GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Vijay Solvex Ltd (BOM:531069) » Definitions » Debt-to-Equity

Vijay Solvex (BOM:531069) Debt-to-Equity : 0.13 (As of Sep. 2024)


View and export this data going back to 1995. Start your Free Trial

What is Vijay Solvex Debt-to-Equity?

Vijay Solvex's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹428 Mil. Vijay Solvex's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹0 Mil. Vijay Solvex's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₹3,373 Mil. Vijay Solvex's debt to equity for the quarter that ended in Sep. 2024 was 0.13.

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 Vijay Solvex's Debt-to-Equity or its related term are showing as below:

BOM:531069' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03   Med: 0.54   Max: 0.85
Current: 0.13

During the past 13 years, the highest Debt-to-Equity Ratio of Vijay Solvex was 0.85. The lowest was 0.03. And the median was 0.54.

BOM:531069's Debt-to-Equity is ranked better than
74.7% of 1656 companies
in the Consumer Packaged Goods industry
Industry Median: 0.395 vs BOM:531069: 0.13

Vijay Solvex Debt-to-Equity Historical Data

The historical data trend for Vijay Solvex'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.

Vijay Solvex Debt-to-Equity Chart

Vijay Solvex 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 0.54 0.48 0.45 0.12 0.03

Vijay Solvex Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.20 N/A 0.03 N/A 0.13

Competitive Comparison of Vijay Solvex's Debt-to-Equity

For the Packaged Foods subindustry, Vijay Solvex'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.


Vijay Solvex's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Vijay Solvex's Debt-to-Equity distribution charts can be found below:

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



Vijay Solvex Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Vijay Solvex's Debt to Equity Ratio for the quarter that ended in Sep. 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.


Vijay Solvex  (BOM:531069) 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.


Vijay Solvex Debt-to-Equity Related Terms

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


Vijay Solvex Business Description

Traded in Other Exchanges
N/A
Address
Swami Dayanand Marg, Station Road, Bhagwati Sadan, Alwar, RJ, IND, 301001
Vijay Solvex Ltd engaged in manufacturing and distributing edible oil and vanaspati ghee. The company's operating segment includes Edible Oil; Ceramic and Wind Power. It generates maximum revenue from the Edible Oil segment which includes Vanaspati Ghee, Edible Oils, Oil Cake, De-oiled cake and others. Its Ceramics segments include Insulators. The wind Power segment includes electricity generation from Wind Power Generators. Geographically, it derives a majority of revenue from India.

Vijay Solvex Headlines

No Headlines