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Gujarat Industries Power Co (BOM:517300) Debt-to-Equity : N/A (As of Dec. 2023)


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What is Gujarat Industries Power Co Debt-to-Equity?

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

BOM:517300' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.14   Med: 0.17   Max: 0.35
Current: 0.2

During the past 13 years, the highest Debt-to-Equity Ratio of Gujarat Industries Power Co was 0.35. The lowest was 0.14. And the median was 0.17.

BOM:517300's Debt-to-Equity is ranked better than
81.97% of 477 companies
in the Utilities - Regulated industry
Industry Median: 0.87 vs BOM:517300: 0.20

Gujarat Industries Power Co Debt-to-Equity Historical Data

The historical data trend for Gujarat Industries Power Co'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.

Gujarat Industries Power Co Debt-to-Equity Chart

Gujarat Industries Power Co 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 0.22 0.16 0.17 0.17 0.16

Gujarat Industries Power Co 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 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 Premium Member Only Premium Member Only Premium Member Only N/A 0.16 N/A 0.20 N/A

Competitive Comparison of Gujarat Industries Power Co's Debt-to-Equity

For the Utilities - Regulated Electric subindustry, Gujarat Industries Power Co'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.


Gujarat Industries Power Co's Debt-to-Equity Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where Gujarat Industries Power Co's Debt-to-Equity falls into.



Gujarat Industries Power Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Gujarat Industries Power Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Gujarat Industries Power Co's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Gujarat Industries Power Co  (BOM:517300) 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.


Gujarat Industries Power Co Debt-to-Equity Related Terms

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Gujarat Industries Power Co (BOM:517300) Business Description

Traded in Other Exchanges
Address
P.O. Ranoli, Vadodara, GJ, IND, 391 350
Gujarat Industries Power Co Ltd is engaged in the business of electrical power generation. Its power generation plants include gas-based power plants, thermal power plants, and solar power plants. The company generates a majority of its revenue from the sale of electrical energy within the domestic market.

Gujarat Industries Power Co (BOM:517300) Headlines

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