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Gandhar Oil Refinery (India) (BOM:544029) Debt-to-Equity : N/A (As of Dec. 2023)


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What is Gandhar Oil Refinery (India) Debt-to-Equity?

Gandhar Oil Refinery (India)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Gandhar Oil Refinery (India)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Gandhar Oil Refinery (India)'s Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹0 Mil.

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 Gandhar Oil Refinery (India)'s Debt-to-Equity or its related term are showing as below:

BOM:544029' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.3   Med: 0.43   Max: 0.55
Current: 0.5

During the past 3 years, the highest Debt-to-Equity Ratio of Gandhar Oil Refinery (India) was 0.55. The lowest was 0.30. And the median was 0.43.

BOM:544029's Debt-to-Equity is ranked worse than
53.2% of 829 companies
in the Oil & Gas industry
Industry Median: 0.45 vs BOM:544029: 0.50

Gandhar Oil Refinery (India) Debt-to-Equity Historical Data

The historical data trend for Gandhar Oil Refinery (India)'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.

Gandhar Oil Refinery (India) Debt-to-Equity Chart

Gandhar Oil Refinery (India) Annual Data
Trend Mar21 Mar22 Mar23
Debt-to-Equity
0.55 0.35 0.30

Gandhar Oil Refinery (India) Quarterly Data
Mar21 Mar22 Dec22 Mar23 Jun23 Dec23
Debt-to-Equity Get a 7-Day Free Trial 0.35 N/A 0.30 0.50 N/A

Competitive Comparison of Gandhar Oil Refinery (India)'s Debt-to-Equity

For the Oil & Gas Refining & Marketing subindustry, Gandhar Oil Refinery (India)'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.

Gandhar Oil Refinery (India)'s Debt-to-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Gandhar Oil Refinery (India)'s Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Gandhar Oil Refinery (India)'s Debt-to-Equity falls into.


Gandhar Oil Refinery (India) Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Gandhar Oil Refinery (India)'s Debt to Equity Ratio for the fiscal year that ended in Mar. 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
=(1513.6 + 686.24) / 7252.98
=0.30

Gandhar Oil Refinery (India)'s Debt to Equity Ratio for the quarter that ended in Dec. 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
=(0 + 0) / 0
=N/A

* 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.

Gandhar Oil Refinery (India)  (BOM:544029) 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.

Gandhar Oil Refinery (India) Debt-to-Equity Related Terms

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Gandhar Oil Refinery (India) (BOM:544029) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Gandhar Oil Refinery (India) Ltd (BOM:544029) » Definitions » Debt-to-Equity
Comparable Companies
Traded in Other Exchanges
GANDHAR:India
Address
S.V. Road, 18th floor, DLH Park, Goregaon West, Mumbai, MH, IND, 400 062
Website
https://www.gandharoil.com
Gandhar Oil Refinery (India) Ltd is a manufacturer of white oils with a growing focus on the consumer and healthcare end industries. The Company is engaged in three segments namely, manufacturing and trading of petroleum products/specialty oils, trading of non-coking coal, and providing consignment, del-credere agency services for sale of polymers to local markets.

Gandhar Oil Refinery (India) (BOM:544029) Headlines

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