Freshtrop Fruits (BOM:530077) Debt-to-Equity : 0.04 (As of Mar. 2024)

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What is Freshtrop Fruits Debt-to-Equity?

Freshtrop Fruits's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹55 Mil. Freshtrop Fruits's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0 Mil. Freshtrop Fruits's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹1,419 Mil. Freshtrop Fruits's debt to equity for the quarter that ended in Mar. 2024 was 0.04.

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 Freshtrop Fruits's Debt-to-Equity or its related term are showing as below:

BOM:530077' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.47 Max: 0.67
Current: 0.04

During the past 13 years, the highest Debt-to-Equity Ratio of Freshtrop Fruits was 0.67. The lowest was 0.04. And the median was 0.47.

BOM:530077's Debt-to-Equity is ranked better than
93.19% of 279 companies
in the Retail - Defensive industry
Industry Median: 0.64 vs BOM:530077: 0.04

Freshtrop Fruits Debt-to-Equity Historical Data

The historical data trend for Freshtrop Fruits'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.

Freshtrop Fruits Debt-to-Equity Chart

Freshtrop Fruits Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.46

0.40

0.29

0.26

0.04

Freshtrop Fruits 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															0.26	N/A	0.10	N/A	0.04

Competitive Comparison of Freshtrop Fruits's Debt-to-Equity

For the Food Distribution subindustry, Freshtrop Fruits'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.

Freshtrop Fruits's Debt-to-Equity Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Freshtrop Fruits's Debt-to-Equity distribution charts can be found below:

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

Freshtrop Fruits Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Freshtrop Fruits'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
	=	(55.185	+	0.049)	/	1419.362
	=	0.04

Freshtrop Fruits'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
	=	(55.185	+	0.049)	/	1419.362
	=	0.04

Freshtrop Fruits (BOM:530077) 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.

Freshtrop Fruits Debt-to-Equity Related Terms

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

Freshtrop Fruits (BOM:530077) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Freshtrop Fruits Ltd (BOM:530077) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

S. G. Road, A-603, Shapath IV, Opposite Karnavati Club, Ahmedabad, GJ, IND, 380015

Website

https://www.freshtrop.com

Freshtrop Fruits Ltd is an India-based company engaged in the export of fresh fruits and processed fruits and vegetables with its business base in India. The company operates in two segments, Fresh Fruits and Processed fruits and vegetables. The Fresh Fruits segment, which is the key revenue driver, supplies fresh grapes, pomegranates, and mangoes. The Processed fruits and vegetables segment supplies mango pulp, guava pulp, pomegranate concentrate, tomato paste, and puree and cold processed juice. Geographically, it has operations in India as well as outside India; of which the majority of revenue is derived from customers outside India.

Freshtrop Fruits (BOM:530077) Headlines

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