Dhruv Consultancy Services (NSE:DHRUV) Debt-to-Equity : 0.31 (As of Mar. 2024)

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What is Dhruv Consultancy Services Debt-to-Equity?

Dhruv Consultancy Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹150.4 Mil. Dhruv Consultancy Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹52.8 Mil. Dhruv Consultancy Services's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹662.7 Mil. Dhruv Consultancy Services's debt to equity for the quarter that ended in Mar. 2024 was 0.31.

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 Dhruv Consultancy Services's Debt-to-Equity or its related term are showing as below:

NSE:DHRUV' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.26 Med: 0.32 Max: 1.44
Current: 0.31

During the past 12 years, the highest Debt-to-Equity Ratio of Dhruv Consultancy Services was 1.44. The lowest was 0.26. And the median was 0.32.

NSE:DHRUV's Debt-to-Equity is ranked better than
58.66% of 1524 companies
in the Construction industry
Industry Median: 0.44 vs NSE:DHRUV: 0.31

Dhruv Consultancy Services Debt-to-Equity Historical Data

The historical data trend for Dhruv Consultancy Services'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.

Dhruv Consultancy Services Debt-to-Equity Chart

Dhruv Consultancy Services Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.27

0.26

0.33

0.31

Dhruv Consultancy Services Quarterly Data
	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.33	N/A	0.38	N/A	0.31

Competitive Comparison of Dhruv Consultancy Services's Debt-to-Equity

For the Engineering & Construction subindustry, Dhruv Consultancy Services'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.

Dhruv Consultancy Services's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Dhruv Consultancy Services's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Dhruv Consultancy Services's Debt-to-Equity falls into.

Dhruv Consultancy Services Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Dhruv Consultancy Services'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
	=	(150.356	+	52.795)	/	662.744
	=	0.31

Dhruv Consultancy Services'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
	=	(150.356	+	52.795)	/	662.744
	=	0.31

Dhruv Consultancy Services (NSE:DHRUV) 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.

Dhruv Consultancy Services Debt-to-Equity Related Terms

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Dhruv Consultancy Services (NSE:DHRUV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Dhruv Consultancy Services Ltd (NSE:DHRUV) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

541302:India

Address

501, Pujit Plaza, Palm Beach Road, Sector - 11, Opposite K-Star Hotel, Near CBD Station, CBD Belapur, Navi Mumbai, MH, IND, 400614

Website

https://www.dhruvconsultancy.in

Dhruv Consultancy Services Ltd is an infrastructure consultancy company providing design, engineering, procurement, construction and integrated project management services for Highways, Bridges, Tunnels, Architectural, Environmental Engineering and Ports. Its services includes Preparation of DPR and feasibility studies for infrastructure projects, Operations & Maintenance Works, Project Management Consultancy Services, Independent Consultancy ,Project Planning, Designing, Estimation, Traffic and Transportation Engineering, Financial Analysis, Technical audits, Structural Audit, Inspection of bridges and Techno Legal Services.

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