Havells India (NSE:HAVELLS) Debt-to-Equity : N/A (As of Dec. 2023)

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What is Havells India Debt-to-Equity?

Havells India's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Havells India's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Havells India's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹0 Mil.

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 Havells India's Debt-to-Equity or its related term are showing as below:

NSE:HAVELLS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.04 Max: 0.59
Current: 0.04

During the past 13 years, the highest Debt-to-Equity Ratio of Havells India was 0.59. The lowest was 0.00. And the median was 0.04.

NSE:HAVELLS's Debt-to-Equity is ranked better than
86.69% of 2622 companies
in the Industrial Products industry
Industry Median: 0.29 vs NSE:HAVELLS: 0.04

Havells India Debt-to-Equity Historical Data

The historical data trend for Havells India'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.

Havells India Debt-to-Equity Chart

Havells India Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.02

0.04

0.12

0.10

0.03

Havells India Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															N/A	0.03	N/A	0.04	N/A

Competitive Comparison of Havells India's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, Havells India'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.

Havells India's Debt-to-Equity Distribution in the Industrial Products Industry

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

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

Havells India Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Havells India'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
	=	(361.9	+	1869.1)	/	66254.5
	=	0.03

Havells India's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(0	+	0)	/	0
	=	N/A

Havells India (NSE:HAVELLS) 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.

Havells India Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Havells India's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Havells India (NSE:HAVELLS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Havells India Ltd (NSE:HAVELLS) » Definitions » Debt-to-Equity

Traded in Other Exchanges

517354:India

Address

2D, Expressway, QRG Towers, Sector 126, Noida, UP, IND, 201304

Website

https://www.havells.com

Havells India Ltd manufactures and distributes electrical equipment for consumer and industrial applications. Its product portfolio includes fans, appliances, switches, lighting, switch gears, circuit breakers, water heaters, air purifiers, flexible cables, air coolers, monoblock and submersible pumps, personal grooming products, motors, and reactive power solutions. The firm has seven manufacturing facilities, all of which are in India. A majority of the firm's revenue is generated in India.

Havells India (NSE:HAVELLS) Headlines

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