Hindustan Aeronautics (BOM:541154) Debt-to-Equity : 0.00 (As of Mar. 2024)

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What is Hindustan Aeronautics Debt-to-Equity?

Hindustan Aeronautics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0 Mil. Hindustan Aeronautics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹11 Mil. Hindustan Aeronautics's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹291,382 Mil. Hindustan Aeronautics's debt to equity for the quarter that ended in Mar. 2024 was 0.00.

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 Hindustan Aeronautics's Debt-to-Equity or its related term are showing as below:

During the past 12 years, the highest Debt-to-Equity Ratio of Hindustan Aeronautics was 0.44. The lowest was 0.00. And the median was 0.09.

BOM:541154's Debt-to-Equity is not ranked ^*
in the Aerospace & Defense industry.
Industry Median: 0.43
* Ranked among companies with meaningful Debt-to-Equity only.

Hindustan Aeronautics Debt-to-Equity Historical Data

The historical data trend for Hindustan Aeronautics'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.

Hindustan Aeronautics Debt-to-Equity Chart

Hindustan Aeronautics Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.44

Hindustan Aeronautics 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															-	N/A	-	N/A	-

Competitive Comparison of Hindustan Aeronautics's Debt-to-Equity

For the Aerospace & Defense subindustry, Hindustan Aeronautics'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.

Hindustan Aeronautics's Debt-to-Equity Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Hindustan Aeronautics's Debt-to-Equity distribution charts can be found below:

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

Hindustan Aeronautics Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hindustan Aeronautics'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
	=	(0.2	+	10.8)	/	291381.7
	=	0.00

Hindustan Aeronautics'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
	=	(0.2	+	10.8)	/	291381.7
	=	0.00

Hindustan Aeronautics (BOM:541154) 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.

Hindustan Aeronautics Debt-to-Equity Related Terms

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Hindustan Aeronautics (BOM:541154) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Hindustan Aeronautics Ltd (BOM:541154) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

HAL:India

Address

No. 15/1 Cubbon Road, Bengaluru, KA, IND, 560 001

Website

https://www.hal-india.co.in

Hindustan Aeronautics Ltd operates in the aerospace and defense sector. The company is engaged in the design, manufacturing, and development of products like aircraft, helicopters, systems and accessories, power plants, avionics, materials like castings, rolled rings, rubber products, and aerospace which include structures, tanks, and cryogenic engines. Geographically the company derives revenue from India and other countries, of which a majority of revenue is generated from India.

Hindustan Aeronautics (BOM:541154) Headlines

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