Manorama Industries (BOM:541974) Debt-to-Equity : N/A (As of Dec. 2023)

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What is Manorama Industries Debt-to-Equity?

Manorama Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Manorama Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Manorama Industries'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 Manorama Industries's Debt-to-Equity or its related term are showing as below:

BOM:541974' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.57 Max: 1.6
Current: 0.79

During the past 10 years, the highest Debt-to-Equity Ratio of Manorama Industries was 1.60. The lowest was 0.01. And the median was 0.57.

BOM:541974's Debt-to-Equity is ranked worse than
70.53% of 1639 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs BOM:541974: 0.79

Manorama Industries Debt-to-Equity Historical Data

The historical data trend for Manorama Industries'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.

Manorama Industries Debt-to-Equity Chart

Manorama Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.24

0.92

0.59

0.40

0.37

Manorama Industries Quarterly Data
	Mar18	Sep18	Mar19	Sep19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															N/A	0.37	N/A	0.79	N/A

Competitive Comparison of Manorama Industries's Debt-to-Equity

For the Packaged Foods subindustry, Manorama Industries'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.

Manorama Industries's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

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

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

Manorama Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Manorama Industries'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
	=	(860.351	+	239.851)	/	2983.033
	=	0.37

Manorama Industries'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

Manorama Industries (BOM:541974) 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.

Manorama Industries Debt-to-Equity Related Terms

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

Manorama Industries (BOM:541974) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Manorama Industries Ltd (BOM:541974) » Definitions » Debt-to-Equity

Traded in Other Exchanges

MANORAMA:India

Address

F-6, Anupam Nagar, Raipur, CT, IND, 492007

Website

https://www.manoramagroup.co.in

Manorama Industries Ltd is engaged in the manufacturing, processing, and supply of exotic and specialty fats and oils. The products offered by the company include Sal butter, Sal fat, Sal stearine, Mango butter, Kokum oil, Mowrah fat, and several other value-added tailor-made products. Its only operating segment being the Manufacturing of Exotic Seed based Fats and Butters including Cocoa Butter Equivalent (CBE). The group sells the products in India and also exports them to other countries.

Manorama Industries (BOM:541974) Headlines

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