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TGV Sraac (BOM:507753) Debt-to-Equity : 0.33 (As of Sep. 2024)


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What is TGV Sraac Debt-to-Equity?

TGV Sraac's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹2,900 Mil. TGV Sraac's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹868 Mil. TGV Sraac's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₹11,457 Mil. TGV Sraac's debt to equity for the quarter that ended in Sep. 2024 was 0.33.

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 TGV Sraac's Debt-to-Equity or its related term are showing as below:

BOM:507753' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.22   Med: 0.69   Max: 1.33
Current: 0.33

During the past 13 years, the highest Debt-to-Equity Ratio of TGV Sraac was 1.33. The lowest was 0.22. And the median was 0.69.

BOM:507753's Debt-to-Equity is ranked better than
53.43% of 1398 companies
in the Chemicals industry
Industry Median: 0.36 vs BOM:507753: 0.33

TGV Sraac Debt-to-Equity Historical Data

The historical data trend for TGV Sraac'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.

TGV Sraac Debt-to-Equity Chart

TGV Sraac Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.78 0.82 0.62 0.22 0.29

TGV Sraac Quarterly Data
Dec19 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 0.22 N/A 0.29 N/A 0.33

Competitive Comparison of TGV Sraac's Debt-to-Equity

For the Chemicals subindustry, TGV Sraac'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.


TGV Sraac's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, TGV Sraac's Debt-to-Equity distribution charts can be found below:

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



TGV Sraac Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

TGV Sraac's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

TGV Sraac'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.


TGV Sraac  (BOM:507753) 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.


TGV Sraac Debt-to-Equity Related Terms

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


TGV Sraac Business Description

Traded in Other Exchanges
N/A
Address
Krishna Jyothsna Complex, 40-304, 2nd Floor, Bhagyanagar, Kurnool, AP, IND, 518 004
TGV Sraac Ltd operates in the chemical business. The company has two segments namely Chemicals, Oils, and Fats. The Chemical segment includes Caustic Soda Lye/ Flakes, Chlorine, Hydrochloric Acid, Potassium Hydroxide Lye/ Flakes, and chloromethanes. Whereas Oils and Fats segment products consist of Hydrogenated Castor Oil, 12-hydroxy Stearic Acid, Stearic Acid, and Soap Noodles. The company generates maximum revenue from the Chemicals segment.

TGV Sraac Headlines

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