Jyoti Structures (BOM:513250) Debt-to-Equity : 418.86 (As of Sep. 2023)

View and export this data going back to 1991. Start your Free Trial

What is Jyoti Structures Debt-to-Equity?

Jyoti Structures's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹662 Mil. Jyoti Structures's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹17,932 Mil. Jyoti Structures's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹44 Mil. Jyoti Structures's debt to equity for the quarter that ended in Sep. 2023 was 418.86.

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 Jyoti Structures's Debt-to-Equity or its related term are showing as below:

BOM:513250' s Debt-to-Equity Range Over the Past 10 Years
Min: -15.48 Med: -0.45 Max: 418.86
Current: 418.86

During the past 13 years, the highest Debt-to-Equity Ratio of Jyoti Structures was 418.86. The lowest was -15.48. And the median was -0.45.

BOM:513250's Debt-to-Equity is ranked worse than
100% of 2629 companies
in the Industrial Products industry
Industry Median: 0.29 vs BOM:513250: 418.86

Jyoti Structures Debt-to-Equity Historical Data

The historical data trend for Jyoti Structures'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.

Jyoti Structures Debt-to-Equity Chart

Jyoti Structures Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

Get a 7-Day Free Trial

-0.87

-0.72

-0.64

10.03

66.11

Jyoti Structures Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															N/A	21.19	66.11	N/A	418.86

Competitive Comparison of Jyoti Structures's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Jyoti Structures'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.

Jyoti Structures's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Jyoti Structures's Debt-to-Equity distribution charts can be found below:

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

Jyoti Structures Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Jyoti Structures'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
	=	(741.571	+	16019.857)	/	253.538
	=	66.11

Jyoti Structures'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
	=	(662.125	+	17932.254)	/	44.393
	=	418.86

Jyoti Structures (BOM:513250) 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.

Jyoti Structures Debt-to-Equity Related Terms

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

Jyoti Structures (BOM:513250) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Jyoti Structures Ltd (BOM:513250) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

JYOTISTRUC:India

Address

New Link Road, 6th Floor, Valecha Chambers, Oshiwara, Andheri (West), Mumbai, MH, IND, 400053

Website

http://www.jyotistructures.in

Jyoti Structures Ltd is an engineering, procurement and construction (EPC) contracting company. It is engaged in power transmission and distribution networks wherein it manufactures and deals in various components/equipment's and constructs infrastructure related to power transmission. The company offers solutions in the areas of Transmission Line, Substations Switchyards, Rural Electrification and Solar Power.

Jyoti Structures (BOM:513250) Headlines

No Headlines