CG Power & Industrial Solutions (NSE:CGPOWER) Debt-to-Equity : 0.01 (As of Mar. 2024)

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What is CG Power & Industrial Solutions Debt-to-Equity?

CG Power & Industrial Solutions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹55 Mil. CG Power & Industrial Solutions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹119 Mil. CG Power & Industrial Solutions's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹30,174 Mil. CG Power & Industrial Solutions's debt to equity for the quarter that ended in Mar. 2024 was 0.01.

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 CG Power & Industrial Solutions's Debt-to-Equity or its related term are showing as below:

NSE:CGPOWER' s Debt-to-Equity Range Over the Past 10 Years
Min: -17.52 Med: 0.17 Max: 1.19
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of CG Power & Industrial Solutions was 1.19. The lowest was -17.52. And the median was 0.17.

NSE:CGPOWER's Debt-to-Equity is ranked better than
99.96% of 2631 companies
in the Industrial Products industry
Industry Median: 0.29 vs NSE:CGPOWER: 0.01

CG Power & Industrial Solutions Debt-to-Equity Historical Data

The historical data trend for CG Power & Industrial Solutions'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.

CG Power & Industrial Solutions Debt-to-Equity Chart

CG Power & Industrial Solutions Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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-1.41

-17.52

0.37

0.01

CG Power & Industrial Solutions 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															0.01	N/A	0.01	N/A	0.01

Competitive Comparison of CG Power & Industrial Solutions's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, CG Power & Industrial Solutions'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.

CG Power & Industrial Solutions's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, CG Power & Industrial Solutions's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where CG Power & Industrial Solutions's Debt-to-Equity falls into.

CG Power & Industrial Solutions Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CG Power & Industrial Solutions'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
	=	(55.3	+	119.1)	/	30174.4
	=	0.01

CG Power & Industrial Solutions'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
	=	(55.3	+	119.1)	/	30174.4
	=	0.01

CG Power & Industrial Solutions (NSE:CGPOWER) 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.

CG Power & Industrial Solutions Debt-to-Equity Related Terms

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

CG Power & Industrial Solutions (NSE:CGPOWER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » CG Power & Industrial Solutions Ltd (NSE:CGPOWER) » Definitions » Debt-to-Equity

Traded in Other Exchanges

500093:India

Address

Dr. Annie Besant Road, 6th Floor, CG House, Worli, Mumbai, MH, IND, 400 030

Website

https://www.cgglobal.com

CG Power & Industrial Solutions Ltd is an India based company engaged in providing products, services, and solutions to utilities, industries, and consumers for the management and application of sustainable electrical energy. It has two business segments. Power Systems segment includes products and services from ultra-high-voltage, high voltage, medium voltage and low voltage like transformer, switchgear, and turnkey projects whereas the Industrial Systems segment include rotating machines of power and ratings, automated AC, DC, and variable frequency drives and control systems like electric motors, alternators, drives, traction electronics, and SCADA. It operates in India and internationally and generates its revenues majorly from the Industrial systems segment within India.

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