Trishakti Industries (BOM:531279) Debt-to-Equity : 0.27 (As of Mar. 2024)

View and export this data going back to 2000. Start your Free Trial

What is Trishakti Industries Debt-to-Equity?

Trishakti Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹29 Mil. Trishakti Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0 Mil. Trishakti Industries's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹109 Mil. Trishakti Industries's debt to equity for the quarter that ended in Mar. 2024 was 0.26.

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

BOM:531279' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.06 Max: 0.17
Current: 0.17

During the past 13 years, the highest Debt-to-Equity Ratio of Trishakti Industries was 0.17. The lowest was 0.00. And the median was 0.06.

BOM:531279's Debt-to-Equity is ranked better than
74.67% of 829 companies
in the Oil & Gas industry
Industry Median: 0.45 vs BOM:531279: 0.17

Trishakti Industries Debt-to-Equity Historical Data

The historical data trend for Trishakti 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.

Trishakti Industries Debt-to-Equity Chart

Trishakti Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

Get a 7-Day Free Trial

0.10

0.05

0.06

0.05

0.27

Trishakti 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															0.05	N/A	0.17	N/A	0.27

Competitive Comparison of Trishakti Industries's Debt-to-Equity

For the Oil & Gas Equipment & Services subindustry, Trishakti 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.

Trishakti Industries's Debt-to-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Trishakti Industries's Debt-to-Equity distribution charts can be found below:

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

Trishakti Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Trishakti 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
	=	(28.922	+	0)	/	109.24
	=	0.26

Trishakti 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
	=	(28.922	+	0)	/	109.24
	=	0.26

Trishakti Industries (BOM:531279) 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.

Trishakti Industries Debt-to-Equity Related Terms

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

Trishakti Industries (BOM:531279) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Trishakti Industries Ltd (BOM:531279) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sector V, Godrej Genesis, 10th Floor, Unit No. 1007, Salt Lake City, Kolkata, WB, IND, 700 091

Website

http://www.trishakti.com

Trishakti Industries Ltd, formerly Trishakti Electronics & Industries Ltd is an infrastructure and Oil and Gas exploration service provider. It provides services to companies such as Oil and Natural Gas Corporation Ltd and other PSU's, private and multinational clients. The company is focused on providing advisory services for the seismic data center requirement; providing agency services to foreign service providers in the execution and management of the services in India; importing and trading for various spices from abroad and also focusing on the development of logistic services including warehousing, etc.

Trishakti Industries (BOM:531279) Headlines

No Headlines