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Johnson Controls - Hitachi Air Conditioning India (BOM:523398) Debt-to-Equity : N/A (As of Dec. 2023)


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What is Johnson Controls - Hitachi Air Conditioning India Debt-to-Equity?

Johnson Controls - Hitachi Air Conditioning India's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Johnson Controls - Hitachi Air Conditioning India's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Johnson Controls - Hitachi Air Conditioning India's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹0 Mil.

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 Johnson Controls - Hitachi Air Conditioning India's Debt-to-Equity or its related term are showing as below:

BOM:523398' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.2   Max: 0.52
Current: 0.43

During the past 13 years, the highest Debt-to-Equity Ratio of Johnson Controls - Hitachi Air Conditioning India was 0.52. The lowest was 0.01. And the median was 0.20.

BOM:523398's Debt-to-Equity is ranked worse than
57.59% of 382 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.35 vs BOM:523398: 0.43

Johnson Controls - Hitachi Air Conditioning India Debt-to-Equity Historical Data

The historical data trend for Johnson Controls - Hitachi Air Conditioning 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.

Johnson Controls - Hitachi Air Conditioning India Debt-to-Equity Chart

Johnson Controls - Hitachi Air Conditioning India Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.27 0.12 0.15 0.29

Johnson Controls - Hitachi Air Conditioning India Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 N/A 0.29 N/A 0.43 N/A

Competitive Comparison of Johnson Controls - Hitachi Air Conditioning India's Debt-to-Equity

For the Furnishings, Fixtures & Appliances subindustry, Johnson Controls - Hitachi Air Conditioning 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.


Johnson Controls - Hitachi Air Conditioning India's Debt-to-Equity Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Johnson Controls - Hitachi Air Conditioning India's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Johnson Controls - Hitachi Air Conditioning India's Debt-to-Equity falls into.



Johnson Controls - Hitachi Air Conditioning India Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Johnson Controls - Hitachi Air Conditioning India's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Johnson Controls - Hitachi Air Conditioning India's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Johnson Controls - Hitachi Air Conditioning India  (BOM:523398) 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.


Johnson Controls - Hitachi Air Conditioning India Debt-to-Equity Related Terms

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Johnson Controls - Hitachi Air Conditioning India (BOM:523398) Business Description

Traded in Other Exchanges
Address
Hitachi Complex, Karan Nagar Kadi District, Mehsana, GJ, IND, 384 440
Johnson Controls - Hitachi Air Conditioning India Ltd is a manufacturer and trader of home appliances. The company is headquartered in India and generates the majority of revenue domestically. The company produces air conditioners, refrigerators, air purifiers, washing machines, chillers, telecom cooling units, variable refrigerant flow systems, and centrifugal chillers. The company has a network of showrooms and service centres across India, which include dealers and franchisees, in addition to a sales network.

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