Jain Irrigation Systems (BOM:500219) Debt-to-Equity : N/A (As of Dec. 2023)

View and export this data going back to 1992. Start your Free Trial

What is Jain Irrigation Systems Debt-to-Equity?

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

BOM:500219' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.73 Med: 1.44 Max: 2.38
Current: 0.73

During the past 13 years, the highest Debt-to-Equity Ratio of Jain Irrigation Systems was 2.38. The lowest was 0.73. And the median was 1.44.

BOM:500219's Debt-to-Equity is ranked worse than
71.35% of 185 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 0.41 vs BOM:500219: 0.73

Jain Irrigation Systems Debt-to-Equity Historical Data

The historical data trend for Jain Irrigation Systems'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.

Jain Irrigation Systems Debt-to-Equity Chart

Jain Irrigation Systems Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

Get a 7-Day Free Trial

1.10

1.90

2.34

1.84

0.77

Jain Irrigation Systems Quarterly Data
	Mar19	Jun19	Sep19	Dec19	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	0.77	N/A	0.73	N/A

Competitive Comparison of Jain Irrigation Systems's Debt-to-Equity

For the Farm & Heavy Construction Machinery subindustry, Jain Irrigation Systems'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.

Jain Irrigation Systems's Debt-to-Equity Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Jain Irrigation Systems's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Jain Irrigation Systems's Debt-to-Equity falls into.

Jain Irrigation Systems Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Jain Irrigation Systems'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
	=	(25220.12	+	14444.94)	/	51811.43
	=	0.77

Jain Irrigation Systems'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

Jain Irrigation Systems (BOM:500219) 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.

Jain Irrigation Systems Debt-to-Equity Related Terms

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

Jain Irrigation Systems (BOM:500219) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Jain Irrigation Systems Ltd (BOM:500219) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

JISLJALEQS:India JISLDVREQS:India 570004:India

Address

National Highway No. 6, Jain Plastic Park, P.O.Box 72, Bambhori, Jalgaon, MH, IND, 425001

Website

https://www.jains.com

Jain Irrigation Systems Ltd is engaged in diversified business. The company's operating segment includes Hi-tech Agri Input Product; Plastic; Agro-Processing; and Other Business Division. It generates maximum revenue from the Hi-tech Agri Input Product Division segment. The Hi-tech Agri Input Products segment includes Micro and Sprinkler Irrigation, Solar Agri Pump, Integrated Irrigation Projects, and Tissue Culture plants. The Plastic Division segment includes PVC piping products, PE piping products, Piping projects, and Plastic sheets. Geographically, it derives a majority of its revenue from India and also has a presence in Europe; North America, and the rest of the world.

Jain Irrigation Systems (BOM:500219) Headlines

No Headlines