Hardwyn India (BOM:541276) Debt-to-Equity : 0.02 (As of Sep. 2024)

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What is Hardwyn India Debt-to-Equity?

Hardwyn India's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹60 Mil. Hardwyn India's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹6 Mil. Hardwyn India's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₹3,877 Mil. Hardwyn India's debt to equity for the quarter that ended in Sep. 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 Hardwyn India's Debt-to-Equity or its related term are showing as below:

BOM:541276' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.02 Max: 0.58
Current: 0.02

During the past 7 years, the highest Debt-to-Equity Ratio of Hardwyn India was 0.58. The lowest was 0.00. And the median was 0.02.

BOM:541276's Debt-to-Equity is ranked better than
95.97% of 1565 companies
in the Construction industry
Industry Median: 0.44 vs BOM:541276: 0.02

Hardwyn India Debt-to-Equity Historical Data

The historical data trend for Hardwyn India'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.

Hardwyn India Debt-to-Equity Chart

Hardwyn India Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.41

0.43

0.01

0.02

Hardwyn India Quarterly Data
	Sep17	Jan18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.01	N/A	0.02	N/A	0.02

Competitive Comparison of Hardwyn India's Debt-to-Equity

For the Building Products & Equipment subindustry, Hardwyn India'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.

Hardwyn India's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Hardwyn India's Debt-to-Equity distribution charts can be found below:

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

Hardwyn India Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hardwyn India'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
	=	(85.597	+	6.785)	/	3824.842
	=	0.02

Hardwyn India'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
	=	(59.961	+	6.272)	/	3876.586
	=	0.02

Hardwyn India (BOM:541276) 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.

Hardwyn India Debt-to-Equity Related Terms

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Hardwyn India Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Hardwyn India Ltd (BOM:541276) » Definitions » Debt-to-Equity

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HARDWYN:India

Address

Mayapuri Industrial Area, B-101, Phase-1, South West Delhi, New Delhi, IND, 110064

Website

https://www.hardwyn.com

Hardwyn India Ltd is engaged in the trading business of aluminium products including manufacturing architectural hardware and glass fittings. It provides a complete solution to residential and commercial structures. Its product range includes Door Hardware, Kitchen Hardware, Glass Hardware, and Furniture Hardware.

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