Fedders Electric and Engineering (NSE:FEDDERELEC) Debt-to-Equity : 0.17 (As of Mar. 2024)

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What is Fedders Electric and Engineering Debt-to-Equity?

Fedders Electric and Engineering's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹559 Mil. Fedders Electric and Engineering's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0 Mil. Fedders Electric and Engineering's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹3,296 Mil. Fedders Electric and Engineering's debt to equity for the quarter that ended in Mar. 2024 was 0.17.

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 Fedders Electric and Engineering's Debt-to-Equity or its related term are showing as below:

NSE:FEDDERELEC' s Debt-to-Equity Range Over the Past 10 Years
Min: -8.98 Med: 0.17 Max: 1.43
Current: 0.17

During the past 13 years, the highest Debt-to-Equity Ratio of Fedders Electric and Engineering was 1.43. The lowest was -8.98. And the median was 0.17.

NSE:FEDDERELEC's Debt-to-Equity is not ranked
in the Industrial Products industry.
Industry Median: 0.28 vs NSE:FEDDERELEC: 0.17

Fedders Electric and Engineering Debt-to-Equity Historical Data

The historical data trend for Fedders Electric and Engineering'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.

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Fedders Electric and Engineering Debt-to-Equity Chart

Fedders Electric and Engineering Annual Data

Trend

Jun15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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-1.20

-1.15

0.02

0.23

0.17

Fedders Electric and Engineering 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															0.23	N/A	0.09	N/A	0.17

Competitive Comparison of Fedders Electric and Engineering's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Fedders Electric and Engineering'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.

Fedders Electric and Engineering's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Fedders Electric and Engineering's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Fedders Electric and Engineering's Debt-to-Equity falls into.

Fedders Electric and Engineering Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Fedders Electric and Engineering'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
	=	(559.4	+	0)	/	3296.4
	=	0.17

Fedders Electric and Engineering'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
	=	(559.4	+	0)	/	3296.4
	=	0.17

Fedders Electric and Engineering (NSE:FEDDERELEC) 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.

Fedders Electric and Engineering Debt-to-Equity Related Terms

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Fedders Electric and Engineering (NSE:FEDDERELEC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Fedders Electric and Engineering Ltd (NSE:FEDDERELEC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

C-4, Noida Phase-II, Gautam Buddh Nagar, Noida, UP, IND, 201305

Website

http://www.fedderselectric.com

Fedders Electric and Engineering Ltd is engaged in the fabrication of steel structures and implementation of high power transmission lines in India and internationally. It operates through three segments: Environmental Control Systems, Steel Structures and Engineering, and Power Transmission and Distribution and Overhead Electrification. The company's products are classified into Transport Products Division and Railways, Defense and Telecom AC Products Division.

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