Annapurna Swadisht (NSE:ANNAPURNA) Debt-to-Equity : 0.22 (As of Sep. 2023)

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What is Annapurna Swadisht Debt-to-Equity?

Annapurna Swadisht's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹204 Mil. Annapurna Swadisht's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹22 Mil. Annapurna Swadisht's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹1,036 Mil. Annapurna Swadisht's debt to equity for the quarter that ended in Sep. 2023 was 0.22.

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 Annapurna Swadisht's Debt-to-Equity or its related term are showing as below:

NSE:ANNAPURNA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.17 Med: 0.4 Max: 2.47
Current: 0.22

During the past 4 years, the highest Debt-to-Equity Ratio of Annapurna Swadisht was 2.47. The lowest was 0.17. And the median was 0.40.

NSE:ANNAPURNA's Debt-to-Equity is ranked better than
66.32% of 1639 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs NSE:ANNAPURNA: 0.22

Annapurna Swadisht Debt-to-Equity Historical Data

The historical data trend for Annapurna Swadisht'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.

Annapurna Swadisht Debt-to-Equity Chart

Annapurna Swadisht Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

1.51

2.47

0.93

0.40

Annapurna Swadisht Semi-Annual Data
	Mar20	Mar21	Sep21	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial			2.47	N/A	0.17	0.40	0.22

Competitive Comparison of Annapurna Swadisht's Debt-to-Equity

For the Packaged Foods subindustry, Annapurna Swadisht'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.

Annapurna Swadisht's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

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

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

Annapurna Swadisht Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Annapurna Swadisht'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
	=	(178.337	+	62.727)	/	597.632
	=	0.40

Annapurna Swadisht's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(204.145	+	22.177)	/	1036.493
	=	0.22

Annapurna Swadisht (NSE:ANNAPURNA) 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.

Annapurna Swadisht Debt-to-Equity Related Terms

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Annapurna Swadisht (NSE:ANNAPURNA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Annapurna Swadisht Ltd (NSE:ANNAPURNA) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Jawaharlal Nehru Road, Chatterjee International Building, 13th Floor, Unit No. A01 and A02, 33A, Kolkata, WB, IND, 700071

Website

https://www.annapurnasnacks.in

Annapurna Swadisht Ltd is a manufacturer of snacks and food products, namely, Fryums, cakes, candy, namkeen, chips, and Gohona Bori. It sells more than 12 Lakh packets of products daily. The company's products are marketed under its own brand names Jackpot, Chatpata Moon, Balloon, Finger, Rambo, Makeup Box, Dhamaka, Phoochka, Jungle Adventures, Ringa, Bachpan Ka Pyaar, Kurchure, Cream Filled Cake Vanilla, Cream Filled Cake Litchi, among others. The company operates only in one segment, namely the manufacturing of food products.

Annapurna Swadisht (NSE:ANNAPURNA) Headlines

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