Deccan Transcon Leasing (NSE:DECCANTRAN) Debt-to-Equity : 0.72 (As of Mar. 2024)

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What is Deccan Transcon Leasing Debt-to-Equity?

Deccan Transcon Leasing's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹113 Mil. Deccan Transcon Leasing's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹118 Mil. Deccan Transcon Leasing's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹322 Mil. Deccan Transcon Leasing's debt to equity for the quarter that ended in Mar. 2024 was 0.72.

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 Deccan Transcon Leasing's Debt-to-Equity or its related term are showing as below:

NSE:DECCANTRAN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.72 Med: 0.85 Max: 1.31
Current: 0.72

During the past 4 years, the highest Debt-to-Equity Ratio of Deccan Transcon Leasing was 1.31. The lowest was 0.72. And the median was 0.85.

NSE:DECCANTRAN's Debt-to-Equity is ranked worse than
59.82% of 901 companies
in the Transportation industry
Industry Median: 0.52 vs NSE:DECCANTRAN: 0.72

Deccan Transcon Leasing Debt-to-Equity Historical Data

The historical data trend for Deccan Transcon Leasing'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.

Deccan Transcon Leasing Debt-to-Equity Chart

Deccan Transcon Leasing Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

1.31

0.82

0.88

0.72

Deccan Transcon Leasing Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
Debt-to-Equity	1.31	0.82	0.88	0.72

Competitive Comparison of Deccan Transcon Leasing's Debt-to-Equity

For the Integrated Freight & Logistics subindustry, Deccan Transcon Leasing'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.

Deccan Transcon Leasing's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Deccan Transcon Leasing's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Deccan Transcon Leasing's Debt-to-Equity falls into.

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Deccan Transcon Leasing Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Deccan Transcon Leasing'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
	=	(112.501	+	118.452)	/	322.13
	=	0.72

Deccan Transcon Leasing'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
	=	(112.501	+	118.452)	/	322.13
	=	0.72

Deccan Transcon Leasing (NSE:DECCANTRAN) 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.

Deccan Transcon Leasing Debt-to-Equity Related Terms

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Deccan Transcon Leasing Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Deccan Transcon Leasing Ltd (NSE:DECCANTRAN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Image Garden Road, Suite No 507, 5th floor, Image Capital Park, Madhapur, Shaikpet, Hyderabad, TG, IND, 500081

Website

https://www.deccantrans.com

Deccan Transcon Leasing Ltd is engaged in end-to-end solutions for freight & shipping services which include domestic logistic of tank containers, Tank fleet management solution, custom clearance and transportation, Non-Vessel Operating Common Carriers (NVOCC) services. It is mainly engaged in providing tank containers on lease and logistic & supply chain solutions to clients in various sectors and specializes in the transportation of bulk liquids and hazardous chemicals, utilizing tank containers as a mode of transport.

Deccan Transcon Leasing Headlines

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