Sindhu Trade Links (BOM:532029) Debt-to-Equity : 0.70 (As of Dec. 2023)

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What is Sindhu Trade Links Debt-to-Equity?

Sindhu Trade Links's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹2,605 Mil. Sindhu Trade Links's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹7,733 Mil. Sindhu Trade Links's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹14,734 Mil. Sindhu Trade Links's debt to equity for the quarter that ended in Dec. 2023 was 0.70.

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 Sindhu Trade Links's Debt-to-Equity or its related term are showing as below:

BOM:532029' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.7 Med: 1.16 Max: 2.81
Current: 0.7

During the past 12 years, the highest Debt-to-Equity Ratio of Sindhu Trade Links was 2.81. The lowest was 0.70. And the median was 1.16.

BOM:532029's Debt-to-Equity is ranked worse than
56.26% of 471 companies
in the Conglomerates industry
Industry Median: 0.56 vs BOM:532029: 0.70

Sindhu Trade Links Debt-to-Equity Historical Data

The historical data trend for Sindhu Trade Links'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.

Sindhu Trade Links Debt-to-Equity Chart

Sindhu Trade Links Annual Data

Trend

Mar11

Mar12

Mar13

Mar16

Mar17

Mar18

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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1.40

1.06

1.16

1.30

1.23

Sindhu Trade Links Quarterly Data
	Mar18	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															1.16	1.23	1.19	1.06	0.70

Competitive Comparison of Sindhu Trade Links's Debt-to-Equity

For the Conglomerates subindustry, Sindhu Trade Links'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.

Sindhu Trade Links's Debt-to-Equity Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Sindhu Trade Links's Debt-to-Equity distribution charts can be found below:

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

Sindhu Trade Links Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sindhu Trade Links'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
	=	(7547.565	+	8832.977)	/	13321.305
	=	1.23

Sindhu Trade Links'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
	=	(2605.07	+	7732.757)	/	14733.562
	=	0.70

Sindhu Trade Links (BOM:532029) 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.

Sindhu Trade Links Debt-to-Equity Related Terms

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Sindhu Trade Links (BOM:532029) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Sindhu Trade Links Ltd (BOM:532029) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SINDHUTRAD:India

Address

Sector 30, 7th Floor, Tower A, Signature Tower, Moti Nagar, New Delhi, IND, 122003

Website

https://www.sindhutrade.com

Sindhu Trade Links Ltd is engaged in activities of transportation, media, investment and finance, Petrol Pump Operations, Power Distribution and Engineering Projects, and Overseas Mining and Trading of Coal. The operating segments of the company are Finance and Investment, Oil, Lubricants and Spares, Transportation and Logistics, Generation & Supply of Electricity, and Oil Drilling Operations. It generates maximum revenue from the Transportation and Logistics segment. Geographically, it derives a majority of its revenue from India.

Sindhu Trade Links (BOM:532029) Headlines

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