Prime Property Development (BOM:530695) Debt-to-Equity : N/A (As of Dec. 2023)

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What is Prime Property Development Debt-to-Equity?

Prime Property Development's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.0 Mil. Prime Property Development's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.0 Mil. Prime Property Development's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹0.0 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 Prime Property Development's Debt-to-Equity or its related term are showing as below:

BOM:530695' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.01 Max: 0.09
Current: 0.04

During the past 13 years, the highest Debt-to-Equity Ratio of Prime Property Development was 0.09. The lowest was 0.00. And the median was 0.01.

BOM:530695's Debt-to-Equity is ranked better than
93.24% of 1584 companies
in the Real Estate industry
Industry Median: 0.76 vs BOM:530695: 0.04

Prime Property Development Debt-to-Equity Historical Data

The historical data trend for Prime Property Development'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.

Prime Property Development Debt-to-Equity Chart

Prime Property Development Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

Get a 7-Day Free Trial

0.01

0.09

Prime Property Development 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															N/A	0.09	N/A	0.04	N/A

Competitive Comparison of Prime Property Development's Debt-to-Equity

For the Real Estate - Development subindustry, Prime Property Development'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.

Prime Property Development's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Prime Property Development's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Prime Property Development's Debt-to-Equity falls into.

Prime Property Development Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Prime Property Development's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 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
	=	(63.706	+	0)	/	712.193
	=	0.09

Prime Property Development's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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	+	0)	/	0
	=	N/A

Prime Property Development (BOM:530695) 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.

Prime Property Development Debt-to-Equity Related Terms

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

Prime Property Development (BOM:530695) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Prime Property Development Corp Ltd (BOM:530695) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Gulmohar Road No.1, 501, Soni House, Plot No. 34, J.V.P.D. Scheme, Vile Parle - West, Mumbai, MH, IND, 400049

Website

http://www.ppdcl.com

Prime Property Development Corp Ltd is engaged in the business of property development. The company is also involved in the Property Development business and trading of shares and securities. The company's projects are located mainly in the Western suburbs of Mumbai, from Bandra to Goregaon. The Company property development is broadly classified as comprising residential apartments, celebrity houses, commercial properties, and malls.

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