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Chembond Chemicals (BOM:530871) Debt-to-Equity : 0.02 (As of Mar. 2024)


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What is Chembond Chemicals Debt-to-Equity?

Chembond Chemicals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹67 Mil. Chembond Chemicals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹10 Mil. Chembond Chemicals's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹3,615 Mil. Chembond Chemicals's debt to equity for the quarter that ended in Mar. 2024 was 0.02.

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 Chembond Chemicals's Debt-to-Equity or its related term are showing as below:

BOM:530871' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.02   Max: 0.23
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of Chembond Chemicals was 0.23. The lowest was 0.01. And the median was 0.02.

BOM:530871's Debt-to-Equity is ranked better than
96.19% of 1391 companies
in the Chemicals industry
Industry Median: 0.35 vs BOM:530871: 0.02

Chembond Chemicals Debt-to-Equity Historical Data

The historical data trend for Chembond 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.

Chembond Chemicals Debt-to-Equity Chart

Chembond Chemicals Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.01 0.01 0.02 0.02

Chembond Chemicals 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 N/A 0.03 N/A 0.02

Competitive Comparison of Chembond Chemicals's Debt-to-Equity

For the Specialty Chemicals subindustry, Chembond 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.


Chembond Chemicals's Debt-to-Equity Distribution in the Chemicals Industry

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

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



Chembond Chemicals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Chembond Chemicals's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Chembond Chemicals's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* 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.


Chembond Chemicals  (BOM:530871) 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.


Chembond Chemicals Debt-to-Equity Related Terms

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Chembond Chemicals (BOM:530871) Business Description

Traded in Other Exchanges
Address
EL-71, Chembond Centre, MIDC, Mahape, Navi Mumbai, MH, IND, 400 710
Chembond Chemicals Ltd is a company involved in the specialty chemicals business sector. The company produces Water treatment chemicals, Polymers, Construction chemicals, High-performance coatings, Animal health, and industrial biotech products. The company has a single segment, Speciality chemicals.

Chembond Chemicals (BOM:530871) Headlines

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