Dhampur Sugar Mills (NSE:DHAMPURSUG) Debt-to-Equity : 0.89 (As of Mar. 2024)

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What is Dhampur Sugar Mills Debt-to-Equity?

Dhampur Sugar Mills's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹8,041 Mil. Dhampur Sugar Mills's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹1,767 Mil. Dhampur Sugar Mills's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹11,003 Mil. Dhampur Sugar Mills's debt to equity for the quarter that ended in Mar. 2024 was 0.89.

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

NSE:DHAMPURSUG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.71 Med: 1.37 Max: 3.46
Current: 0.89

During the past 13 years, the highest Debt-to-Equity Ratio of Dhampur Sugar Mills was 3.46. The lowest was 0.71. And the median was 1.37.

NSE:DHAMPURSUG's Debt-to-Equity is ranked worse than
74.45% of 1648 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs NSE:DHAMPURSUG: 0.89

Dhampur Sugar Mills Debt-to-Equity Historical Data

The historical data trend for Dhampur Sugar Mills'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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Dhampur Sugar Mills Debt-to-Equity Chart

Dhampur Sugar Mills Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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1.29

0.74

1.00

0.71

0.89

Dhampur Sugar Mills 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															0.71	N/A	0.36	N/A	0.89

Competitive Comparison of Dhampur Sugar Mills's Debt-to-Equity

For the Confectioners subindustry, Dhampur Sugar Mills'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.

Dhampur Sugar Mills's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

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

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

Dhampur Sugar Mills Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Dhampur Sugar Mills'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
	=	(8041.3	+	1767)	/	11003.3
	=	0.89

Dhampur Sugar Mills'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
	=	(8041.3	+	1767)	/	11003.3
	=	0.89

Dhampur Sugar Mills (NSE:DHAMPURSUG) 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.

Dhampur Sugar Mills Debt-to-Equity Related Terms

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

Dhampur Sugar Mills (NSE:DHAMPURSUG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Dhampur Sugar Mills Ltd (NSE:DHAMPURSUG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

500119:India

Address

Okhla Industrial Estate, Phase-III, 6th Floor, Max House, New Delhi, IND, 110020

Website

https://www.dhampur.com

Dhampur Sugar Mills Ltd is a sugarcane processing company in India. The company's operating segment includes Sugar, Power, Ethanol, Chemical, and Potable spirit, and others. The Sugar segment consists of the manufacture and sale of Sugar and its byproducts. The Ethanol segment consists of the manufacture and sale of RS, Ethanol, ENA, and Industrial alcohol. Its Power segment consists of co-generation and sale of power. The potable Spirits segment consists of the manufacture and sale of Country liquor. The chemicals segment consists of the manufacture and sale of Ethyl Acetate. Others consist of the sale of petrol and agricultural products. Geographically, it derives a majority of its revenue from India. The company generates the majority of its revenue from the Sugar segment.

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