Hindustan Tin Works (BOM:530315) Debt-to-Equity : 0.36 (As of Sep. 2024)

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What is Hindustan Tin Works Debt-to-Equity?

Hindustan Tin Works's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹390 Mil. Hindustan Tin Works's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹364 Mil. Hindustan Tin Works's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₹2,089 Mil. Hindustan Tin Works's debt to equity for the quarter that ended in Sep. 2024 was 0.36.

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 Hindustan Tin Works's Debt-to-Equity or its related term are showing as below:

BOM:530315' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.36 Med: 0.52 Max: 0.96
Current: 0.36

During the past 13 years, the highest Debt-to-Equity Ratio of Hindustan Tin Works was 0.96. The lowest was 0.36. And the median was 0.52.

BOM:530315's Debt-to-Equity is ranked better than
56.39% of 360 companies
in the Packaging & Containers industry
Industry Median: 0.44 vs BOM:530315: 0.36

Hindustan Tin Works Debt-to-Equity Historical Data

The historical data trend for Hindustan Tin Works'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.

Hindustan Tin Works Debt-to-Equity Chart

Hindustan Tin Works Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.45

0.54

0.47

0.39

0.40

Hindustan Tin Works 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															0.36	N/A	0.40	N/A	0.36

Competitive Comparison of Hindustan Tin Works's Debt-to-Equity

For the Packaging & Containers subindustry, Hindustan Tin Works'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.

Hindustan Tin Works's Debt-to-Equity Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Hindustan Tin Works's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Hindustan Tin Works's Debt-to-Equity falls into.

Hindustan Tin Works Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hindustan Tin Works'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
	=	(516.871	+	307.671)	/	2049.001
	=	0.40

Hindustan Tin Works's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(389.638	+	363.62)	/	2089.164
	=	0.36

Hindustan Tin Works (BOM:530315) 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.

Hindustan Tin Works Debt-to-Equity Related Terms

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Hindustan Tin Works Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Hindustan Tin Works Ltd (BOM:530315) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

426, DLF Tower - A, Jasola, New Delhi, IND, 110025

Website

https://www.hindustantin.biz

Hindustan Tin Works Ltd is an Indian-based company that operates in the packaging and containers divisions. The business activity of the group is operated through the Manufacturing and Trading segments. The Manufacturing segment involves the manufacture of metal containers, components, printed and lacquered sheets. The Trading segment includes the purchase and sale of tin plates and easy-open ends. Geographically all the activities function from India. The company generates maximum revenue from the Manufacturing segment.

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