Sukhjit Starch & Chemicals (BOM:524542) Debt-to-Equity : N/A (As of Jun. 2024)

View and export this data going back to 2001. Start your Free Trial

What is Sukhjit Starch & Chemicals Debt-to-Equity?

Sukhjit Starch & Chemicals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ₹0 Mil. Sukhjit Starch & Chemicals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ₹0 Mil. Sukhjit Starch & Chemicals's Total Stockholders Equity for the quarter that ended in Jun. 2024 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 Sukhjit Starch & Chemicals's Debt-to-Equity or its related term are showing as below:

BOM:524542' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.45 Med: 0.76 Max: 1.11
Current: 0.67

During the past 13 years, the highest Debt-to-Equity Ratio of Sukhjit Starch & Chemicals was 1.11. The lowest was 0.45. And the median was 0.76.

BOM:524542's Debt-to-Equity is ranked worse than
69.88% of 1401 companies
in the Chemicals industry
Industry Median: 0.36 vs BOM:524542: 0.67

Sukhjit Starch & Chemicals Debt-to-Equity Historical Data

The historical data trend for Sukhjit Starch & Chemicals'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.

Sukhjit Starch & Chemicals Debt-to-Equity Chart

Sukhjit Starch & Chemicals Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

Get a 7-Day Free Trial

1.11

0.94

0.70

0.71

0.67

Sukhjit Starch & Chemicals Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Debt-to-Equity	Get a 7-Day Free Trial															N/A	0.76	N/A	0.67	N/A

Competitive Comparison of Sukhjit Starch & Chemicals's Debt-to-Equity

For the Specialty Chemicals subindustry, Sukhjit Starch & Chemicals'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.

Sukhjit Starch & Chemicals's Debt-to-Equity Distribution in the Chemicals Industry

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

* The bar in red indicates where Sukhjit Starch & Chemicals's Debt-to-Equity falls into.

Sukhjit Starch & Chemicals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sukhjit Starch & Chemicals'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
	=	(2387.208	+	995.189)	/	5026.439
	=	0.67

Sukhjit Starch & Chemicals's Debt to Equity Ratio for the quarter that ended in Jun. 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	+	0)	/	0
	=	N/A

Sukhjit Starch & Chemicals (BOM:524542) 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.

Sukhjit Starch & Chemicals Debt-to-Equity Related Terms

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

Sukhjit Starch & Chemicals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sukhjit Starch & Chemicals Ltd (BOM:524542) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SUKHJITS:India

Address

Sarai Road, Kapurthala District, Phagwara, PB, IND, 144401

Website

https://www.sukhjitgroup.com

Sukhjit Starch & Chemicals Ltd is an India-based manufacturer of starch and its derivatives. The company's operation is divided into four segments namely Starch & its derivatives, Readymade garments, Leasing & hire purchase financing, and Manufacturing of heavy machinery. It derives key revenue from Starch and its derivatives business division. The company products include Maize Starch, Monohydrate Dextrose, Sorbitol 70%, Anhydrous Dextrose, Liquid Glucose, High Maltose Syrup, Malto Dextrin Powder, Modified Starch, Maize Gluten, Maize Germ, Maize Oil, and Maize Bran.

Sukhjit Starch & Chemicals Headlines

No Headlines