Naraingarh Sugar Mills (BOM:531457) Debt-to-Equity : N/A (As of Dec. 2023)

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What is Naraingarh Sugar Mills Debt-to-Equity?

Naraingarh Sugar Mills's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.0 Mil. Naraingarh Sugar Mills's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.0 Mil. Naraingarh Sugar Mills's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹0.0 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 Naraingarh Sugar Mills's Debt-to-Equity or its related term are showing as below:

BOM:531457' s Debt-to-Equity Range Over the Past 10 Years
Min: -8.02 Med: -4.93 Max: 5.53
Current: -4.36

During the past 5 years, the highest Debt-to-Equity Ratio of Naraingarh Sugar Mills was 5.53. The lowest was -8.02. And the median was -4.93.

BOM:531457's Debt-to-Equity is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 0.4 vs BOM:531457: -4.36

Naraingarh Sugar Mills Debt-to-Equity Historical Data

The historical data trend for Naraingarh Sugar Mills'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.

Naraingarh Sugar Mills Debt-to-Equity Chart

Naraingarh Sugar Mills Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Debt-to-Equity

6.04

5.53

-8.02

-5.50

-4.36

Naraingarh Sugar Mills Quarterly Data
	Mar17	Mar18	Mar19	Mar20	Dec22	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			-8.02	-5.50	-4.36	N/A	N/A

Competitive Comparison of Naraingarh Sugar Mills's Debt-to-Equity

For the Confectioners subindustry, Naraingarh Sugar Mills'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.

Naraingarh Sugar Mills's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Naraingarh Sugar Mills's Debt-to-Equity falls into.

Naraingarh Sugar Mills Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Naraingarh Sugar Mills's Debt to Equity Ratio for the fiscal year that ended in Mar. 2020 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
	=	(1050.107	+	1255.829)	/	-528.828
	=	-4.36

Naraingarh Sugar Mills'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

Naraingarh Sugar Mills (BOM:531457) 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.

Naraingarh Sugar Mills Debt-to-Equity Related Terms

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Naraingarh Sugar Mills (BOM:531457) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Naraingarh Sugar Mills Ltd (BOM:531457) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Village Banondi, P.O. Shahzadpur, Tehsil Naraingarh, Ambala, HR, IND, 133001

Website

http://www.naraingarhsugarmillsltd.com

Naraingarh Sugar Mills Ltd is engaged in the business of manufacturing white crystal sugar and by-products. It earns revenues from the sales of sugar, molasses, power, press mud, and bagasse.

Naraingarh Sugar Mills (BOM:531457) Headlines

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