Hindprakash Industries Ltd (NSE:HPIL) Debt-to-Equity : N/A (As of Dec. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Hindprakash Industries Ltd Debt-to-Equity?

Hindprakash Industries Ltd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₹0.0 Mil. Hindprakash Industries Ltd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₹0.0 Mil. Hindprakash Industries Ltd's Total Stockholders Equity for the quarter that ended in Dec. 2024 was ₹0.0 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 Hindprakash Industries Ltd's Debt-to-Equity or its related term are showing as below:

NSE:HPIL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.31 Med: 0.49 Max: 1.05
Current: 0.47

During the past 8 years, the highest Debt-to-Equity Ratio of Hindprakash Industries Ltd was 1.05. The lowest was 0.31. And the median was 0.49.

NSE:HPIL's Debt-to-Equity is ranked worse than
57.78% of 1388 companies
in the Chemicals industry
Industry Median: 0.365 vs NSE:HPIL: 0.47

Hindprakash Industries Ltd Debt-to-Equity Historical Data

The historical data trend for Hindprakash Industries Ltd'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.

Hindprakash Industries Ltd Debt-to-Equity Chart

Hindprakash Industries Ltd Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

Get a 7-Day Free Trial

0.31

0.40

0.34

0.50

0.45

Hindprakash Industries Ltd Quarterly Data
	Mar17	Mar18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															N/A	0.45	N/A	0.47	N/A

Competitive Comparison of Hindprakash Industries Ltd's Debt-to-Equity

For the Specialty Chemicals subindustry, Hindprakash Industries Ltd'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.

Hindprakash Industries Ltd's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Hindprakash Industries Ltd's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Hindprakash Industries Ltd's Debt-to-Equity falls into.

Save Embed

;

Save Embed

;

Hindprakash Industries Ltd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hindprakash Industries Ltd'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
	=	(207.353	+	16.083)	/	501.836
	=	0.45

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

Hindprakash Industries Ltd (NSE:HPIL) 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.

Hindprakash Industries Ltd Debt-to-Equity Related Terms

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

Hindprakash Industries Ltd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Hindprakash Industries Ltd (NSE:HPIL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

543645:India

Address

301, Hindprakash House, Plot No. 10/6, Phase-I, GIDC, Vatva, Ahmedabad, GJ, IND, 382 445

Website

https://www.hindprakash.in

Hindprakash Industries Ltd is an Indian company engaged in the manufacturing, dealing, and trading of dyes, intermediates, auxiliary, chemicals, and other merchandise. The company's products include Dyestuff, Dyes intermediates, Textile chemicals and aux, and Water treatments. It earns revenues from the manufacturing of dyes.