India Pesticides (BOM:543311) Debt-to-Equity : 0.03 (As of Mar. 2024)

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What is India Pesticides Debt-to-Equity?

India Pesticides's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹174 Mil. India Pesticides's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹82 Mil. India Pesticides's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹8,249 Mil. India Pesticides's debt to equity for the quarter that ended in Mar. 2024 was 0.03.

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 India Pesticides's Debt-to-Equity or its related term are showing as below:

BOM:543311' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.06 Max: 0.31
Current: 0.03

During the past 6 years, the highest Debt-to-Equity Ratio of India Pesticides was 0.31. The lowest was 0.02. And the median was 0.06.

BOM:543311's Debt-to-Equity is ranked better than
91.71% of 217 companies
in the Agriculture industry
Industry Median: 0.35 vs BOM:543311: 0.03

India Pesticides Debt-to-Equity Historical Data

The historical data trend for India Pesticides'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.

India Pesticides Debt-to-Equity Chart

India Pesticides Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.10

0.08

0.04

0.02

0.03

India Pesticides Quarterly Data
	Mar19	Mar20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial											0.02	N/A	0.02	N/A	0.03

Competitive Comparison of India Pesticides's Debt-to-Equity

For the Agricultural Inputs subindustry, India Pesticides'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.

India Pesticides's Debt-to-Equity Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, India Pesticides's Debt-to-Equity distribution charts can be found below:

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

India Pesticides Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

India Pesticides'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
	=	(174.2	+	81.7)	/	8249.1
	=	0.03

India Pesticides'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
	=	(174.2	+	81.7)	/	8249.1
	=	0.03

India Pesticides (BOM:543311) 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.

India Pesticides Debt-to-Equity Related Terms

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

India Pesticides (BOM:543311) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » India Pesticides Ltd (BOM:543311) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

IPL:India

Address

Water Works Road, Swarup Cold Storage Compound, Aishbagh, Lucknow, UP, IND, 226 004

Website

https://www.indiapesticideslimited.com

India Pesticides Ltd is an agrochemical manufacturer in India. The company operates in Agro chemicals as its main business segment. The company's technical includes Fungicides and Herbicides. Geographically the company derives revenue from India and foreign countries.

India Pesticides (BOM:543311) Headlines

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