Radhe Developers (India) (BOM:531273) Debt-to-Equity : 0.84 (As of Mar. 2024)

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What is Radhe Developers (India) Debt-to-Equity?

Radhe Developers (India)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹334.90 Mil. Radhe Developers (India)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹89.35 Mil. Radhe Developers (India)'s Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹505.47 Mil. Radhe Developers (India)'s debt to equity for the quarter that ended in Mar. 2024 was 0.84.

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 Radhe Developers (India)'s Debt-to-Equity or its related term are showing as below:

BOM:531273' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.08 Max: 2.46
Current: 0.64

During the past 13 years, the highest Debt-to-Equity Ratio of Radhe Developers (India) was 2.46. The lowest was 0.01. And the median was 0.08.

BOM:531273's Debt-to-Equity is ranked better than
55.41% of 1579 companies
in the Real Estate industry
Industry Median: 0.75 vs BOM:531273: 0.64

Radhe Developers (India) Debt-to-Equity Historical Data

The historical data trend for Radhe Developers (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.

Radhe Developers (India) Debt-to-Equity Chart

Radhe Developers (India) Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.03

0.02

0.19

0.41

0.84

Radhe Developers (India) 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															0.41	N/A	0.64	N/A	0.84

Competitive Comparison of Radhe Developers (India)'s Debt-to-Equity

For the Real Estate - Development subindustry, Radhe Developers (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.

Radhe Developers (India)'s Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Radhe Developers (India)'s Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Radhe Developers (India)'s Debt-to-Equity falls into.

Radhe Developers (India) Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Radhe Developers (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
	=	(334.895	+	89.351)	/	505.473
	=	0.84

Radhe Developers (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
	=	(334.895	+	89.351)	/	505.473
	=	0.84

Radhe Developers (India) (BOM:531273) 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.

Radhe Developers (India) Debt-to-Equity Related Terms

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Radhe Developers (India) (BOM:531273) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Radhe Developers (India) Ltd (BOM:531273) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Radhe Acres, Block No. 220, 226 & 227, B/h. Applewoods Township, Ahmedabad, GJ, IND, 380 058

Website

https://www.radhedevelopers.com

Radhe Developers (India) Ltd. is a real estate company. It engages in activities related to real estate development. The company offers residential, commercial, plotting, and social infrastructure projects. Geographically, it operates and derives revenue from India. Its ongoing project includes Emerald Park, Radhe Serene, and Radiance Residency.

Radhe Developers (India) (BOM:531273) Headlines

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