Coral Newsprint (BOM:530755) Debt-to-Equity : N/A (As of Dec. 2023)

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What is Coral Newsprint Debt-to-Equity?

Coral Newsprint's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.00 Mil. Coral Newsprint's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.00 Mil. Coral Newsprint's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹0.00 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 Coral Newsprint's Debt-to-Equity or its related term are showing as below:

BOM:530755' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.27 Med: -0.41 Max: -0.29
Current: -0.29

During the past 8 years, the highest Debt-to-Equity Ratio of Coral Newsprint was -0.29. The lowest was -1.27. And the median was -0.41.

BOM:530755's Debt-to-Equity is not ranked
in the Forest Products industry.
Industry Median: 0.505 vs BOM:530755: -0.29

Coral Newsprint Debt-to-Equity Historical Data

The historical data trend for Coral Newsprint'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.

Coral Newsprint Debt-to-Equity Chart

Coral Newsprint Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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-0.80

-0.41

-0.30

-0.29

Coral Newsprint Quarterly Data
	Mar17	Mar18	Mar19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial													N/A	N/A	-0.29	N/A	N/A

Competitive Comparison of Coral Newsprint's Debt-to-Equity

For the Paper & Paper Products subindustry, Coral Newsprint'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.

Coral Newsprint's Debt-to-Equity Distribution in the Forest Products Industry

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

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

Coral Newsprint Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Coral Newsprint's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 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
	=	(18.652	+	3.155)	/	-74.972
	=	-0.29

Coral Newsprint's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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

Coral Newsprint (BOM:530755) 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.

Coral Newsprint Debt-to-Equity Related Terms

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Coral Newsprint (BOM:530755) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Coral Newsprint Ltd (BOM:530755) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

A-138, Vikas Marg, First Floor, Shakarpur, New Delhi, IND, 110092

Website

http://www.coralnewsprintslimited.com

Coral Newsprint Ltd operates as a paper manufacturing company in India. It is engaged in the manufacturing of newsprints, Cream Vove Paper, and Absorbent Kraft Papers of different grammages. The newsprint is used for the publication of newspapers and magazines while Absorbent Kraft is used for the manufacturing of Sunmica sheets.

Coral Newsprint (BOM:530755) Headlines

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