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Tata Motors Ltd  (NYSE:TTM) Debt-to-Equity: 1.47 (As of Mar. 2017)

Tata Motors Ltd's Current Portion of Long-Term Debt for the quarter that ended in Mar. 2017 was $2,732 Mil. Tata Motors Ltd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2017 was $9,212 Mil. Tata Motors Ltd's Total Equity for the quarter that ended in Mar. 2017 was $8,118 Mil. Tata Motors Ltd's debt to equity for the quarter that ended in Mar. 2017 was 1.47.

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.

NYSE:TTM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.45   Max: 12.62
Current: 1.47

0.45
12.62

During the past 13 years, the highest Debt-to-Equity Ratio of Tata Motors Ltd was 12.62. The lowest was 0.45. And the median was 1.21.

NYSE:TTM's Debt-to-Equity is ranked lower than
99.99% of the 1093 Companies
in the Global industry.

( Industry Median: 0.50 vs. NYSE:TTM: 1.47 )

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Tata Motors Ltd Annual Data

Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
Debt-to-Equity Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.53 0.99 1.36 0.91 1.47

Tata Motors Ltd Quarterly Data

Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
Debt-to-Equity Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9,999.00 1.26 9,999.00 1.47 9,999.00

Competitive Comparison
* 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.


Calculation

Debt to Equity measures the financial leverage a company has.

Tata Motors Ltd's Debt to Equity Ratio for the fiscal year that ended in Mar. 2017 is calculated as

Debt to Equity=Total Debt / Total Equity
=(Current Portion of Long-Term Debt + Long-Term Debt & Capital Lease Obligation) / Total Equity
=(2731.69515918 + 9212.40590934) / 8118.384399
=1.47

Tata Motors Ltd's Debt to Equity Ratio for the quarter that ended in Mar. 2017 is calculated as

Debt to Equity=Total Debt / Total Equity
=(Current Portion of Long-Term Debt + Long-Term Debt & Capital Lease Obligation) / Total Equity
=(2731.69515918 + 9212.40590934) / 8118.384399
=1.47

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

In the calculation of Debt to Equity, we use the total of Current Portion of Long-Term Debt and Long-Term Debt & Capital Lease Obligation divided by Total 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.


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