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Sagardeep Alloys (NSE:SAGARDEEP) Debt-to-Equity : 0.23 (As of Mar. 2023)


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What is Sagardeep Alloys Debt-to-Equity?

Sagardeep Alloys's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹50.2 Mil. Sagardeep Alloys's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹11.5 Mil. Sagardeep Alloys's Total Stockholders Equity for the quarter that ended in Mar. 2023 was ₹268.8 Mil. Sagardeep Alloys's debt to equity for the quarter that ended in Mar. 2023 was 0.23.

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 Sagardeep Alloys's Debt-to-Equity or its related term are showing as below:

NSE:SAGARDEEP's Debt-to-Equity is not ranked *
in the Metals & Mining industry.
Industry Median: 0.13
* Ranked among companies with meaningful Debt-to-Equity only.

Sagardeep Alloys Debt-to-Equity Historical Data

The historical data trend for Sagardeep Alloys'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.

Sagardeep Alloys Debt-to-Equity Chart

Sagardeep Alloys Annual Data
Trend Mar11 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.42 0.39 0.26 0.50 0.23

Sagardeep Alloys Quarterly Data
Sep16 Mar17 Mar18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Mar23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A 0.50 N/A N/A 0.23

Competitive Comparison of Sagardeep Alloys's Debt-to-Equity

For the Copper subindustry, Sagardeep Alloys'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.


Sagardeep Alloys's Debt-to-Equity Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Sagardeep Alloys's Debt-to-Equity distribution charts can be found below:

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



Sagardeep Alloys Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sagardeep Alloys's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Sagardeep Alloys's Debt to Equity Ratio for the quarter that ended in Mar. 2023 is calculated as

* 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.


Sagardeep Alloys  (NSE:SAGARDEEP) 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.


Sagardeep Alloys Debt-to-Equity Related Terms

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


Sagardeep Alloys (NSE:SAGARDEEP) Business Description

Traded in Other Exchanges
N/A
Address
Khatraj Road, Plot number 2070, Rajnagar Patia, Santej, Santej Kalol, Gandhinagar, GJ, IND, 382721
Sagardeep Alloys Ltd manufactures basic precious and non-ferrous alloys. It is also a wholesaler of metal and metal ores. It is engaged in the manufacturing and trading of copper and brass products such as pipes and tubes and the trading of stainless steel, copper, brass, and other metal product. Its product offering consists of Gilding Metal, Commercial Bronze, Red Brass, Low Brass, Cartridge Brass, Yellow Brass, Muntz Metal, Cupro Nickel Tubes and Pipe, Cupro Nickel Rods, Stainless Steel Scrap Grades, Stainless Steel Pipes and Tubes, Stainless Steel Sheets / Plates, Stainless Steel Coils, Stainless Steel Bars, Copper Pipes and Tubes, Copper Flats, Copper Coils, Copper Rod, Copper Anodes / Nuggets, Copper Plates, Oxygen Free Copper.

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