Vishwaraj Sugar Industries (BOM:542852) Debt-to-Equity : 1.36 (As of Mar. 2024)

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What is Vishwaraj Sugar Industries Debt-to-Equity?

Vishwaraj Sugar Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹2,909 Mil. Vishwaraj Sugar Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹747 Mil. Vishwaraj Sugar Industries's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹2,683 Mil. Vishwaraj Sugar Industries's debt to equity for the quarter that ended in Mar. 2024 was 1.36.

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 Vishwaraj Sugar Industries's Debt-to-Equity or its related term are showing as below:

BOM:542852' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.03 Med: 1.37 Max: 1.67
Current: 1.36

During the past 10 years, the highest Debt-to-Equity Ratio of Vishwaraj Sugar Industries was 1.67. The lowest was 1.03. And the median was 1.37.

BOM:542852's Debt-to-Equity is ranked worse than
85.16% of 1644 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs BOM:542852: 1.36

Vishwaraj Sugar Industries Debt-to-Equity Historical Data

The historical data trend for Vishwaraj Sugar Industries'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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Vishwaraj Sugar Industries Debt-to-Equity Chart

Vishwaraj Sugar Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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1.56

1.67

1.31

1.39

1.36

Vishwaraj Sugar Industries 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															1.39	1.20	1.03	1.24	1.36

Competitive Comparison of Vishwaraj Sugar Industries's Debt-to-Equity

For the Confectioners subindustry, Vishwaraj Sugar Industries'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.

Vishwaraj Sugar Industries's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Vishwaraj Sugar Industries's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Vishwaraj Sugar Industries's Debt-to-Equity falls into.

Vishwaraj Sugar Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Vishwaraj Sugar Industries'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
	=	(2908.639	+	746.567)	/	2682.911
	=	1.36

Vishwaraj Sugar Industries'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
	=	(2908.639	+	746.567)	/	2682.911
	=	1.36

Vishwaraj Sugar Industries (BOM:542852) 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.

Vishwaraj Sugar Industries Debt-to-Equity Related Terms

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Vishwaraj Sugar Industries (BOM:542852) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Vishwaraj Sugar Industries Ltd (BOM:542852) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

VISHWARAJ:India

Address

Bellad Bagewadi, Taluka Hukkeri, District Belgaum, Belgaum, KA, IND, 591 305

Website

https://www.vsil.co.in

Vishwaraj Sugar Industries Ltd is an integrated sugar and other allied products manufacturing company. In addition to sugar, the company also manufactures other allied products like Rectified Spirits, Extra-Neutral Spirits, Compost, and others. It operates in five business segments namely Sugar, Co-generation, Distillery, Indian Made Liquor, and Vinegar. The firm generates a majority of its revenue from the sale of sugar.

Vishwaraj Sugar Industries (BOM:542852) Headlines

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