Tata Power Co (NSE:TATAPOWER) Debt-to-Equity : 1.66 (As of Mar. 2024)

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What is Tata Power Co Debt-to-Equity?

Tata Power Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹125,547 Mil. Tata Power Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹411,347 Mil. Tata Power Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹323,553 Mil. Tata Power Co's debt to equity for the quarter that ended in Mar. 2024 was 1.66.

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 Tata Power Co's Debt-to-Equity or its related term are showing as below:

NSE:TATAPOWER' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.66 Med: 2.58 Max: 3.37
Current: 1.66

During the past 13 years, the highest Debt-to-Equity Ratio of Tata Power Co was 3.37. The lowest was 1.66. And the median was 2.58.

NSE:TATAPOWER's Debt-to-Equity is ranked worse than
71.61% of 391 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.79 vs NSE:TATAPOWER: 1.66

Tata Power Co Debt-to-Equity Historical Data

The historical data trend for Tata Power Co'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.

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Tata Power Co Debt-to-Equity Chart

Tata Power Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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2.65

2.09

2.28

1.84

1.66

Tata Power Co 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															1.84	N/A	1.74	N/A	1.66

Competitive Comparison of Tata Power Co's Debt-to-Equity

For the Utilities - Independent Power Producers subindustry, Tata Power Co'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.

Tata Power Co's Debt-to-Equity Distribution in the Utilities - Independent Power Producers Industry

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

* The bar in red indicates where Tata Power Co's Debt-to-Equity falls into.

Tata Power Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tata Power Co'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
	=	(125547.2	+	411347.3)	/	323552.9
	=	1.66

Tata Power Co'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
	=	(125547.2	+	411347.3)	/	323552.9
	=	1.66

Tata Power Co (NSE:TATAPOWER) 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.

Tata Power Co Debt-to-Equity Related Terms

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

Tata Power Co (NSE:TATAPOWER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Tata Power Co Ltd (NSE:TATAPOWER) » Definitions » Debt-to-Equity

Traded in Other Exchanges

500400:India

Address

34 Sant Tukaram Road, Corporate Center B, Carnac Bunder, Mumbai, MH, IND, 400 009

Website

https://www.tatapower.com

Tata Power Co Ltd is an Indian electric utility company within the Tata Group multinational conglomerate that builds, operates, and maintains power generation and distribution facilities. With the help of its seven key subsidiaries and numerous joint-venture companies, Tata Power generates Most of its revenue through the generation, transmission, distribution, and trading of electricity throughout India. Most of this energy is produced from thermal fuel sources, such as coal, oil, and gas. Additionally, Tata Power engages in the production of energy from hydroelectric and renewable sources, including multiple hydroelectric and wind power projects located throughout Africa. Its segment comprises Generation; Renewables; Transmission and Distribution; and Others.

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