Coal India (NSE:COALINDIA) Debt-to-Equity : N/A (As of Dec. 2023)

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What is Coal India Debt-to-Equity?

Coal India's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Coal India's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Coal India'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 Coal India's Debt-to-Equity or its related term are showing as below:

NSE:COALINDIA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.07 Max: 0.2
Current: 0.09

During the past 13 years, the highest Debt-to-Equity Ratio of Coal India was 0.20. The lowest was 0.00. And the median was 0.07.

NSE:COALINDIA's Debt-to-Equity is ranked better than
74.22% of 128 companies
in the Other Energy Sources industry
Industry Median: 0.23 vs NSE:COALINDIA: 0.09

Coal India Debt-to-Equity Historical Data

The historical data trend for Coal India'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.

Coal India Debt-to-Equity Chart

Coal India Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

Get a 7-Day Free Trial

0.08

0.20

0.16

0.08

Coal India 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	0.08	N/A	0.09	N/A

Competitive Comparison of Coal India's Debt-to-Equity

For the Thermal Coal subindustry, Coal India'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.

Coal India's Debt-to-Equity Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Coal India's Debt-to-Equity distribution charts can be found below:

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

Coal India Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Coal India'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
	=	(681.7	+	42632.5)	/	572448.9
	=	0.08

Coal India'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

Coal India (NSE:COALINDIA) 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.

Coal India Debt-to-Equity Related Terms

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

Coal India (NSE:COALINDIA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Coal India Ltd (NSE:COALINDIA) » Definitions » Debt-to-Equity

Traded in Other Exchanges

533278:India

Address

Coal Bhawan, Premises No-04 MAR, Plot No-AF-III, Action Area-1A, 3rd Floor, Core-2, New Town, Rajarhat, Kolkata, WB, IND, 700156

Website

https://www.coalindia.in

Coal India Ltd is a state-owned coal mining company, which was formed when the government took over many private coal mines. As one of the largest coal producers in the world, Coal India is responsible for the vast majority of India's coal production. The company operates across numerous mining areas spread over various provincial states of India, and one mine planning and consultancy company. The Company is primarily engaged in a single segment business of production and sale of Coal. Coal India has hundreds of mines, the bulk of which are underground, closely trailed by open-pit, while also operating multiple coking coal washeries.

Coal India (NSE:COALINDIA) Headlines

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