POWERGRID Infrastructure Investment Trust (BOM:543290) Debt-to-Equity : 0.07 (As of Mar. 2023)

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What is POWERGRID Infrastructure Investment Trust Debt-to-Equity?

POWERGRID Infrastructure Investment Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹29 Mil. POWERGRID Infrastructure Investment Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹5,692 Mil. POWERGRID Infrastructure Investment Trust's Total Stockholders Equity for the quarter that ended in Mar. 2023 was ₹77,065 Mil. POWERGRID Infrastructure Investment Trust's debt to equity for the quarter that ended in Mar. 2023 was 0.07.

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 POWERGRID Infrastructure Investment Trust's Debt-to-Equity or its related term are showing as below:

BOM:543290's Debt-to-Equity is not ranked ^*
in the Utilities - Independent Power Producers industry.
Industry Median: 0.78
* Ranked among companies with meaningful Debt-to-Equity only.

POWERGRID Infrastructure Investment Trust Debt-to-Equity Historical Data

The historical data trend for POWERGRID Infrastructure Investment Trust'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.

POWERGRID Infrastructure Investment Trust Debt-to-Equity Chart

POWERGRID Infrastructure Investment Trust Annual Data

Trend

Mar18

Mar19

Mar20

Mar22

Mar23

Debt-to-Equity

10.63

4.61

3.39

0.06

0.07

POWERGRID Infrastructure Investment Trust Quarterly Data
	Mar18	Mar19	Mar20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Debt-to-Equity	Get a 7-Day Free Trial							0.06	N/A	N/A	N/A	0.07

Competitive Comparison of POWERGRID Infrastructure Investment Trust's Debt-to-Equity

For the Utilities - Independent Power Producers subindustry, POWERGRID Infrastructure Investment Trust'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.

POWERGRID Infrastructure Investment Trust's Debt-to-Equity Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, POWERGRID Infrastructure Investment Trust's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where POWERGRID Infrastructure Investment Trust's Debt-to-Equity falls into.

POWERGRID Infrastructure Investment Trust Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

POWERGRID Infrastructure Investment Trust's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 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
	=	(28.78	+	5692)	/	77064.89
	=	0.07

POWERGRID Infrastructure Investment Trust's Debt to Equity Ratio for the quarter that ended in Mar. 2023 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
	=	(28.78	+	5692)	/	77064.89
	=	0.07

POWERGRID Infrastructure Investment Trust (BOM:543290) 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.

POWERGRID Infrastructure Investment Trust Debt-to-Equity Related Terms

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POWERGRID Infrastructure Investment Trust (BOM:543290) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » POWERGRID Infrastructure Investment Trust (BOM:543290) » Definitions » Debt-to-Equity

Traded in Other Exchanges

PGINVIT:India

Address

Plot No. 2, Sector 29, Gurgaon, HR, IND, 122 001

Website

http://www.pginvit.in

POWERGRID Infrastructure Investment Trust own, construct, operate, maintain and invest as an infrastructure investment trust as permissible in terms of the InvIT Regulations, including in power transmission assets in India. Its primary business segment is namely power transmission network for the transmission system.

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