Bajaj Electricals (BOM:500031) Debt-to-Equity : 0.15 (As of Mar. 2024)

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What is Bajaj Electricals Debt-to-Equity?

Bajaj Electricals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹423 Mil. Bajaj Electricals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹1,726 Mil. Bajaj Electricals's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹14,412 Mil. Bajaj Electricals's debt to equity for the quarter that ended in Mar. 2024 was 0.15.

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 Bajaj Electricals's Debt-to-Equity or its related term are showing as below:

BOM:500031' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.75 Max: 1.51
Current: 0.15

During the past 13 years, the highest Debt-to-Equity Ratio of Bajaj Electricals was 1.51. The lowest was 0.05. And the median was 0.75.

BOM:500031's Debt-to-Equity is ranked better than
73.68% of 380 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.325 vs BOM:500031: 0.15

Bajaj Electricals Debt-to-Equity Historical Data

The historical data trend for Bajaj Electricals'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.

Bajaj Electricals Debt-to-Equity Chart

Bajaj Electricals Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.79

0.32

0.05

0.15

Bajaj Electricals 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															0.05	N/A	0.15	N/A	0.15

Competitive Comparison of Bajaj Electricals's Debt-to-Equity

For the Furnishings, Fixtures & Appliances subindustry, Bajaj Electricals'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.

Bajaj Electricals's Debt-to-Equity Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Bajaj Electricals's Debt-to-Equity distribution charts can be found below:

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

Bajaj Electricals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bajaj Electricals'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
	=	(422.8	+	1726.1)	/	14412.2
	=	0.15

Bajaj Electricals'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
	=	(422.8	+	1726.1)	/	14412.2
	=	0.15

Bajaj Electricals (BOM:500031) 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.

Bajaj Electricals Debt-to-Equity Related Terms

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

Bajaj Electricals (BOM:500031) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Bajaj Electricals Ltd (BOM:500031) » Definitions » Debt-to-Equity

Traded in Other Exchanges

BAJAJELEC:India

Address

Bhanu Shankar Yagnik Marg, Off Eastern Express Highway, 001, 502, 701 and 801, Rustomjee Aspiree, Sion East, Mumbai, MH, IND, 400 022

Website

https://www.bajajelectricals.com

Bajaj Electricals Ltd is an Indian company that manufactures and sells consumer electrical appliances. The company's operating segment includes Consumer Products; Lighting and EPC. The Engineering and Projects segment includes Transmission Line Towers, Power Distribution and Illumination. The Consumer Products segment, which is the key revenue driver, includes Appliances, Fans and Consumer Lighting Products. The Lighting segment includes Professional Lighting (B2B) and Consumer Lighting (B2C)The group has a business presence in India and Outside India.

Bajaj Electricals (BOM:500031) Headlines

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