Bhanderi Infracon (BOM:538576) Debt-to-Equity : 0.76 (As of Sep. 2023)

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What is Bhanderi Infracon Debt-to-Equity?

Bhanderi Infracon's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹10.60 Mil. Bhanderi Infracon's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹179.33 Mil. Bhanderi Infracon's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹250.36 Mil. Bhanderi Infracon's debt to equity for the quarter that ended in Sep. 2023 was 0.76.

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 Bhanderi Infracon's Debt-to-Equity or its related term are showing as below:

BOM:538576' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.59 Max: 1.55
Current: 0.76

During the past 10 years, the highest Debt-to-Equity Ratio of Bhanderi Infracon was 1.55. The lowest was 0.06. And the median was 0.59.

BOM:538576's Debt-to-Equity is not ranked
in the Real Estate industry.
Industry Median: 0.76 vs BOM:538576: 0.76

Bhanderi Infracon Debt-to-Equity Historical Data

The historical data trend for Bhanderi Infracon'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.

Bhanderi Infracon Debt-to-Equity Chart

Bhanderi Infracon Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.36

0.35

0.39

0.43

0.91

Bhanderi Infracon Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.06	0.43	0.62	0.91	0.76

Competitive Comparison of Bhanderi Infracon's Debt-to-Equity

For the Real Estate - Diversified subindustry, Bhanderi Infracon'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.

Bhanderi Infracon's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Bhanderi Infracon's Debt-to-Equity distribution charts can be found below:

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

Bhanderi Infracon Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bhanderi Infracon'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
	=	(44.9	+	178.1)	/	244.8
	=	0.91

Bhanderi Infracon'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
	=	(10.595	+	179.332)	/	250.356
	=	0.76

Bhanderi Infracon (BOM:538576) 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.

Bhanderi Infracon Debt-to-Equity Related Terms

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Bhanderi Infracon (BOM:538576) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Bhanderi Infracon Ltd (BOM:538576) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

B/12, Jabuka Complex, Near Bajrang Ashram, Below Vikas School, NH-8, Thakkar Bapanagar, Ahmedabad, GJ, IND, 382350

Website

https://www.bhanderiinfracon.com

Bhanderi Infracon Ltd is a real estate development company. The company is engaged in the development of residential flats and bungalows under partnership firms. It offers services to residential, industrial, and commercial sectors. In the industrial sector, it provides services consisting of the construction of factories, sheds, and workshops. It operates in Real Estate and Trading in Grocery segments.

Bhanderi Infracon (BOM:538576) Headlines

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