Supreme Industries (BOM:509930) Debt-to-Equity : 0.01 (As of Mar. 2024)

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What is Supreme Industries Debt-to-Equity?

Supreme Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0 Mil. Supreme Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹421 Mil. Supreme Industries's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹51,088 Mil. Supreme Industries's debt to equity for the quarter that ended in Mar. 2024 was 0.01.

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 Supreme Industries's Debt-to-Equity or its related term are showing as below:

BOM:509930' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.1 Max: 0.46
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Supreme Industries was 0.46. The lowest was 0.01. And the median was 0.10.

BOM:509930's Debt-to-Equity is ranked better than
99.93% of 1519 companies
in the Construction industry
Industry Median: 0.44 vs BOM:509930: 0.01

Supreme Industries Debt-to-Equity Historical Data

The historical data trend for Supreme 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.

Supreme Industries Debt-to-Equity Chart

Supreme Industries Annual Data

Trend

Jun15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.20

0.01

Supreme Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															N/A	0.01	0.01	N/A	0.01

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

For the Building Products & Equipment subindustry, Supreme 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.

Supreme Industries's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Supreme Industries's Debt-to-Equity distribution charts can be found below:

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

Supreme Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Supreme Industries'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
	=	(0	+	421.3)	/	51088.3
	=	0.01

Supreme Industries'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
	=	(0	+	421.3)	/	51088.3
	=	0.01

Supreme Industries (BOM:509930) 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.

Supreme Industries Debt-to-Equity Related Terms

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Supreme Industries (BOM:509930) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Supreme Industries Ltd (BOM:509930) » Definitions » Debt-to-Equity

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SUPREMEIND:India

Address

167, Guru Hargovindji Marg, 1161 & 1162 Solitaire Corporate Park, Andheri Ghatkopar Link Road, Andheri (East), Mumbai, MH, IND, 400093

Website

https://www.supreme.co.in

Supreme Industries Ltd is an Indian plastic processor company. The company is engaged in the manufacturing of plastic products. The company operates in five segments namely Plastics piping systems, Consumer products, Industrial Products, Packaging Products and Other Products. The company has forayed into different types of plastic processing in Injection Moulding, Rotational Moulding (ROTO), Extrusion, Compression Moulding and Blow Moulding. The company mainly earns its revenue from the sale of plastic products.

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