Trescon (BOM:532159) Debt-to-Equity : 0.02 (As of Mar. 2024)

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What is Trescon Debt-to-Equity?

Trescon's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹4.30 Mil. Trescon's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹12.67 Mil. Trescon's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹1,086.81 Mil. Trescon's debt to equity for the quarter that ended in Mar. 2024 was 0.02.

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

BOM:532159' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.07 Max: 0.66
Current: 0.02

During the past 11 years, the highest Debt-to-Equity Ratio of Trescon was 0.66. The lowest was 0.01. And the median was 0.07.

BOM:532159's Debt-to-Equity is ranked better than
97.34% of 1579 companies
in the Real Estate industry
Industry Median: 0.76 vs BOM:532159: 0.02

Trescon Debt-to-Equity Historical Data

The historical data trend for Trescon'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.

Trescon Debt-to-Equity Chart

Trescon Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.06

0.01

0.02

Trescon Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															N/A	0.01	0.01	N/A	0.02

Competitive Comparison of Trescon's Debt-to-Equity

For the Real Estate - Development subindustry, Trescon'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.

Trescon's Debt-to-Equity Distribution in the Real Estate Industry

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

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

Trescon Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Trescon'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
	=	(4.3	+	12.674)	/	1086.814
	=	0.02

Trescon'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
	=	(4.3	+	12.674)	/	1086.814
	=	0.02

Trescon (BOM:532159) 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.

Trescon Debt-to-Equity Related Terms

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

Trescon (BOM:532159) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Trescon Ltd (BOM:532159) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

New Prabhadevi Road, 203-204, Second Floor, Orbit Plaza, Prabhadevi, Mumbai, MH, IND, 400 025

Website

https://www.trescon.com

Trescon Ltd is engaged in the business of real estate development and allied operations on its own or joint ventures with others. Its project portfolio includes The Baya park, The Kanjurmarg, Triveni Laurel, Floral Valley, and others.

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