Global Vectra Helicorp (BOM:532773) Debt-to-Equity : 23.72 (As of Mar. 2024)

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What is Global Vectra Helicorp Debt-to-Equity?

Global Vectra Helicorp's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹1,755 Mil. Global Vectra Helicorp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹3,417 Mil. Global Vectra Helicorp's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹218 Mil. Global Vectra Helicorp's debt to equity for the quarter that ended in Mar. 2024 was 23.72.

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 Global Vectra Helicorp's Debt-to-Equity or its related term are showing as below:

BOM:532773' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.51 Med: 5.63 Max: 23.72
Current: 23.72

During the past 13 years, the highest Debt-to-Equity Ratio of Global Vectra Helicorp was 23.72. The lowest was 1.51. And the median was 5.63.

BOM:532773's Debt-to-Equity is ranked worse than
99.1% of 884 companies
in the Transportation industry
Industry Median: 0.55 vs BOM:532773: 23.72

Global Vectra Helicorp Debt-to-Equity Historical Data

The historical data trend for Global Vectra Helicorp'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.

Global Vectra Helicorp Debt-to-Equity Chart

Global Vectra Helicorp Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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4.87

7.13

8.95

14.74

23.72

Global Vectra Helicorp 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															14.74	N/A	33.56	N/A	23.72

Competitive Comparison of Global Vectra Helicorp's Debt-to-Equity

For the Airports & Air Services subindustry, Global Vectra Helicorp'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.

Global Vectra Helicorp's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Global Vectra Helicorp's Debt-to-Equity distribution charts can be found below:

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

Global Vectra Helicorp Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Global Vectra Helicorp'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
	=	(1755.237	+	3417.321)	/	218.074
	=	23.72

Global Vectra Helicorp'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
	=	(1755.237	+	3417.321)	/	218.074
	=	23.72

Global Vectra Helicorp (BOM:532773) 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.

Global Vectra Helicorp Debt-to-Equity Related Terms

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Global Vectra Helicorp (BOM:532773) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Global Vectra Helicorp Ltd (BOM:532773) » Definitions » Debt-to-Equity

Traded in Other Exchanges

GLOBALVECT:India

Address

Hangar Number - C - He / Hf, Airports Authority of India, Civil Aerodrome, Juhu, Mumbai, MH, IND, 400056

Website

https://www.globalhelicorp.com

Global Vectra Helicorp Ltd is engaged in providing helicopter services. The company provides onshore and offshore services for oil and gas operations, the productions sector, geophysical survey, corporate and VIP flights, aerial photography and filming, religious tourism, emergency services, underslung operations, and power grid maintenance. It operates in a single segment that is the provision of helicopter services in India. The company has its main maintenance base at Juhu Airport, Mumbai with sub-bases supporting onshore and offshore operations across the length and breadth of India.

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