Suratwwala Business Group (BOM:543218) Debt-to-Equity : 0.65 (As of Mar. 2024)

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What is Suratwwala Business Group Debt-to-Equity?

Suratwwala Business Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹326.2 Mil. Suratwwala Business Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹51.4 Mil. Suratwwala Business Group's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹578.6 Mil. Suratwwala Business Group's debt to equity for the quarter that ended in Mar. 2024 was 0.65.

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 Suratwwala Business Group's Debt-to-Equity or its related term are showing as below:

BOM:543218' s Debt-to-Equity Range Over the Past 10 Years
Min: -4.3 Med: 1.43 Max: 2.84
Current: 0.65

During the past 7 years, the highest Debt-to-Equity Ratio of Suratwwala Business Group was 2.84. The lowest was -4.30. And the median was 1.43.

BOM:543218's Debt-to-Equity is ranked better than
55.03% of 1579 companies
in the Real Estate industry
Industry Median: 0.76 vs BOM:543218: 0.65

Suratwwala Business Group Debt-to-Equity Historical Data

The historical data trend for Suratwwala Business Group'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.

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Suratwwala Business Group Debt-to-Equity Chart

Suratwwala Business Group Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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1.73

1.43

-4.30

2.84

0.65

Suratwwala Business Group Quarterly Data
	Mar18	Mar19	Mar20	Sep20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial											2.84	N/A	1.11	N/A	0.65

Competitive Comparison of Suratwwala Business Group's Debt-to-Equity

For the Real Estate - Development subindustry, Suratwwala Business Group'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.

Suratwwala Business Group's Debt-to-Equity Distribution in the Real Estate Industry

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

* The bar in red indicates where Suratwwala Business Group's Debt-to-Equity falls into.

Suratwwala Business Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Suratwwala Business Group'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
	=	(326.187	+	51.351)	/	578.599
	=	0.65

Suratwwala Business Group'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
	=	(326.187	+	51.351)	/	578.599
	=	0.65

Suratwwala Business Group (BOM:543218) 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.

Suratwwala Business Group Debt-to-Equity Related Terms

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

Suratwwala Business Group (BOM:543218) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Suratwwala Business Group Ltd (BOM:543218) » Definitions » Debt-to-Equity

Traded in Other Exchanges

SBGLP:India

Address

Off Karve Road, Erandwane, S. NO. 4/38, Sumangal Building Office No. 2, 1st Floor, Sahakar Colony behind SBI, Pune, MH, IND, 411004

Website

https://www.suratwwala.co.in

Suratwwala Business Group Ltd is an integrated real estate development company focusing on development of residential and commercial projects in the Pune district. Its business activities comprise of development and sale of residential as well as commercial properties and the maintenance of the properties developed by the company.

Suratwwala Business Group (BOM:543218) Headlines

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