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Manav infra projects (NSE:MANAV) Debt-to-Equity : -3.13 (As of Mar. 2022)


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What is Manav infra projects Debt-to-Equity?

Manav infra projects's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was ₹69.44 Mil. Manav infra projects's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was ₹50.21 Mil. Manav infra projects's Total Stockholders Equity for the quarter that ended in Mar. 2022 was ₹-38.25 Mil. Manav infra projects's debt to equity for the quarter that ended in Mar. 2022 was -3.13.

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 Manav infra projects's Debt-to-Equity or its related term are showing as below:

NSE:MANAV's Debt-to-Equity is not ranked *
in the Construction industry.
Industry Median: 0.44
* Ranked among companies with meaningful Debt-to-Equity only.

Manav infra projects Debt-to-Equity Historical Data

The historical data trend for Manav infra projects'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.

Manav infra projects Debt-to-Equity Chart

Manav infra projects Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 1.68 37.63 -3.13 -3.04

Manav infra projects Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Mar23
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 3.18 37.63 -11.43 -3.13 -3.04

Competitive Comparison of Manav infra projects's Debt-to-Equity

For the Engineering & Construction subindustry, Manav infra projects'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.


Manav infra projects's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Manav infra projects's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Manav infra projects's Debt-to-Equity falls into.



Manav infra projects Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Manav infra projects's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Manav infra projects's Debt to Equity Ratio for the quarter that ended in Mar. 2022 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.


Manav infra projects  (NSE:MANAV) 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.


Manav infra projects Debt-to-Equity Related Terms

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Manav infra projects (NSE:MANAV) Business Description

Traded in Other Exchanges
N/A
Address
Akurli Road, 226, Gundecha Industrial - Complex, Near Growels Mall, Kandivali (East), Mumbai, MH, IND, 400101
Manav infra projects Ltd is engaged in civil construction services such as piling, excavation, road construction, land leveling. It also provides earth moving machines and construction equipment on rent for infrastructure and construction-related work. Some of the company's projects include Sevens Sagbag, Aroha, HDIL Commercial Basement Work, and others.

Manav infra projects (NSE:MANAV) Headlines

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