Tantia Constructions (BOM:532738) Debt-to-Equity : 1.35 (As of Mar. 2024)

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What is Tantia Constructions Debt-to-Equity?

Tantia Constructions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹2,949.1 Mil. Tantia Constructions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹390.7 Mil. Tantia Constructions's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹2,475.5 Mil. Tantia Constructions's debt to equity for the quarter that ended in Mar. 2024 was 1.35.

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 Tantia Constructions's Debt-to-Equity or its related term are showing as below:

BOM:532738' s Debt-to-Equity Range Over the Past 10 Years
Min: -16.91 Med: 1.36 Max: 8.81
Current: 1.35

During the past 13 years, the highest Debt-to-Equity Ratio of Tantia Constructions was 8.81. The lowest was -16.91. And the median was 1.36.

BOM:532738's Debt-to-Equity is ranked worse than
84.71% of 1517 companies
in the Construction industry
Industry Median: 0.44 vs BOM:532738: 1.35

Tantia Constructions Debt-to-Equity Historical Data

The historical data trend for Tantia Constructions'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.

Tantia Constructions Debt-to-Equity Chart

Tantia Constructions Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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1.38

1.30

1.31

1.32

1.35

Tantia Constructions Quarterly Data
	Jun18	Dec18	Mar19	Jun19	Dec19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															N/A	1.32	1.17	N/A	1.35

Competitive Comparison of Tantia Constructions's Debt-to-Equity

For the Engineering & Construction subindustry, Tantia Constructions'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.

Tantia Constructions's Debt-to-Equity Distribution in the Construction Industry

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

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

Tantia Constructions Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tantia Constructions'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
	=	(2949.1	+	390.7)	/	2475.5
	=	1.35

Tantia Constructions'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
	=	(2949.1	+	390.7)	/	2475.5
	=	1.35

Tantia Constructions (BOM:532738) 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.

Tantia Constructions Debt-to-Equity Related Terms

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Tantia Constructions (BOM:532738) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Tantia Constructions Ltd (BOM:532738) » Definitions » Debt-to-Equity

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TCLCONS:India

Address

DD-30, Sector-1, 7th Floor, Salt Lake City, Kolkata, WB, IND, 700 064

Website

https://www.tantiagroup.com

Tantia Constructions Ltd is a civil infrastructure solutions providers in India. The company's core infrastructure segments are railways, roads, urban development, infrastructure and industrial fabrication, power, marine and aviation. Geographically, it derives a majority of revenue from India.

Tantia Constructions (BOM:532738) Headlines

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