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India Tourism Development (BOM:532189) Debt-to-Equity : 0.00 (As of Mar. 2024)


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What is India Tourism Development Debt-to-Equity?

India Tourism Development's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹6 Mil. India Tourism Development's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0 Mil. India Tourism Development's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹3,891 Mil. India Tourism Development'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 India Tourism Development's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of India Tourism Development was 0.02. The lowest was 0.00. And the median was 0.00.

BOM:532189's Debt-to-Equity is not ranked *
in the Travel & Leisure industry.
Industry Median: 0.46
* Ranked among companies with meaningful Debt-to-Equity only.

India Tourism Development Debt-to-Equity Historical Data

The historical data trend for India Tourism Development'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.

India Tourism Development Debt-to-Equity Chart

India Tourism Development Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Equity
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India Tourism Development Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of India Tourism Development's Debt-to-Equity

For the Lodging subindustry, India Tourism Development'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.


India Tourism Development's Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, India Tourism Development's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where India Tourism Development's Debt-to-Equity falls into.



India Tourism Development Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

India Tourism Development's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

India Tourism Development's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* 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.


India Tourism Development  (BOM:532189) 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.


India Tourism Development Debt-to-Equity Related Terms

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India Tourism Development (BOM:532189) Business Description

Traded in Other Exchanges
Address
7 Lodi Road, Scope Complex, Core 8, 6th Floor, New Delhi, IND, 110003
India Tourism Development Corp Ltd operates in the hotel industry. The company's operating segment includes Hotel/Restaurant Operations; Duty Free Shops Operations; Travel and Tour Operations; Ashok Events and Misc. Operations; Construction, Consultancy and SEL Projects and Others. It generates maximum revenue from the Hotel/Restaurant Operations segment.

India Tourism Development (BOM:532189) Headlines

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