Hindware Home Innovation (NSE:HINDWAREAP) Debt-to-Equity : 1.83 (As of Sep. 2024)

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What is Hindware Home Innovation Debt-to-Equity?

Hindware Home Innovation's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹5,250 Mil. Hindware Home Innovation's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹5,257 Mil. Hindware Home Innovation's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₹5,753 Mil. Hindware Home Innovation's debt to equity for the quarter that ended in Sep. 2024 was 1.83.

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 Hindware Home Innovation's Debt-to-Equity or its related term are showing as below:

NSE:HINDWAREAP' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.42 Med: 1.49 Max: 1.83
Current: 1.83

During the past 7 years, the highest Debt-to-Equity Ratio of Hindware Home Innovation was 1.83. The lowest was 0.42. And the median was 1.49.

NSE:HINDWAREAP's Debt-to-Equity is ranked worse than
94.47% of 380 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.36 vs NSE:HINDWAREAP: 1.83

Hindware Home Innovation Debt-to-Equity Historical Data

The historical data trend for Hindware Home Innovation'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.

Hindware Home Innovation Debt-to-Equity Chart

Hindware Home Innovation Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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1.49

0.74

0.71

1.66

1.75

Hindware Home Innovation Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															1.80	N/A	1.75	N/A	1.83

Competitive Comparison of Hindware Home Innovation's Debt-to-Equity

For the Furnishings, Fixtures & Appliances subindustry, Hindware Home Innovation'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.

Hindware Home Innovation's Debt-to-Equity Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Hindware Home Innovation's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Hindware Home Innovation's Debt-to-Equity falls into.

Hindware Home Innovation Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hindware Home Innovation'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
	=	(5265.906	+	5196.109)	/	5978.306
	=	1.75

Hindware Home Innovation's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(5249.6	+	5257.1)	/	5753.1
	=	1.83

Hindware Home Innovation (NSE:HINDWAREAP) 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.

Hindware Home Innovation Debt-to-Equity Related Terms

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Hindware Home Innovation Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Hindware Home Innovation Ltd (NSE:HINDWAREAP) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

542905:India

Address

Plot No. 68, Echelon Institutional Area, Sector 32, Gurugram, HR, IND, 122001

Website

https://www.hindwarehomes.com

Hindware Home Innovation Ltd is engaged in manufacturing, selling and trading of building products, glass products, consumer products, plastic products, and retail businesses. Its product portfolio includes Kitchen Ensemble, Water heaters, Air coolers, Water purifiers, Air purifiers, and Window vents, among other products. Some of its brands are Hindware, Moonbow and Evok. The segments of the company include Building Products, Consumer appliances, and Retail business. The group operates in India. The company generates the majority of its revenue from the Building products segment.

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