Sterling and Wilson Renewable Energy (BOM:542760) Debt-to-Equity : 0.53 (As of Mar. 2024)

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What is Sterling and Wilson Renewable Energy Debt-to-Equity?

Sterling and Wilson Renewable Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹2,381 Mil. Sterling and Wilson Renewable Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹2,776 Mil. Sterling and Wilson Renewable Energy's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹9,692 Mil. Sterling and Wilson Renewable Energy's debt to equity for the quarter that ended in Mar. 2024 was 0.53.

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 Sterling and Wilson Renewable Energy's Debt-to-Equity or its related term are showing as below:

BOM:542760' s Debt-to-Equity Range Over the Past 10 Years
Min: -9.02 Med: 0.72 Max: 5.57
Current: 0.53

During the past 9 years, the highest Debt-to-Equity Ratio of Sterling and Wilson Renewable Energy was 5.57. The lowest was -9.02. And the median was 0.72.

BOM:542760's Debt-to-Equity is ranked worse than
70.32% of 876 companies
in the Semiconductors industry
Industry Median: 0.26 vs BOM:542760: 0.53

Sterling and Wilson Renewable Energy Debt-to-Equity Historical Data

The historical data trend for Sterling and Wilson Renewable Energy'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.

Sterling and Wilson Renewable Energy Debt-to-Equity Chart

Sterling and Wilson Renewable Energy Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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1.14

0.72

0.49

-9.02

0.53

Sterling and Wilson Renewable Energy 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															-9.02	N/A	-5.55	N/A	0.53

Competitive Comparison of Sterling and Wilson Renewable Energy's Debt-to-Equity

For the Solar subindustry, Sterling and Wilson Renewable Energy'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.

Sterling and Wilson Renewable Energy's Debt-to-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Sterling and Wilson Renewable Energy's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Sterling and Wilson Renewable Energy's Debt-to-Equity falls into.

Sterling and Wilson Renewable Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sterling and Wilson Renewable Energy'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
	=	(2381.2	+	2775.6)	/	9691.7
	=	0.53

Sterling and Wilson Renewable Energy'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
	=	(2381.2	+	2775.6)	/	9691.7
	=	0.53

Sterling and Wilson Renewable Energy (BOM:542760) 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.

Sterling and Wilson Renewable Energy Debt-to-Equity Related Terms

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Sterling and Wilson Renewable Energy (BOM:542760) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Sterling and Wilson Renewable Energy Ltd (BOM:542760) » Definitions » Debt-to-Equity

Traded in Other Exchanges

SWSOLAR:India

Address

P.L. Lokhande Marg, 9th Floor, Universal Majestic, Chembur (West), Mumbai, MH, IND, 400043

Website

https://www.sterlingandwilsonre.com

Sterling and Wilson Renewable Energy Ltd is an Indian company engaged in Turnkey and Rooftop solutions for engineering, procurement, construction (EPC), development, operation, and maintenance of Solar Power projects. The Operating segments of the company are; Solar EPC business and Operation and maintenance service. The company derives maximum revenue from the Solar EPC business. The company operates in India, South East Asia, the Middle East and North Africa, the United States of America, Latin America, Australia, Africa, and others.

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