Star Paper Mills (BOM:516022) Debt-to-Equity : 0.01 (As of Mar. 2024)

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What is Star Paper Mills Debt-to-Equity?

Star Paper Mills's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹7 Mil. Star Paper Mills's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹43 Mil. Star Paper Mills's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹6,473 Mil. Star Paper Mills'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 Star Paper Mills's Debt-to-Equity or its related term are showing as below:

BOM:516022' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0 Max: 0.29
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Star Paper Mills was 0.29. The lowest was 0.00. And the median was 0.00.

BOM:516022's Debt-to-Equity is ranked better than
99.62% of 264 companies
in the Forest Products industry
Industry Median: 0.475 vs BOM:516022: 0.01

Star Paper Mills Debt-to-Equity Historical Data

The historical data trend for Star Paper Mills'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.

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Star Paper Mills Debt-to-Equity Chart

Star Paper Mills Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.01

Star Paper Mills 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															-	N/A	0.01	N/A	0.01

Competitive Comparison of Star Paper Mills's Debt-to-Equity

For the Paper & Paper Products subindustry, Star Paper Mills'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.

Star Paper Mills's Debt-to-Equity Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Star Paper Mills's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Star Paper Mills's Debt-to-Equity falls into.

Star Paper Mills Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Star Paper Mills'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
	=	(6.75	+	43.301)	/	6472.768
	=	0.01

Star Paper Mills'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
	=	(6.75	+	43.301)	/	6472.768
	=	0.01

Star Paper Mills (BOM:516022) 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.

Star Paper Mills Debt-to-Equity Related Terms

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

Star Paper Mills (BOM:516022) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Star Paper Mills Ltd (BOM:516022) » Definitions » Debt-to-Equity

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STARPAPER:India

Address

31 Netaji Subhash Road, Duncan House, 2nd Floor, Kolkata, WB, IND, 700 001

Website

https://www.starpapers.com

Star Paper Mills Ltd is engaged in the business of paper manufacturing. The company's products are used in education, communication, information and knowledge dissemination, and packaging of commodities. It produces a wide range of Industrial Packaging and cultural paper catering to all segments of the consumer. It sells in the Indian markets. The firm sells products under the brand name Star.

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