Walchandnagar Industries (NSE:WALCHANNAG) Debt-to-Equity : N/A (As of Dec. 2023)

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What is Walchandnagar Industries Debt-to-Equity?

Walchandnagar Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Walchandnagar Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Walchandnagar Industries's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹0 Mil.

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

NSE:WALCHANNAG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.43 Med: 1.18 Max: 2.61
Current: 1.13

During the past 13 years, the highest Debt-to-Equity Ratio of Walchandnagar Industries was 2.61. The lowest was 0.43. And the median was 1.18.

NSE:WALCHANNAG's Debt-to-Equity is ranked worse than
79.26% of 1519 companies
in the Construction industry
Industry Median: 0.44 vs NSE:WALCHANNAG: 1.13

Walchandnagar Industries Debt-to-Equity Historical Data

The historical data trend for Walchandnagar Industries'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.

Walchandnagar Industries Debt-to-Equity Chart

Walchandnagar Industries Annual Data

Trend

Sep14

Sep15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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1.35

1.51

1.94

2.53

1.12

Walchandnagar Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															N/A	1.12	N/A	1.13	N/A

Competitive Comparison of Walchandnagar Industries's Debt-to-Equity

For the Engineering & Construction subindustry, Walchandnagar Industries'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.

Walchandnagar Industries's Debt-to-Equity Distribution in the Construction Industry

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

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

Walchandnagar Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Walchandnagar Industries'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
	=	(2429.4	+	499.3)	/	2606.5
	=	1.12

Walchandnagar Industries's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(0	+	0)	/	0
	=	N/A

Walchandnagar Industries (NSE:WALCHANNAG) 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.

Walchandnagar Industries Debt-to-Equity Related Terms

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Walchandnagar Industries (NSE:WALCHANNAG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Walchandnagar Industries Ltd (NSE:WALCHANNAG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

507410:India

Address

S. No.12/3-B, G. A. Kulkarni Path, Building No. 1, 9th Floor, Siddharth Towers, Kothrud, Pune, MH, IND, 411 038

Website

https://www.walchand.com

Walchandnagar Industries Ltd is an India-based company, that engages in manufacturing engineering products. It provides its services in the fields of Nuclear Power, Aerospace, Missile, Defence, Oil and Gas, Steam generation plants, Independent power projects, Turnkey Cement plants, Mineral Processing, Bulk Material handling, and Turnkey Sugar plants. It operates through the following segments: Heavy Engineering, Foundry and Machine Shop, and Others. The firm generates maximum revenue from the Heavy Engineering segment.

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