaptors, solar generators, junction boxes etc. The Company's product categories consist of Lighting Systems, Power Conditioning Units, Solar MPPT Chargers, Balance Of Systems (BOS), Solarizer (Solar Adaptor), Solar Pumps and Remote Monitoring System.

Agni Green Power (NSE:AGNI) Headlines

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