Eldeco Housing and Industries (NSE:ELDEHSG) Debt-to-Equity : 0.23 (As of Mar. 2024)

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What is Eldeco Housing and Industries Debt-to-Equity?

Eldeco Housing and Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹10 Mil. Eldeco Housing and Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹829 Mil. Eldeco Housing and Industries's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹3,706 Mil. Eldeco Housing and Industries's debt to equity for the quarter that ended in Mar. 2024 was 0.23.

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 Eldeco Housing and Industries's Debt-to-Equity or its related term are showing as below:

NSE:ELDEHSG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.02 Max: 0.52
Current: 0.23

During the past 13 years, the highest Debt-to-Equity Ratio of Eldeco Housing and Industries was 0.52. The lowest was 0.00. And the median was 0.02.

NSE:ELDEHSG's Debt-to-Equity is ranked better than
77.26% of 1583 companies
in the Real Estate industry
Industry Median: 0.76 vs NSE:ELDEHSG: 0.23

Eldeco Housing and Industries Debt-to-Equity Historical Data

The historical data trend for Eldeco Housing and Industries'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.

Eldeco Housing and Industries Debt-to-Equity Chart

Eldeco Housing and Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.02

0.01

0.23

Eldeco Housing and Industries Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.01	N/A	0.24	N/A	0.23

Competitive Comparison of Eldeco Housing and Industries's Debt-to-Equity

For the Real Estate Services subindustry, Eldeco Housing and Industries'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.

Eldeco Housing and Industries's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Eldeco Housing and Industries's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Eldeco Housing and Industries's Debt-to-Equity falls into.

Eldeco Housing and Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Eldeco Housing and Industries'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
	=	(10.286	+	829.103)	/	3705.733
	=	0.23

Eldeco Housing and Industries'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
	=	(10.286	+	829.103)	/	3705.733
	=	0.23

Eldeco Housing and Industries (NSE:ELDEHSG) 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.

Eldeco Housing and Industries Debt-to-Equity Related Terms

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Eldeco Housing and Industries (NSE:ELDEHSG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Eldeco Housing and Industries Ltd (NSE:ELDEHSG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

523329:India

Address

Eldeco Corporate Chamber-1, 2nd Floor, Vibhuti Khand (Opposite Mandi Parishad), Gomti Nagar, Lucknow, UP, IND, 226010

Website

https://www.eldecogroup.com

Eldeco Housing and Industries Ltd provides real estate infrastructure services. The company's core business activities are categorized into a key segment, Real Estate which promotes, constructs, develops, and sells townships, residential, commercial property, and developed plots. Geographically the company generates the majority of its revenue within India.

Eldeco Housing and Industries (NSE:ELDEHSG) Headlines

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