TVS Motor Co (BOM:532343) Debt-to-Equity : 3.83 (As of Mar. 2024)

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What is TVS Motor Co Debt-to-Equity?

TVS Motor Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹128,727 Mil. TVS Motor Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹131,330 Mil. TVS Motor Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹67,835 Mil. TVS Motor Co's debt to equity for the quarter that ended in Mar. 2024 was 3.83.

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 TVS Motor Co's Debt-to-Equity or its related term are showing as below:

BOM:532343' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.59 Med: 3.06 Max: 4.07
Current: 3.83

During the past 13 years, the highest Debt-to-Equity Ratio of TVS Motor Co was 4.07. The lowest was 0.59. And the median was 3.06.

BOM:532343's Debt-to-Equity is ranked worse than
96.93% of 1173 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs BOM:532343: 3.83

TVS Motor Co Debt-to-Equity Historical Data

The historical data trend for TVS Motor Co'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.

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TVS Motor Co Debt-to-Equity Chart

TVS Motor Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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3.53

3.18

3.60

4.07

3.83

TVS Motor Co 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															4.07	N/A	3.97	N/A	3.83

Competitive Comparison of TVS Motor Co's Debt-to-Equity

For the Auto Manufacturers subindustry, TVS Motor Co'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.

TVS Motor Co's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, TVS Motor Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where TVS Motor Co's Debt-to-Equity falls into.

TVS Motor Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

TVS Motor Co'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
	=	(128727	+	131330)	/	67835.1
	=	3.83

TVS Motor Co'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
	=	(128727	+	131330)	/	67835.1
	=	3.83

TVS Motor Co (BOM:532343) 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.

TVS Motor Co Debt-to-Equity Related Terms

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TVS Motor Co (BOM:532343) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » TVS Motor Co Ltd (BOM:532343) » Definitions » Debt-to-Equity

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TVSMOTOR:India

Address

No. 12, Khader Nawaz Khan Road, Chaitanya, Nungambakkam, Chennai, TN, IND, 600 006

Website

https://www.tvsmotor.com

TVS Motor Co Ltd is an Indian automobile manufacturing company focused on the production of two-wheeled vehicles. The company principally manufactures motorcycles, scooters, mopeds, three-wheelers, and related spare parts and accessories. The company's operating divisions are Automotive vehicles and parts, Automotive Components, Financial Services, and Others. The company generates a majority of its revenue from the Automotive vehicles and parts division.

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