KPI Green Energy (BOM:542323) Debt-to-Equity : 1.24 (As of Mar. 2024)

View and export this data going back to 2019. Start your Free Trial

What is KPI Green Energy Debt-to-Equity?

KPI Green Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹4,147 Mil. KPI Green Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹6,217 Mil. KPI Green Energy's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹8,357 Mil. KPI Green Energy's debt to equity for the quarter that ended in Mar. 2024 was 1.24.

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 KPI Green Energy's Debt-to-Equity or its related term are showing as below:

BOM:542323' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.4 Med: 1.24 Max: 2.9
Current: 1.24

During the past 9 years, the highest Debt-to-Equity Ratio of KPI Green Energy was 2.90. The lowest was 0.40. And the median was 1.24.

BOM:542323's Debt-to-Equity is ranked worse than
60.87% of 391 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.79 vs BOM:542323: 1.24

KPI Green Energy Debt-to-Equity Historical Data

The historical data trend for KPI Green Energy'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.

KPI Green Energy Debt-to-Equity Chart

KPI Green Energy Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

Get a 7-Day Free Trial

1.42

2.82

2.90

2.62

1.24

KPI Green Energy Quarterly Data
	Sep18	Mar19	Sep19	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															2.62	N/A	2.58	N/A	1.24

Competitive Comparison of KPI Green Energy's Debt-to-Equity

For the Utilities - Renewable subindustry, KPI Green Energy'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.

KPI Green Energy's Debt-to-Equity Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, KPI Green Energy's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where KPI Green Energy's Debt-to-Equity falls into.

KPI Green Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

KPI Green Energy'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
	=	(4147.306	+	6216.588)	/	8356.838
	=	1.24

KPI Green Energy'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
	=	(4147.306	+	6216.588)	/	8356.838
	=	1.24

KPI Green Energy (BOM:542323) 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.

KPI Green Energy Debt-to-Equity Related Terms

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

KPI Green Energy (BOM:542323) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » KPI Green Energy Ltd (BOM:542323) » Definitions » Debt-to-Equity

Traded in Other Exchanges

KPIGREEN:India

Address

Canal Road, Bhatar Road, KP House, Opposite Ishwar Farm Junction BRTS, Near Bliss IVF Circle, Surat, GJ, IND, 395017

Website

https://www.kpigreenenergy.com

KPI Green Energy Ltd Ltd is a solar power generating company. The company develops, builds, owns, operates, and maintains solar power plants as an Independent Power Producer (IPP) and as a service provider to Captive Power Producers (CPP) under the brand name Solarism. Its operating segment includes the Sale of Power and Solar power plants; and the Sale of Plots. The company generates maximum revenue from the Sale of Power and power plants segment. Geographically, it operates only in India.

KPI Green Energy (BOM:542323) Headlines

No Headlines