Hathway Cable & Datacom (NSE:HATHWAY) Debt-to-Equity : 0.01 (As of Mar. 2024)

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What is Hathway Cable & Datacom Debt-to-Equity?

Hathway Cable & Datacom's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹71 Mil. Hathway Cable & Datacom's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹126 Mil. Hathway Cable & Datacom's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹42,896 Mil. Hathway Cable & Datacom's debt to equity for the quarter that ended in Mar. 2024 was 0.00.

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 Hathway Cable & Datacom's Debt-to-Equity or its related term are showing as below:

NSE:HATHWAY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.68 Max: 2.1
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Hathway Cable & Datacom was 2.10. The lowest was 0.00. And the median was 0.68.

NSE:HATHWAY's Debt-to-Equity is ranked better than
99.88% of 844 companies
in the Media - Diversified industry
Industry Median: 0.285 vs NSE:HATHWAY: 0.01

Hathway Cable & Datacom Debt-to-Equity Historical Data

The historical data trend for Hathway Cable & Datacom'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.

Hathway Cable & Datacom Debt-to-Equity Chart

Hathway Cable & Datacom Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.52

0.01

Hathway Cable & Datacom 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															-	N/A	-	N/A	0.01

Competitive Comparison of Hathway Cable & Datacom's Debt-to-Equity

For the Entertainment subindustry, Hathway Cable & Datacom'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.

Hathway Cable & Datacom's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Hathway Cable & Datacom's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Hathway Cable & Datacom's Debt-to-Equity falls into.

Hathway Cable & Datacom Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hathway Cable & Datacom'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
	=	(70.6	+	126)	/	42895.5
	=	0.00

Hathway Cable & Datacom'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
	=	(70.6	+	126)	/	42895.5
	=	0.00

Hathway Cable & Datacom (NSE:HATHWAY) 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.

Hathway Cable & Datacom Debt-to-Equity Related Terms

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Hathway Cable & Datacom (NSE:HATHWAY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Hathway Cable & Datacom Ltd (NSE:HATHWAY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

533162:India

Address

Off CST Road, 805/806, Windsor, 8th Floor, Kalina, Santacruz (East), Mumbai, MH, IND, 400 098

Website

https://www.hathway.com

Hathway Cable & Datacom Ltd is an India-based Multi System Operator engaged in providing cable television (TV) network services, broadband services, and allied services. The product range of the company includes digital and analogue cable television, broadband and local television channels. The products offered under the digital cable television services are HD Personal Video Recorder, Hathway SD, and Hathway HD. The company provides TV services in digital mode. In addition, it also offers features like video on demand, an electronic programming guide, and other features. It generates the majority of the revenue from Cable television services. The Group has two reportable segments: Broadband Business and Cable Television.

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