Dolphin Offshore Enterprises India (BOM:522261) Debt-to-Equity : 0.01 (As of Mar. 2024)

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What is Dolphin Offshore Enterprises India Debt-to-Equity?

Dolphin Offshore Enterprises India's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0.00 Mil. Dolphin Offshore Enterprises India's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹11.63 Mil. Dolphin Offshore Enterprises India's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹2,213.27 Mil. Dolphin Offshore Enterprises India's debt to equity for the quarter that ended in Mar. 2024 was 0.01.

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 Dolphin Offshore Enterprises India's Debt-to-Equity or its related term are showing as below:

BOM:522261' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.1 Max: 3.13
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Dolphin Offshore Enterprises India was 3.13. The lowest was 0.01. And the median was 0.10.

BOM:522261's Debt-to-Equity is ranked better than
99.88% of 830 companies
in the Oil & Gas industry
Industry Median: 0.45 vs BOM:522261: 0.01

Dolphin Offshore Enterprises India Debt-to-Equity Historical Data

The historical data trend for Dolphin Offshore Enterprises India'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.

Dolphin Offshore Enterprises India Debt-to-Equity Chart

Dolphin Offshore Enterprises India Annual Data

Trend

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar22

Mar23

Mar24

Debt-to-Equity

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0.10

0.11

3.13

0.10

0.01

Dolphin Offshore Enterprises India Semi-Annual Data
	Mar07	Mar08	Mar09	Mar10	Mar11	Mar12	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18	Mar22	Mar23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial										0.10	0.11	3.13	0.10	0.01

Competitive Comparison of Dolphin Offshore Enterprises India's Debt-to-Equity

For the Oil & Gas Equipment & Services subindustry, Dolphin Offshore Enterprises India'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.

Dolphin Offshore Enterprises India's Debt-to-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Dolphin Offshore Enterprises India's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Dolphin Offshore Enterprises India's Debt-to-Equity falls into.

Dolphin Offshore Enterprises India Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Dolphin Offshore Enterprises India'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
	=	(0	+	11.631)	/	2213.267
	=	0.01

Dolphin Offshore Enterprises India'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
	=	(0	+	11.631)	/	2213.267
	=	0.01

Dolphin Offshore Enterprises India (BOM:522261) 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.

Dolphin Offshore Enterprises India Debt-to-Equity Related Terms

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Dolphin Offshore Enterprises India (BOM:522261) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Dolphin Offshore Enterprises India Ltd (BOM:522261) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

DOLPHIN:India

Address

Zillion Junction Of LBS Marg, CST Road, Unit No. 301, Kurla (West), Mumbai, MH, IND, 400070

Website

http://www.dolphinoffshore.com

Dolphin Offshore Enterprises India Ltd is a provider of underwater services to the Indian oil and gas industry including underwater diving and engineering, design and engineering, vessel operations and management, marine logistics, and fabrication.

Dolphin Offshore Enterprises India (BOM:522261) Headlines

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