GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » TECIL Chemicals & Hydro Power Ltd (BOM:506680) » Definitions » Debt-to-Equity

TECIL Chemicals & Hydro Power (BOM:506680) Debt-to-Equity : -0.75 (As of Sep. 2024)


View and export this data going back to 2017. Start your Free Trial

What is TECIL Chemicals & Hydro Power Debt-to-Equity?

TECIL Chemicals & Hydro Power's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹0.00 Mil. TECIL Chemicals & Hydro Power's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹134.77 Mil. TECIL Chemicals & Hydro Power's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₹-180.77 Mil. TECIL Chemicals & Hydro Power's debt to equity for the quarter that ended in Sep. 2024 was -0.75.

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 TECIL Chemicals & Hydro Power's Debt-to-Equity or its related term are showing as below:

BOM:506680' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.75   Med: -0.74   Max: -0.05
Current: -0.75

During the past 9 years, the highest Debt-to-Equity Ratio of TECIL Chemicals & Hydro Power was -0.05. The lowest was -0.75. And the median was -0.74.

BOM:506680's Debt-to-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.15 vs BOM:506680: -0.75

TECIL Chemicals & Hydro Power Debt-to-Equity Historical Data

The historical data trend for TECIL Chemicals & Hydro Power'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.

TECIL Chemicals & Hydro Power Debt-to-Equity Chart

TECIL Chemicals & Hydro Power Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only -0.12 -0.75 -0.75 -0.74 -0.74

TECIL Chemicals & Hydro Power Quarterly Data
Mar19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-Equity Get a 7-Day Free Trial 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 -0.74 N/A -0.74 N/A -0.75

Competitive Comparison of TECIL Chemicals & Hydro Power's Debt-to-Equity

For the Shell Companies subindustry, TECIL Chemicals & Hydro Power'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.


TECIL Chemicals & Hydro Power's Debt-to-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, TECIL Chemicals & Hydro Power's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where TECIL Chemicals & Hydro Power's Debt-to-Equity falls into.



TECIL Chemicals & Hydro Power Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

TECIL Chemicals & Hydro Power's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

TECIL Chemicals & Hydro Power's Debt to Equity Ratio for the quarter that ended in Sep. 2024 is calculated as

* 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.


TECIL Chemicals & Hydro Power  (BOM:506680) 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.


TECIL Chemicals & Hydro Power Debt-to-Equity Related Terms

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


TECIL Chemicals & Hydro Power Business Description

Traded in Other Exchanges
Address
Vyttila-Aroor Byepass Road, 1st Floor, Anjana Complex, Kundannoor, Kochi, KL, IND, 682304
TECIL Chemicals & Hydro Power Ltd is engaged in the manufacturing of basic industrial chemicals and synthetic resins but now the company has not in any operations for the last few years.

TECIL Chemicals & Hydro Power Headlines

No Headlines