Dhanuka Realty (NSE:DRL) Debt-to-Equity : 1.40 (As of Mar. 2023)

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What is Dhanuka Realty Debt-to-Equity?

Dhanuka Realty's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹90.47 Mil. Dhanuka Realty's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹20.97 Mil. Dhanuka Realty's Total Stockholders Equity for the quarter that ended in Mar. 2023 was ₹79.73 Mil. Dhanuka Realty's debt to equity for the quarter that ended in Mar. 2023 was 1.40.

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 Dhanuka Realty's Debt-to-Equity or its related term are showing as below:

NSE:DRL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.88 Med: 1.32 Max: 2.66
Current: 1.4

During the past 12 years, the highest Debt-to-Equity Ratio of Dhanuka Realty was 2.66. The lowest was 0.88. And the median was 1.32.

NSE:DRL's Debt-to-Equity is ranked worse than
79.17% of 96 companies
in the Homebuilding & Construction industry
Industry Median: 0.535 vs NSE:DRL: 1.40

Dhanuka Realty Debt-to-Equity Historical Data

The historical data trend for Dhanuka Realty'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.

Dhanuka Realty Debt-to-Equity Chart

Dhanuka Realty Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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1.17

1.23

2.33

1.79

1.40

Dhanuka Realty Semi-Annual Data
	Mar12	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23
Debt-to-Equity	Get a 7-Day Free Trial							1.17	1.23	2.33	1.79	1.40

Competitive Comparison of Dhanuka Realty's Debt-to-Equity

For the Residential Construction subindustry, Dhanuka Realty'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.

Dhanuka Realty's Debt-to-Equity Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Dhanuka Realty's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Dhanuka Realty's Debt-to-Equity falls into.

Dhanuka Realty Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Dhanuka Realty'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
	=	(90.468	+	20.968)	/	79.733
	=	1.40

Dhanuka Realty'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
	=	(90.468	+	20.968)	/	79.733
	=	1.40

Dhanuka Realty (NSE:DRL) 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.

Dhanuka Realty Debt-to-Equity Related Terms

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Dhanuka Realty (NSE:DRL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Dhanuka Realty Ltd (NSE:DRL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

C-212 & C-213, Gautam Marg, 5th Floor, The Solitaire, Hanuman Nagar, Vaishali Nagar, Jaipur, RJ, IND, 302021

Website

https://www.dhanukarealty.in

Dhanuka Realty Ltd operates as a real estate development and construction company primarily focusing on the development of residential apartments and residential projects in Jaipur. These projects include Symphony at Jaisinghpura Road Ajmer Road, Sunshine Shalimar at Tagore Nagar Vidhyut Nagar, Sunshine Prime at Mansarovar Extension, Sunshine Krishna 1, Sunshine Krishna 2, Sunshine Krishna 3, Sunshine Orchid, Sunshine Vridanavan, etc.

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