HB Estate Developers (BOM:532334) Debt-to-Equity : 2.09 (As of Mar. 2024)

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What is HB Estate Developers Debt-to-Equity?

HB Estate Developers's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹921 Mil. HB Estate Developers's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹2,190 Mil. HB Estate Developers's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹1,492 Mil. HB Estate Developers's debt to equity for the quarter that ended in Mar. 2024 was 2.09.

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 HB Estate Developers's Debt-to-Equity or its related term are showing as below:

BOM:532334' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.81 Med: 1.12 Max: 2.32
Current: 2.09

During the past 13 years, the highest Debt-to-Equity Ratio of HB Estate Developers was 2.32. The lowest was 0.81. And the median was 1.12.

BOM:532334's Debt-to-Equity is ranked worse than
84.43% of 1580 companies
in the Real Estate industry
Industry Median: 0.755 vs BOM:532334: 2.09

HB Estate Developers Debt-to-Equity Historical Data

The historical data trend for HB Estate Developers'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.

HB Estate Developers Debt-to-Equity Chart

HB Estate Developers Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.92

1.30

1.53

1.55

2.09

HB Estate Developers 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															1.55	N/A	2.27	N/A	2.09

Competitive Comparison of HB Estate Developers's Debt-to-Equity

For the Real Estate Services subindustry, HB Estate Developers'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.

HB Estate Developers's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, HB Estate Developers's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where HB Estate Developers's Debt-to-Equity falls into.

HB Estate Developers Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

HB Estate Developers'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
	=	(920.977	+	2190.112)	/	1491.52
	=	2.09

HB Estate Developers'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
	=	(920.977	+	2190.112)	/	1491.52
	=	2.09

HB Estate Developers (BOM:532334) 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.

HB Estate Developers Debt-to-Equity Related Terms

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HB Estate Developers (BOM:532334) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » HB Estate Developers Ltd (BOM:532334) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot No. 31, Echelon Institutional Area, Sector-32, Gurugram, HR, IND, 122001

Website

https://www.hbestate.com

HB Estate Developers Ltd is engaged in the development of commercial residential complexes in India. The Company is engaged in the business of owning and managing hotels and real estate properties. The firm generates a majority of its revenue through hotel operations such as room rent, food and beverage supply, restaurant, banquet income, and other services.

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