Patel Integrated Logistics (NSE:PATINTLOG) Debt-to-Equity : 0.20 (As of Mar. 2024)

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What is Patel Integrated Logistics Debt-to-Equity?

Patel Integrated Logistics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹156 Mil. Patel Integrated Logistics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹86 Mil. Patel Integrated Logistics's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹1,193 Mil. Patel Integrated Logistics's debt to equity for the quarter that ended in Mar. 2024 was 0.20.

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 Patel Integrated Logistics's Debt-to-Equity or its related term are showing as below:

NSE:PATINTLOG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.2 Med: 0.51 Max: 0.6
Current: 0.2

During the past 13 years, the highest Debt-to-Equity Ratio of Patel Integrated Logistics was 0.60. The lowest was 0.20. And the median was 0.51.

NSE:PATINTLOG's Debt-to-Equity is ranked better than
77.15% of 884 companies
in the Transportation industry
Industry Median: 0.55 vs NSE:PATINTLOG: 0.20

Patel Integrated Logistics Debt-to-Equity Historical Data

The historical data trend for Patel Integrated Logistics'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.

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Patel Integrated Logistics Debt-to-Equity Chart

Patel Integrated Logistics Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.51

0.53

0.41

0.27

0.20

Patel Integrated Logistics Quarterly Data
	Mar19	Jun19	Sep19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.27	N/A	0.18	N/A	0.20

Competitive Comparison of Patel Integrated Logistics's Debt-to-Equity

For the Integrated Freight & Logistics subindustry, Patel Integrated Logistics'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.

Patel Integrated Logistics's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Patel Integrated Logistics's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Patel Integrated Logistics's Debt-to-Equity falls into.

Patel Integrated Logistics Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Patel Integrated Logistics'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
	=	(155.56	+	85.643)	/	1193.222
	=	0.20

Patel Integrated Logistics'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
	=	(155.56	+	85.643)	/	1193.222
	=	0.20

Patel Integrated Logistics (NSE:PATINTLOG) 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.

Patel Integrated Logistics Debt-to-Equity Related Terms

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Patel Integrated Logistics (NSE:PATINTLOG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Patel Integrated Logistics Ltd (NSE:PATINTLOG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

526381:India

Address

52 Hill Road, Natasha Building, 1st Floor, Bandra (West), Mumbai, MH, IND, 400050

Website

http://www.patel-india.com

Patel Integrated Logistics Ltd is an India based company engaged in the business of Co-Loading of Airfreight and Logistics. The operating segment of the group is Air Cargo Service. It derives revenue from the Freight, Commission, Co-loading and Cargo Income.

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