Rail Vikas Nigam (BOM:542649) Debt-to-Equity : 0.62 (As of Sep. 2024)

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What is Rail Vikas Nigam Debt-to-Equity?

Rail Vikas Nigam's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹5,178 Mil. Rail Vikas Nigam's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹49,241 Mil. Rail Vikas Nigam's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₹87,916 Mil. Rail Vikas Nigam's debt to equity for the quarter that ended in Sep. 2024 was 0.62.

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 Rail Vikas Nigam's Debt-to-Equity or its related term are showing as below:

BOM:542649' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.62 Med: 0.82 Max: 1.05
Current: 0.62

During the past 12 years, the highest Debt-to-Equity Ratio of Rail Vikas Nigam was 1.05. The lowest was 0.62. And the median was 0.82.

BOM:542649's Debt-to-Equity is ranked worse than
60.74% of 1564 companies
in the Construction industry
Industry Median: 0.44 vs BOM:542649: 0.62

Rail Vikas Nigam Debt-to-Equity Historical Data

The historical data trend for Rail Vikas Nigam'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.

Rail Vikas Nigam Debt-to-Equity Chart

Rail Vikas Nigam Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.89

1.05

0.89

0.69

Rail Vikas Nigam 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															0.76	N/A	0.69	N/A	0.62

Competitive Comparison of Rail Vikas Nigam's Debt-to-Equity

For the Engineering & Construction subindustry, Rail Vikas Nigam'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.

Rail Vikas Nigam's Debt-to-Equity Distribution in the Construction Industry

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

* The bar in red indicates where Rail Vikas Nigam's Debt-to-Equity falls into.

Rail Vikas Nigam Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Rail Vikas Nigam'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
	=	(4889	+	55436.2)	/	87456.8
	=	0.69

Rail Vikas Nigam'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
	=	(5178	+	49241.2)	/	87916.2
	=	0.62

Rail Vikas Nigam (BOM:542649) 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.

Rail Vikas Nigam Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Rail Vikas Nigam's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Rail Vikas Nigam Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Rail Vikas Nigam Ltd (BOM:542649) » Definitions » Debt-to-Equity

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RVNL:India

Address

August Kranti Bhawan, Block B, Plot No. 25, 1st Floor, Bhikaji Cama Place, R.K. Puram, New Delhi, IND, 110066

Website

https://www.rvnl.org

Rail Vikas Nigam Ltd is an Indian-based company, engaged in the business of implementing various types of Rail infrastructure projects. It executes projects such as new lines, doubling, gauge conversion, railway electrification, metro projects, workshops, bridges, construction of cable-stayed bridges, institution buildings, and others. The company has only one reportable segment namely, Development of Railway Infrastructure.

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