Dhanuka Agritech (BOM:507717) Debt-to-Equity : 0.02 (As of Mar. 2024)

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What is Dhanuka Agritech Debt-to-Equity?

Dhanuka Agritech's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹45 Mil. Dhanuka Agritech's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹225 Mil. Dhanuka Agritech's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹12,559 Mil. Dhanuka Agritech's debt to equity for the quarter that ended in Mar. 2024 was 0.02.

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 Dhanuka Agritech's Debt-to-Equity or its related term are showing as below:

BOM:507717' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.03 Max: 0.06
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of Dhanuka Agritech was 0.06. The lowest was 0.01. And the median was 0.03.

BOM:507717's Debt-to-Equity is ranked better than
95.37% of 216 companies
in the Agriculture industry
Industry Median: 0.375 vs BOM:507717: 0.02

Dhanuka Agritech Debt-to-Equity Historical Data

The historical data trend for Dhanuka Agritech'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.

Dhanuka Agritech Debt-to-Equity Chart

Dhanuka Agritech Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.02

0.06

0.03

0.02

Dhanuka Agritech 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															0.03	N/A	0.03	N/A	0.02

Competitive Comparison of Dhanuka Agritech's Debt-to-Equity

For the Agricultural Inputs subindustry, Dhanuka Agritech'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.

Dhanuka Agritech's Debt-to-Equity Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Dhanuka Agritech's Debt-to-Equity distribution charts can be found below:

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

Dhanuka Agritech Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Dhanuka Agritech'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
	=	(45.213	+	224.572)	/	12558.658
	=	0.02

Dhanuka Agritech'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
	=	(45.213	+	224.572)	/	12558.658
	=	0.02

Dhanuka Agritech (BOM:507717) 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.

Dhanuka Agritech Debt-to-Equity Related Terms

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

Dhanuka Agritech (BOM:507717) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Dhanuka Agritech Ltd (BOM:507717) » Definitions » Debt-to-Equity

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DHANUKA:India

Address

MG Road, Global Gateway Towers, Near Guru Dronacharya Metro Station, Gurugram, HR, IND, 122002

Website

https://www.dhanuka.com

Dhanuka Agritech Ltd is involved in the manufacturing and marketing of plant protection agrochemicals. The product range consists of Insecticides, Herbicides, Fungicides, and Plant Growth Regulators in various forms - liquid, dust, powder, and granules. The firm generates a majority of its revenue from agrochemicals. The company has a strategic partnership with American, Japanese, and European companies. Its manufacturing facilities are located in Gurgaon (Haryana), Sanand (Gujarat), Udhampur (Jammu and Kashmir), and Keshwana (Rajasthan). Dhanuka's target customers are farmers.

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