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Ishan International (NSE:ISHAN) Debt-to-Equity : 0.23 (As of Sep. 2023)


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What is Ishan International Debt-to-Equity?

Ishan International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹43.3 Mil. Ishan International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹9.6 Mil. Ishan International's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹231.4 Mil. Ishan International's debt to equity for the quarter that ended in Sep. 2023 was 0.23.

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

NSE:ISHAN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.2   Med: 0.76   Max: 1.48
Current: 0.23

During the past 4 years, the highest Debt-to-Equity Ratio of Ishan International was 1.48. The lowest was 0.20. And the median was 0.76.

NSE:ISHAN's Debt-to-Equity is ranked better than
67.91% of 187 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 0.41 vs NSE:ISHAN: 0.23

Ishan International Debt-to-Equity Historical Data

The historical data trend for Ishan International'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.

Ishan International Debt-to-Equity Chart

Ishan International Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
1.21 1.48 1.37 0.20

Ishan International Semi-Annual Data
Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Debt-to-Equity Get a 7-Day Free Trial N/A 1.37 0.31 0.20 0.23

Competitive Comparison of Ishan International's Debt-to-Equity

For the Farm & Heavy Construction Machinery subindustry, Ishan International'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.


Ishan International's Debt-to-Equity Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Ishan International's Debt-to-Equity distribution charts can be found below:

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



Ishan International Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ishan International's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Ishan International's Debt to Equity Ratio for the quarter that ended in Sep. 2023 is calculated as

* 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.


Ishan International  (NSE:ISHAN) 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.


Ishan International Debt-to-Equity Related Terms

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Ishan International (NSE:ISHAN) Business Description

Traded in Other Exchanges
N/A
Address
1616, WTT Building, 16th Floor, Sector 16, Noida, UP, IND, 201301
Ishan International Ltd is a heavy engineering company. It is engaged in contracting and building projects that focus on supplying machines, erection/installation, commissioning and operational training for sugar plants, jaggery plants, pharmaceutical plants, hydropower plants and pollution control systems. The company also provides high-end engineering services and solutions for all types of activities in Hydro Power, Sugar and Jaggery, Pharmaceuticals, and Pollution Control Systems.

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