Euro India Fresh Foods (NSE:EIFFL) Debt-to-Equity : 0.60 (As of Mar. 2023)

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What is Euro India Fresh Foods Debt-to-Equity?

Euro India Fresh Foods's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹264 Mil. Euro India Fresh Foods's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹121 Mil. Euro India Fresh Foods's Total Stockholders Equity for the quarter that ended in Mar. 2023 was ₹645 Mil. Euro India Fresh Foods's debt to equity for the quarter that ended in Mar. 2023 was 0.60.

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

NSE:EIFFL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.26 Med: 0.59 Max: 4.45
Current: 0.6

During the past 12 years, the highest Debt-to-Equity Ratio of Euro India Fresh Foods was 4.45. The lowest was 0.26. And the median was 0.59.

NSE:EIFFL's Debt-to-Equity is ranked worse than
61.71% of 1648 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs NSE:EIFFL: 0.60

Euro India Fresh Foods Debt-to-Equity Historical Data

The historical data trend for Euro India Fresh Foods'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.

Euro India Fresh Foods Debt-to-Equity Chart

Euro India Fresh Foods Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.26

0.35

0.54

0.59

0.60

Euro India Fresh Foods Semi-Annual Data
	Mar12	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23
Debt-to-Equity	Get a 7-Day Free Trial							0.26	0.35	0.54	0.59	0.60

Competitive Comparison of Euro India Fresh Foods's Debt-to-Equity

For the Packaged Foods subindustry, Euro India Fresh Foods'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.

Euro India Fresh Foods's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Euro India Fresh Foods's Debt-to-Equity distribution charts can be found below:

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

Euro India Fresh Foods Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Euro India Fresh Foods'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
	=	(264.4	+	120.8)	/	645
	=	0.60

Euro India Fresh Foods's Debt to Equity Ratio for the quarter 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
	=	(264.4	+	120.8)	/	645
	=	0.60

Euro India Fresh Foods (NSE:EIFFL) 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.

Euro India Fresh Foods Debt-to-Equity Related Terms

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

Euro India Fresh Foods (NSE:EIFFL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Euro India Fresh Foods Ltd (NSE:EIFFL) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Andheri Kurla Road, Near Cinemax Theater, 501, 5th Floor, The Summit Business Bay, Andheri (East), Mumbai, MH, IND, 400059

Website

https://www.euroindiafoods.com

Euro India Fresh Foods Ltd is an Indian Food business firm. The company is engaged in manufacturing and selling processed food and beverages which is the only business segment. Company products include; Euro Chips, Euro Namkeens, Euro Getmore, Euro Wheels, packaged drinking water Euro Spa, Euro's mango drink Fresho, and lemon-based drinks Euro Lemoni. The firm has outlets in cities such as Surat, Ahmedabad, Bhavnagar, Mumbai and Others. Euro also exports products overseas however the majority of the revenue accrues from domestic sales.

Euro India Fresh Foods (NSE:EIFFL) Headlines

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