Tara Chand Infralogistic Solutions (NSE:TARACHAND) Debt-to-Equity : 0.90 (As of Mar. 2024)

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What is Tara Chand Infralogistic Solutions Debt-to-Equity?

Tara Chand Infralogistic Solutions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹377 Mil. Tara Chand Infralogistic Solutions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹475 Mil. Tara Chand Infralogistic Solutions's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹949 Mil. Tara Chand Infralogistic Solutions's debt to equity for the quarter that ended in Mar. 2024 was 0.90.

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 Tara Chand Infralogistic Solutions's Debt-to-Equity or its related term are showing as below:

NSE:TARACHAND' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.9 Med: 1.64 Max: 2.89
Current: 0.9

During the past 12 years, the highest Debt-to-Equity Ratio of Tara Chand Infralogistic Solutions was 2.89. The lowest was 0.90. And the median was 1.64.

NSE:TARACHAND's Debt-to-Equity is ranked worse than
77.72% of 184 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 0.42 vs NSE:TARACHAND: 0.90

Tara Chand Infralogistic Solutions Debt-to-Equity Historical Data

The historical data trend for Tara Chand Infralogistic Solutions'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.

Tara Chand Infralogistic Solutions Debt-to-Equity Chart

Tara Chand Infralogistic Solutions Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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1.64

1.92

1.64

1.21

0.90

Tara Chand Infralogistic Solutions Quarterly Data
	Jun19	Sep19	Dec19	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															1.21	N/A	1.12	N/A	0.90

Competitive Comparison of Tara Chand Infralogistic Solutions's Debt-to-Equity

For the Farm & Heavy Construction Machinery subindustry, Tara Chand Infralogistic Solutions'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.

Tara Chand Infralogistic Solutions's Debt-to-Equity Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Tara Chand Infralogistic Solutions's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Tara Chand Infralogistic Solutions's Debt-to-Equity falls into.

Tara Chand Infralogistic Solutions Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tara Chand Infralogistic Solutions'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
	=	(377.437	+	474.871)	/	948.939
	=	0.90

Tara Chand Infralogistic Solutions'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
	=	(377.437	+	474.871)	/	948.939
	=	0.90

Tara Chand Infralogistic Solutions (NSE:TARACHAND) 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.

Tara Chand Infralogistic Solutions Debt-to-Equity Related Terms

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Tara Chand Infralogistic Solutions (NSE:TARACHAND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Tara Chand Infralogistic Solutions Ltd (NSE:TARACHAND) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

342, Industrial Area, Phase I, Chandigarh, IND, 160002

Website

https://www.tarachandindia.in

Tara Chand Infralogistic Solutions Ltd is an Indian company that provides heavy lifting equipment for infrastructure and construction projects. The company is actively engaged in key metro projects in India, largely in Tier 1 and 2 cities, with its large fleet of Hydraulic Piling Rigs, heavy lifting capacity Cranes, and Concrete Construction Machinery. The company has three segments including Transport and handling services, Equipment rental services, and Steel processing and distribution.

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