Indus Towers (BOM:534816) Debt-to-Equity : 0.76 (As of Mar. 2024)

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What is Indus Towers Debt-to-Equity?

Indus Towers's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹52,064 Mil. Indus Towers's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹153,246 Mil. Indus Towers's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹270,388 Mil. Indus Towers's debt to equity for the quarter that ended in Mar. 2024 was 0.76.

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

BOM:534816' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.83 Max: 1.36
Current: 0.76

During the past 13 years, the highest Debt-to-Equity Ratio of Indus Towers was 1.36. The lowest was 0.02. And the median was 0.83.

BOM:534816's Debt-to-Equity is ranked worse than
57.39% of 345 companies
in the Telecommunication Services industry
Industry Median: 0.65 vs BOM:534816: 0.76

Indus Towers Debt-to-Equity Historical Data

The historical data trend for Indus Towers'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.

Indus Towers Debt-to-Equity Chart

Indus Towers Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.34

1.36

0.89

0.91

0.76

Indus Towers 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															0.91	0.87	0.87	N/A	0.76

Competitive Comparison of Indus Towers's Debt-to-Equity

For the Telecom Services subindustry, Indus Towers'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.

Indus Towers's Debt-to-Equity Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Indus Towers's Debt-to-Equity distribution charts can be found below:

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

Indus Towers Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Indus Towers'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
	=	(52064	+	153246)	/	270388
	=	0.76

Indus Towers'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
	=	(52064	+	153246)	/	270388
	=	0.76

Indus Towers (BOM:534816) 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.

Indus Towers Debt-to-Equity Related Terms

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Indus Towers (BOM:534816) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Indus Towers Ltd (BOM:534816) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

INDUSTOWER:India

Address

DLF Cyber City, 4th Floor, Building No. 10, Tower A, Gurugram, HR, IND, 122002

Website

https://www.industowers.com

Indus Towers Ltd Ltd is a telecommunications tower infrastructure service provider. The company deploys, owns, and manages telecom towers and communication structures for mobile operators. The company acquires and builds towers, while also owning and operating telecom towers and related infrastructure. The company primarily generates revenue through a rental fee to tenants of mobile towers. Energy costs such as electricity and fuel charts are usually passed through to tenants. The company generates the vast majority of its revenue in India. The company's assets are located in India and are often ground-based and rooftop towers.

Indus Towers (BOM:534816) Headlines

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