TARC (BOM:543249) Debt-to-Equity : 0.98 (As of Sep. 2023)

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What is TARC Debt-to-Equity?

TARC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹3,935 Mil. TARC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹9,386 Mil. TARC's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹13,598 Mil. TARC's debt to equity for the quarter that ended in Sep. 2023 was 0.98.

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

BOM:543249' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.78 Med: 0.93 Max: 1.09
Current: 0.98

During the past 4 years, the highest Debt-to-Equity Ratio of TARC was 1.09. The lowest was 0.78. And the median was 0.93.

BOM:543249's Debt-to-Equity is ranked worse than
59.52% of 1586 companies
in the Real Estate industry
Industry Median: 0.76 vs BOM:543249: 0.98

TARC Debt-to-Equity Historical Data

The historical data trend for TARC'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.

TARC Debt-to-Equity Chart

TARC Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

0.83

0.87

0.93

1.09

TARC Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial											1.03	N/A	1.09	N/A	0.98

Competitive Comparison of TARC's Debt-to-Equity

For the Real Estate - Development subindustry, TARC'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.

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

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

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

TARC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

TARC'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
	=	(3413.987	+	11365.219)	/	13516.464
	=	1.09

TARC's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(3935.024	+	9386.302)	/	13597.571
	=	0.98

TARC (BOM:543249) 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.

TARC Debt-to-Equity Related Terms

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

TARC (BOM:543249) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » TARC Ltd (BOM:543249) » Definitions » Debt-to-Equity

Traded in Other Exchanges

TARC:India

Address

Katwaria Sarai, 2nd Floor, C-3, Qutab Institutional Area, New Delhi, IND, 110016

Website

https://www.tarc.in

TARC Ltd operates in the real estate industry. The company is engaged in the business of developing and constructing information and technology parks, hospitality projects, special economic zones, office complexes, shopping malls and residential projects in the State of Delhi, Haryana, Rajasthan and the National Capital Region.

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