Manjeera Constructions (BOM:533078) Debt-to-Equity : -2.77 (As of Dec. 2023)

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What is Manjeera Constructions Debt-to-Equity?

Manjeera Constructions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹2,387.2 Mil. Manjeera Constructions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹590.8 Mil. Manjeera Constructions's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹-1,076.9 Mil. Manjeera Constructions's debt to equity for the quarter that ended in Dec. 2023 was -2.77.

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

BOM:533078' s Debt-to-Equity Range Over the Past 10 Years
Min: -29.58 Med: 3.67 Max: 21.64
Current: -2.77

During the past 13 years, the highest Debt-to-Equity Ratio of Manjeera Constructions was 21.64. The lowest was -29.58. And the median was 3.67.

BOM:533078's Debt-to-Equity is not ranked
in the Real Estate industry.
Industry Median: 0.76 vs BOM:533078: -2.77

Manjeera Constructions Debt-to-Equity Historical Data

The historical data trend for Manjeera Constructions'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.

Manjeera Constructions Debt-to-Equity Chart

Manjeera Constructions Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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4.74

9.27

-29.58

-5.83

-2.84

Manjeera Constructions 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	-2.84	N/A	-2.60	-2.77

Competitive Comparison of Manjeera Constructions's Debt-to-Equity

For the Real Estate - Development subindustry, Manjeera Constructions'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.

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

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

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

Manjeera Constructions Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Manjeera Constructions'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
	=	(2445.966	+	487.855)	/	-1034.99
	=	-2.83

Manjeera Constructions'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
	=	(2387.207	+	590.803)	/	-1076.91
	=	-2.77

Manjeera Constructions (BOM:533078) 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.

Manjeera Constructions Debt-to-Equity Related Terms

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Manjeera Constructions (BOM:533078) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Manjeera Constructions Ltd (BOM:533078) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

JNTU-Hitech City Road, KPHB, No. 711, Manjeera Trinity Corporate, Beside Manjeera Mall, Kukatpally, Hyderabad, TG, IND, 500072

Website

https://www.manjeera.com

Manjeera Constructions Ltd is engaged in property development, civil construction contracts, infrastructure project development, and Windmill Energy Production. It operates through the Real estate, and Sub Contracted Contractual business, Its residential projects include Manjeera casa, Manjeera Tuscany, Manjeera NewYork and Manjeera Blue. Its commercial projects include Aditya Trade Centre, Manjeera Trinity Corporate, Manjeera Platina and Manjeera Majestic Commercial. Its retail Project Includes Manjeera Mall . Its Hospitality Project include Aditya Park, Aditya Hometel, Radisson Hotel, Majeera Sarovar and Manjeera convention centre. The real Estate segment generates the majority of revenue.

Manjeera Constructions (BOM:533078) Headlines

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