IRCON International (NSE:IRCON) Debt-to-Equity : N/A (As of Dec. 2023)

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What is IRCON International Debt-to-Equity?

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

NSE:IRCON' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08 Med: 0.3 Max: 0.85
Current: 0.3

During the past 11 years, the highest Debt-to-Equity Ratio of IRCON International was 0.85. The lowest was 0.08. And the median was 0.30.

NSE:IRCON's Debt-to-Equity is ranked better than
60.12% of 1512 companies
in the Construction industry
Industry Median: 0.44 vs NSE:IRCON: 0.30

IRCON International Debt-to-Equity Historical Data

The historical data trend for IRCON 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.

IRCON International Debt-to-Equity Chart

IRCON International Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.78

0.08

0.30

0.29

IRCON International 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	0.29	N/A	0.30	N/A

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

For the Engineering & Construction subindustry, IRCON 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.

IRCON International's Debt-to-Equity Distribution in the Construction Industry

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

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

IRCON International Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

IRCON International'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
	=	(639.7	+	14407.5)	/	52114.9
	=	0.29

IRCON International'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

IRCON International (NSE:IRCON) 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.

IRCON International Debt-to-Equity Related Terms

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

IRCON International (NSE:IRCON) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » IRCON International Ltd (NSE:IRCON) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

541956:India

Address

Plot No. C-4, District Centre, Saket, New Delhi, IND, 110017

Website

https://www.ircon.org

IRCON International Ltd is an India based integrated engineering and construction company. It specializes in infrastructure projects including railways, highways, bridges, flyovers, tunnels, aircraft maintenance hangars, runways, electrical and mechanical works, commercial and residential properties, development of industrial areas, and other infrastructure activities. It derives the majority of the revenue from the Railways sector. Geographically, it derives a majority of revenue from India.

IRCON International (NSE:IRCON) Headlines

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