Punjab Chemicals & Crop Protection (BOM:506618) Debt-to-Equity : 0.37 (As of Mar. 2024)

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What is Punjab Chemicals & Crop Protection Debt-to-Equity?

Punjab Chemicals & Crop Protection's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹701 Mil. Punjab Chemicals & Crop Protection's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹527 Mil. Punjab Chemicals & Crop Protection's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹3,302 Mil. Punjab Chemicals & Crop Protection's debt to equity for the quarter that ended in Mar. 2024 was 0.37.

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 Punjab Chemicals & Crop Protection's Debt-to-Equity or its related term are showing as below:

BOM:506618' s Debt-to-Equity Range Over the Past 10 Years
Min: -7.12 Med: 0.81 Max: 2.59
Current: 0.37

During the past 13 years, the highest Debt-to-Equity Ratio of Punjab Chemicals & Crop Protection was 2.59. The lowest was -7.12. And the median was 0.81.

BOM:506618's Debt-to-Equity is ranked worse than
51.51% of 1394 companies
in the Chemicals industry
Industry Median: 0.355 vs BOM:506618: 0.37

Punjab Chemicals & Crop Protection Debt-to-Equity Historical Data

The historical data trend for Punjab Chemicals & Crop Protection'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.

Punjab Chemicals & Crop Protection Debt-to-Equity Chart

Punjab Chemicals & Crop Protection Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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1.02

0.61

0.41

0.34

0.37

Punjab Chemicals & Crop Protection 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															0.34	N/A	0.32	N/A	0.37

Competitive Comparison of Punjab Chemicals & Crop Protection's Debt-to-Equity

For the Chemicals subindustry, Punjab Chemicals & Crop Protection'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.

Punjab Chemicals & Crop Protection's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Punjab Chemicals & Crop Protection's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Punjab Chemicals & Crop Protection's Debt-to-Equity falls into.

Punjab Chemicals & Crop Protection Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Punjab Chemicals & Crop Protection'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
	=	(701.2	+	527.1)	/	3301.6
	=	0.37

Punjab Chemicals & Crop Protection'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
	=	(701.2	+	527.1)	/	3301.6
	=	0.37

Punjab Chemicals & Crop Protection (BOM:506618) 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.

Punjab Chemicals & Crop Protection Debt-to-Equity Related Terms

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Punjab Chemicals & Crop Protection (BOM:506618) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Punjab Chemicals & Crop Protection Ltd (BOM:506618) » Definitions » Debt-to-Equity

Traded in Other Exchanges

PUNJABCHEM:India

Address

New Link Road, Plot Number 645-646, Oberoi Chambers II, 5th Floor, Andheri (West), Mumbai, MH, IND, 400 053

Website

https://www.punjabchemicals.com

Punjab Chemicals & Crop Protection Ltd is involved in the chemical business. It provides technical and bulk agrochemicals, such as herbicides, insecticides, and fungicides; and pharmaceutical products, including APIs, intermediates, anti-oxidants, and fine chemicals, as well as intermediates for APIs; and industrial chemicals comprising phosphorus derivatives, oxalates, and intermediates. Geographically, the group has a business presence in India, Europe, Japan, and other countries, of which key revenue is derived from India. The firm operates in a single segment namely Performance Chemicals.

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