Orient Green Power Co (BOM:533263) Debt-to-Equity : 0.54 (As of Sep. 2024)

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What is Orient Green Power Co Debt-to-Equity?

Orient Green Power Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹1,097 Mil. Orient Green Power Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹4,924 Mil. Orient Green Power Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₹11,154 Mil. Orient Green Power Co's debt to equity for the quarter that ended in Sep. 2024 was 0.54.

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 Orient Green Power Co's Debt-to-Equity or its related term are showing as below:

BOM:533263' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.54 Med: 2.51 Max: 3.04
Current: 0.54

During the past 13 years, the highest Debt-to-Equity Ratio of Orient Green Power Co was 3.04. The lowest was 0.54. And the median was 2.51.

BOM:533263's Debt-to-Equity is ranked better than
65.24% of 397 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.79 vs BOM:533263: 0.54

Orient Green Power Co Debt-to-Equity Historical Data

The historical data trend for Orient Green Power Co'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.

Orient Green Power Co Debt-to-Equity Chart

Orient Green Power Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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2.68

2.96

2.53

2.08

0.96

Orient Green Power Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															1.01	N/A	0.96	N/A	0.54

Competitive Comparison of Orient Green Power Co's Debt-to-Equity

For the Utilities - Independent Power Producers subindustry, Orient Green Power Co'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.

Orient Green Power Co's Debt-to-Equity Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Orient Green Power Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Orient Green Power Co's Debt-to-Equity falls into.

Orient Green Power Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Orient Green Power Co'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
	=	(1086.8	+	6448.5)	/	7881.3
	=	0.96

Orient Green Power Co's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(1097	+	4923.5)	/	11154
	=	0.54

Orient Green Power Co (BOM:533263) 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.

Orient Green Power Co Debt-to-Equity Related Terms

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Orient Green Power Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Orient Green Power Co Ltd (BOM:533263) » Definitions » Debt-to-Equity

Traded in Other Exchanges

GREENPOWER:India

Address

No.10/1, Venkatanarayana Road, Bascon Futura SV, 4th Floor, T.Nagar, Chennai, TN, IND, 600017

Website

https://www.orientgreenpower.com

Orient Green Power Co Ltd is an India-based power-producing company, through renewable resources. It is mainly engaged in the development and operation of renewable energy power plants. It is focused on wind energy. The group has operations in India and internationally of which key revenue is derived from India.

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