CESC (BOM:500084) Debt-to-Equity : N/A (As of Dec. 2023)

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What is CESC Debt-to-Equity?

CESC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. CESC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. CESC's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹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 CESC's Debt-to-Equity or its related term are showing as below:

BOM:500084' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.22 Med: 1.41 Max: 2.12
Current: 1.22

During the past 13 years, the highest Debt-to-Equity Ratio of CESC was 2.12. The lowest was 1.22. And the median was 1.41.

BOM:500084's Debt-to-Equity is ranked worse than
61.84% of 477 companies
in the Utilities - Regulated industry
Industry Median: 0.87 vs BOM:500084: 1.22

CESC Debt-to-Equity Historical Data

The historical data trend for CESC'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.

CESC Debt-to-Equity Chart

CESC Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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1.61

1.52

1.45

1.44

1.31

CESC Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															N/A	1.31	N/A	1.22	N/A

Competitive Comparison of CESC's Debt-to-Equity

For the Utilities - Regulated Electric subindustry, CESC'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.

CESC's Debt-to-Equity Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, CESC's Debt-to-Equity distribution charts can be found below:

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

CESC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CESC's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 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
	=	(45273.6	+	97354.8)	/	109103.7
	=	1.31

CESC's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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

CESC (BOM:500084) 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.

CESC Debt-to-Equity Related Terms

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

CESC (BOM:500084) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » CESC Ltd (BOM:500084) » Definitions » Debt-to-Equity

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CESC:India

Address

CESC House, Chowringhee Square, Kolkata, WB, IND, 700 001

Website

https://www.cesc.co.in

CESC Ltd is an Indian power utility company engaged in the generation and distribution of electricity. The company owns and operates a portfolio of energy-generating facilities that primarily utilize thermal fuel sources, such as coal. CESC sources its coal mainly from Indian mines either allocated to it by the Government of India or purchased in the marketplace. The company has also made efforts to expand its capacity through renewable energy sites that employ wind, hydro, and solar power. CESC generates the vast majority of its revenue from the sale of electricity to consumer households and commercial establishments in the state of West Bengal in India. Through its subsidiaries, the company is also involved in the retail, business process management, and infrastructure sectors.

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