Shahi Shipping (BOM:526508) Debt-to-Equity : N/A (As of Dec. 2023)

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What is Shahi Shipping Debt-to-Equity?

Shahi Shipping's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.0 Mil. Shahi Shipping's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.0 Mil. Shahi Shipping's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹0.0 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 Shahi Shipping's Debt-to-Equity or its related term are showing as below:

BOM:526508' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.43 Med: 1.12 Max: 4.91
Current: 2.37

During the past 13 years, the highest Debt-to-Equity Ratio of Shahi Shipping was 4.91. The lowest was 0.43. And the median was 1.12.

BOM:526508's Debt-to-Equity is ranked worse than
89.68% of 882 companies
in the Transportation industry
Industry Median: 0.57 vs BOM:526508: 2.37

Shahi Shipping Debt-to-Equity Historical Data

The historical data trend for Shahi Shipping'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.

Shahi Shipping Debt-to-Equity Chart

Shahi Shipping Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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1.38

2.37

3.25

3.64

2.74

Shahi Shipping Quarterly Data
	Mar19	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	2.74	N/A	2.37	N/A

Competitive Comparison of Shahi Shipping's Debt-to-Equity

For the Marine Shipping subindustry, Shahi Shipping'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.

Shahi Shipping's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Shahi Shipping's Debt-to-Equity distribution charts can be found below:

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

Shahi Shipping Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shahi Shipping'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
	=	(8.112	+	81.785)	/	32.843
	=	2.74

Shahi Shipping'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

Shahi Shipping (BOM:526508) 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.

Shahi Shipping Debt-to-Equity Related Terms

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

Shahi Shipping (BOM:526508) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Shahi Shipping Ltd (BOM:526508) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Shahi Marine House, Plot No. 11 & 11/1, Sector-26, Near Dana Bazar, Vashi, Navi Mumbai, MH, IND, 400703

Website

https://www.shahilogistics.com

Shahi Shipping Ltd is in the shipping business. It provides service in the areas of container liquid cargo lighter age operations of petroleum and chemical products, lighter age operations of bulk cargo, tug services for port related activities, supply of bunkers to vessels and container feeder service on Indian coasts through its fleet of vessels.

Shahi Shipping (BOM:526508) Headlines

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