Navana CNG (DHA:NAVANACNG) Debt-to-Equity : 4.72 (As of Mar. 2024)

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What is Navana CNG Debt-to-Equity?

Navana CNG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was BDT2,069 Mil. Navana CNG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was BDT9,092 Mil. Navana CNG's Total Stockholders Equity for the quarter that ended in Mar. 2024 was BDT2,363 Mil. Navana CNG's debt to equity for the quarter that ended in Mar. 2024 was 4.72.

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 Navana CNG's Debt-to-Equity or its related term are showing as below:

DHA:NAVANACNG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.39 Med: 3.06 Max: 4.65
Current: 4.65

During the past 13 years, the highest Debt-to-Equity Ratio of Navana CNG was 4.65. The lowest was 0.39. And the median was 3.06.

DHA:NAVANACNG's Debt-to-Equity is ranked worse than
96.65% of 477 companies
in the Utilities - Regulated industry
Industry Median: 0.87 vs DHA:NAVANACNG: 4.65

Navana CNG Debt-to-Equity Historical Data

The historical data trend for Navana CNG'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.

Navana CNG Debt-to-Equity Chart

Navana CNG Annual Data

Trend

Mar13

Mar14

Mar15

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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3.06

3.36

3.78

4.07

4.41

Navana CNG 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															4.33	4.41	4.49	4.65	4.72

Competitive Comparison of Navana CNG's Debt-to-Equity

For the Utilities - Regulated Gas subindustry, Navana CNG'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.

Navana CNG's Debt-to-Equity Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Navana CNG's Debt-to-Equity distribution charts can be found below:

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

Navana CNG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Navana CNG's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(2699.857	+	7887.974)	/	2398.873
	=	4.41

Navana CNG'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
	=	(2068.593	+	9091.524)	/	2362.923
	=	4.72

Navana CNG (DHA:NAVANACNG) 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.

Navana CNG Debt-to-Equity Related Terms

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Navana CNG (DHA:NAVANACNG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Navana CNG Ltd (DHA:NAVANACNG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

205-207, Tejgaon Industrial Area, Dhaka, BGD, 1208

Website

https://www.navanacng.com

Navana CNG Ltd is engaged in converting petrol and diesel-driven vehicles to compressed natural gas (CNG) driven vehicles, CNG refueling stations, and other related services. The company also focuses on re-testing facilities, package maintenance programs, and manufacturing polymer, plastic, polyethylene, and tubes. Its operating segment includes a Conversion Workshop and CNG & LPG Station. The company generates maximum revenue from the CNG Station segment.

Navana CNG (DHA:NAVANACNG) Headlines

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