Times Green Energy (India) (BOM:543310) Debt-to-Equity : 0.06 (As of Sep. 2024)

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What is Times Green Energy (India) Debt-to-Equity?

Times Green Energy (India)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹0.0 Mil. Times Green Energy (India)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹20.0 Mil. Times Green Energy (India)'s Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₹344.2 Mil. Times Green Energy (India)'s debt to equity for the quarter that ended in Sep. 2024 was 0.06.

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 Times Green Energy (India)'s Debt-to-Equity or its related term are showing as below:

BOM:543310' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.06 Max: 1.79
Current: 0.06

During the past 7 years, the highest Debt-to-Equity Ratio of Times Green Energy (India) was 1.79. The lowest was 0.01. And the median was 0.06.

BOM:543310's Debt-to-Equity is ranked better than
85.15% of 229 companies
in the Agriculture industry
Industry Median: 0.37 vs BOM:543310: 0.06

Times Green Energy (India) Debt-to-Equity Historical Data

The historical data trend for Times Green Energy (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.

Times Green Energy (India) Debt-to-Equity Chart

Times Green Energy (India) Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

Get a 7-Day Free Trial

0.14

0.13

0.06

Times Green Energy (India) Semi-Annual Data
	Mar18	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial							-	-	-	0.06	0.06

Competitive Comparison of Times Green Energy (India)'s Debt-to-Equity

For the Agricultural Inputs subindustry, Times Green Energy (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.

Times Green Energy (India)'s Debt-to-Equity Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Times Green Energy (India)'s Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Times Green Energy (India)'s Debt-to-Equity falls into.

Times Green Energy (India) Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Times Green Energy (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
	=	(0	+	20)	/	342.605
	=	0.06

Times Green Energy (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
	=	(0	+	20)	/	344.177
	=	0.06

Times Green Energy (India) (BOM:543310) 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.

Times Green Energy (India) Debt-to-Equity Related Terms

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Times Green Energy (India) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Times Green Energy (India) Ltd (BOM:543310) » Definitions » Debt-to-Equity

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Address

Druva Thara Apartments, 6th Floor, Flat No. 602, Medinova Complex, Somajiguda, Hyderabad, TG, IND, 500 082

Website

https://www.timesgreenenergy.com

Times Green Energy (India) Ltd is engaged in the farming and selling activities of agricultural produce and trading of natural organic products, bioproducts, and pesticides. The company is also engaged in the manufacturing and selling of sanitary napkins, baby nappies, and adult nappies. It deals in agro-business & Woman Hygiene & Safety Segment.

Times Green Energy (India) Headlines

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