ITD Cementation India (BOM:509496) Debt-to-Equity : N/A (As of Dec. 2023)

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What is ITD Cementation India Debt-to-Equity?

ITD Cementation India's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. ITD Cementation India's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. ITD Cementation India'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 ITD Cementation India's Debt-to-Equity or its related term are showing as below:

BOM:509496' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.43 Med: 0.59 Max: 1.29
Current: 0.59

During the past 13 years, the highest Debt-to-Equity Ratio of ITD Cementation India was 1.29. The lowest was 0.43. And the median was 0.59.

BOM:509496's Debt-to-Equity is ranked worse than
58.75% of 1515 companies
in the Construction industry
Industry Median: 0.44 vs BOM:509496: 0.59

ITD Cementation India Debt-to-Equity Historical Data

The historical data trend for ITD Cementation India'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.

ITD Cementation India Debt-to-Equity Chart

ITD Cementation India Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

Get a 7-Day Free Trial

0.79

0.51

0.43

0.50

0.62

ITD Cementation India Quarterly Data
	Sep18	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															N/A	0.62	N/A	0.59	N/A

Competitive Comparison of ITD Cementation India's Debt-to-Equity

For the Engineering & Construction subindustry, ITD Cementation India'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.

ITD Cementation India's Debt-to-Equity Distribution in the Construction Industry

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

* The bar in red indicates where ITD Cementation India's Debt-to-Equity falls into.

ITD Cementation India Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ITD Cementation India'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
	=	(5720.249	+	1941.59)	/	12375.055
	=	0.62

ITD Cementation India'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

ITD Cementation India (BOM:509496) 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.

ITD Cementation India Debt-to-Equity Related Terms

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ITD Cementation India (BOM:509496) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » ITD Cementation India Ltd (BOM:509496) » Definitions » Debt-to-Equity

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ITDCEM:India

Address

Gate No. 5, Saki Vihar Road, 9th Floor, Prima Bay, Tower - B, Powai, Mumbai, MH, IND, 400072

Website

https://www.itdcem.co.in

ITD Cementation India Ltd is an India-based company involved in construction and civil engineering. It is engaged in the construction of a range of structures, which include maritime structures, mass rapid transport systems (MRTS), dams and tunnels, airports, highways, bridges and flyovers, and other foundations and specialist engineering work. The company's revenue comes from construction and civil engineering activities. The company's operational areas include maritime structures, such as the construction of jetties, dolphins, quays, berths on concrete and steel piles, ship lift, dry dock, wet basic and service platforms, dredging, and reclamation works for ports, and construction of ship lift and among others.

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