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H.G. Infra Engineering (NSE:HGINFRA) Debt-to-Equity : 0.62 (As of Mar. 2024)


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What is H.G. Infra Engineering Debt-to-Equity?

H.G. Infra Engineering's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹4,161 Mil. H.G. Infra Engineering's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹10,971 Mil. H.G. Infra Engineering's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹24,550 Mil. H.G. Infra Engineering's debt to equity for the quarter that ended in Mar. 2024 was 0.62.

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 H.G. Infra Engineering's Debt-to-Equity or its related term are showing as below:

NSE:HGINFRA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.57   Med: 0.74   Max: 0.99
Current: 0.62

During the past 11 years, the highest Debt-to-Equity Ratio of H.G. Infra Engineering was 0.99. The lowest was 0.57. And the median was 0.74.

NSE:HGINFRA's Debt-to-Equity is ranked worse than
60.7% of 1519 companies
in the Construction industry
Industry Median: 0.44 vs NSE:HGINFRA: 0.62

H.G. Infra Engineering Debt-to-Equity Historical Data

The historical data trend for H.G. Infra 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.

* Premium members only.

H.G. Infra Engineering Debt-to-Equity Chart

H.G. Infra Engineering Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.63 0.72 0.83 0.99 0.62

H.G. Infra Engineering Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A 0.99 0.67 N/A 0.62

Competitive Comparison of H.G. Infra Engineering's Debt-to-Equity

For the Engineering & Construction subindustry, H.G. Infra 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.


H.G. Infra Engineering's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, H.G. Infra Engineering's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where H.G. Infra Engineering's Debt-to-Equity falls into.



H.G. Infra Engineering Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

H.G. Infra Engineering's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

H.G. Infra Engineering's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* 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.


H.G. Infra Engineering  (NSE:HGINFRA) 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.


H.G. Infra Engineering Debt-to-Equity Related Terms

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H.G. Infra Engineering (NSE:HGINFRA) Business Description

Traded in Other Exchanges
Address
A-1, Tilak Marg, C-Scheme, IIIrd Floor, Sheel Mohar Plaza, C-Scheme, Jaipur, RJ, IND, 302 001
H.G. Infra Engineering Ltd is engaged in Engineering, Procurement and Construction (EPC), Maintenance of roads, bridges, flyovers and other infrastructure contract works. Geographically, it operates only in India. It has one reportable segment of engineering, procurement and construction contracts (EPC). The company executes civil construction projects, like extension and grading of runways, railways and land development as well as water pipeline projects.

H.G. Infra Engineering (NSE:HGINFRA) Headlines

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