Krishna Defence & Allied Industries (NSE:KRISHNADEF) Debt-to-Equity : 0.27 (As of Sep. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Krishna Defence & Allied Industries Debt-to-Equity?

Krishna Defence & Allied Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹110.8 Mil. Krishna Defence & Allied Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹32.7 Mil. Krishna Defence & Allied Industries's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹523.8 Mil. Krishna Defence & Allied Industries's debt to equity for the quarter that ended in Sep. 2023 was 0.27.

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 Krishna Defence & Allied Industries's Debt-to-Equity or its related term are showing as below:

NSE:KRISHNADEF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.27 Med: 1.09 Max: 1.78
Current: 0.27

During the past 5 years, the highest Debt-to-Equity Ratio of Krishna Defence & Allied Industries was 1.78. The lowest was 0.27. And the median was 1.09.

NSE:KRISHNADEF's Debt-to-Equity is ranked better than
52.05% of 2613 companies
in the Industrial Products industry
Industry Median: 0.28 vs NSE:KRISHNADEF: 0.27

Krishna Defence & Allied Industries Debt-to-Equity Historical Data

The historical data trend for Krishna Defence & Allied Industries'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.

Krishna Defence & Allied Industries Debt-to-Equity Chart

Krishna Defence & Allied Industries Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

1.78

1.60

1.40

0.96

0.45

Krishna Defence & Allied Industries Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial			1.23	0.96	0.55	0.45	0.27

Competitive Comparison of Krishna Defence & Allied Industries's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Krishna Defence & Allied Industries'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.

Krishna Defence & Allied Industries's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Krishna Defence & Allied Industries's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Krishna Defence & Allied Industries's Debt-to-Equity falls into.

Krishna Defence & Allied Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Krishna Defence & Allied Industries'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
	=	(121.437	+	63.76)	/	408.667
	=	0.45

Krishna Defence & Allied Industries's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(110.772	+	32.719)	/	523.763
	=	0.27

Krishna Defence & Allied Industries (NSE:KRISHNADEF) 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.

Krishna Defence & Allied Industries Debt-to-Equity Related Terms

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

Krishna Defence & Allied Industries (NSE:KRISHNADEF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Krishna Defence & Allied Industries Ltd (NSE:KRISHNADEF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Vadivadi Road, 2nd Floor Office no.207, 208, Atlantis Heritage, Sarabhai campus, Vadodara, GJ, IND, 390023

Website

https://www.krishnaallied.com

Krishna Defence & Allied Industries Ltd develops, manufactures, and designs defence application products and kitchen and dairy equipment products. It manufactures and offers a wide range of products including Ballast Bricks, Improvised Explosive Device Containment Vessels, Automatic Tyre Killer, Crowd Control Barriers, Bulk milk cooler with thermal storage system, Cow Grooming Brush, Daal Cooker, Rice Storage Chute, Stainless Steel Milk Cans, Heat Recovery Unit, Bulk Cooking Equipment like Rice Cauldron, Ship Building Steel section and others. The company generates maximum revenue from the Defence Products segment.

Krishna Defence & Allied Industries (NSE:KRISHNADEF) Headlines

No Headlines