NLC India (BOM:513683) Debt-to-Equity : 1.36 (As of Mar. 2024)

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What is NLC India Debt-to-Equity?

NLC India's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹31,561 Mil. NLC India's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹192,594 Mil. NLC India's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹165,311 Mil. NLC India's debt to equity for the quarter that ended in Mar. 2024 was 1.36.

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 NLC India's Debt-to-Equity or its related term are showing as below:

BOM:513683' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.5 Med: 1.41 Max: 2.21
Current: 1.36

During the past 13 years, the highest Debt-to-Equity Ratio of NLC India was 2.21. The lowest was 0.50. And the median was 1.41.

BOM:513683's Debt-to-Equity is ranked worse than
66.67% of 477 companies
in the Utilities - Regulated industry
Industry Median: 0.85 vs BOM:513683: 1.36

NLC India Debt-to-Equity Historical Data

The historical data trend for NLC India'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.

NLC India Debt-to-Equity Chart

NLC India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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2.21

2.02

1.56

1.47

1.36

NLC India Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															N/A	1.47	1.32	N/A	1.36

Competitive Comparison of NLC India's Debt-to-Equity

For the Utilities - Regulated Electric subindustry, NLC India'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.

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

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

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

NLC India Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

NLC India'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
	=	(31560.5	+	192594.4)	/	165310.5
	=	1.36

NLC India'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
	=	(31560.5	+	192594.4)	/	165310.5
	=	1.36

NLC India (BOM:513683) 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.

NLC India Debt-to-Equity Related Terms

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

NLC India (BOM:513683) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » NLC India Ltd (BOM:513683) » Definitions » Debt-to-Equity

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NLCINDIA:India

Address

Block - 1, Neyveli, Neyveli, Cuddalore, TN, IND, 607801

Website

https://www.nlcindia.in

NLC India Ltd is an energy company. The company has two reportable segments namely the Mining segment which is engaged in the mining of lignite and the Power generation segment which is engaged in the generation and sale of power utilities across the country. The power is generated from Thermal Power Stations and renewable energy sources such as wind and solar. It generates maximum revenue from the Power generation segment. It also engaged in providing consultancy and management services relating to mining and power generation.

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