Hvax Technologies (NSE:HVAX) Debt-to-Equity : 0.80 (As of Mar. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Hvax Technologies Debt-to-Equity?

Hvax Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹218 Mil. Hvax Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹25 Mil. Hvax Technologies's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹306 Mil. Hvax Technologies's debt to equity for the quarter that ended in Mar. 2024 was 0.80.

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 Hvax Technologies's Debt-to-Equity or its related term are showing as below:

NSE:HVAX' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.8 Med: 0.87 Max: 0.98
Current: 0.8

During the past 4 years, the highest Debt-to-Equity Ratio of Hvax Technologies was 0.98. The lowest was 0.80. And the median was 0.87.

NSE:HVAX's Debt-to-Equity is ranked worse than
69.8% of 149 companies
in the Industrial Distribution industry
Industry Median: 0.46 vs NSE:HVAX: 0.80

Hvax Technologies Debt-to-Equity Historical Data

The historical data trend for Hvax Technologies'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.

Hvax Technologies Debt-to-Equity Chart

Hvax Technologies Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

0.89

0.84

0.98

0.80

Hvax Technologies Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
Debt-to-Equity	0.89	0.84	0.98	0.80

Competitive Comparison of Hvax Technologies's Debt-to-Equity

For the Industrial Distribution subindustry, Hvax Technologies'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.

Hvax Technologies's Debt-to-Equity Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Hvax Technologies's Debt-to-Equity distribution charts can be found below:

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

Save Embed

;

Save Embed

;

Hvax Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hvax Technologies'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
	=	(218.337	+	25.392)	/	305.983
	=	0.80

Hvax Technologies'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
	=	(218.337	+	25.392)	/	305.983
	=	0.80

Hvax Technologies (NSE:HVAX) 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.

Hvax Technologies Debt-to-Equity Related Terms

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

Hvax Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Hvax Technologies Ltd (NSE:HVAX) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

I-Think Techno Campus, 601, 6th Floor, Lodha Supremus, Kanjurmarg (East), Mumbai, MH, IND, 400042

Website

https://www.hvax.in

Hvax Technologies Ltd is engaged in the business of turnkey projects on engineering, procurement, and execution of controlled environment infrastructure and cleanrooms; design, engineering, and consultancy services for pharma and healthcare companies. As a part of turnkey projects, the company supplies the following third-party manufactured products: Cleanroom wall panels, Cleanroom ceiling panels, Covings, riser panels, cleanroom doors, flooring systems, pass boxes, air showers, LT/HT electrical panels, pre-fabricated galvanized iron (GI) ducts, air handling units, chillers, Building Management Systems (BMS) Equipment, and Utility generation and distribution equipment.

Hvax Technologies Headlines

No Headlines