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Bharat Seats (BOM:523229) Debt-to-Equity : 0.96 (As of Mar. 2024)


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What is Bharat Seats Debt-to-Equity?

Bharat Seats's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹419 Mil. Bharat Seats's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹1,180 Mil. Bharat Seats's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹1,668 Mil. Bharat Seats's debt to equity for the quarter that ended in Mar. 2024 was 0.96.

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 Bharat Seats's Debt-to-Equity or its related term are showing as below:

BOM:523229' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.27   Med: 0.4   Max: 1.84
Current: 0.96

During the past 13 years, the highest Debt-to-Equity Ratio of Bharat Seats was 1.84. The lowest was 0.27. And the median was 0.40.

BOM:523229's Debt-to-Equity is ranked worse than
73.72% of 1176 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs BOM:523229: 0.96

Bharat Seats Debt-to-Equity Historical Data

The historical data trend for Bharat Seats'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.

Bharat Seats Debt-to-Equity Chart

Bharat Seats 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 0.35 0.30 0.31 0.45 0.96

Bharat Seats Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.45 N/A 0.66 N/A 0.96

Competitive Comparison of Bharat Seats's Debt-to-Equity

For the Auto Parts subindustry, Bharat Seats'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.


Bharat Seats's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Bharat Seats's Debt-to-Equity distribution charts can be found below:

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



Bharat Seats Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Bharat Seats's Debt to Equity Ratio for the quarter that ended in Mar. 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.


Bharat Seats  (BOM:523229) 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.


Bharat Seats Debt-to-Equity Related Terms

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Bharat Seats (BOM:523229) Business Description

Traded in Other Exchanges
N/A
Address
1, Nelson Mandela Road, Vasant Kunj, New Delhi, IND, 110070
Bharat Seats Ltd is an Indian-based company. The company manufactures complete seating systems and interior components for automotive and surface transport. The products of the company include Four wheeler seating system, Two wheeler seating systems, Moulded carpets, Two wheeler frames and sheet metal components, Railway seats and berths, and Two-wheeler mainframes. The company has market coverage in India.

Bharat Seats (BOM:523229) Headlines

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