Padmanabh Alloys & Polymers (BOM:531779) Debt-to-Equity : 0.53 (As of Sep. 2024)

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What is Padmanabh Alloys & Polymers Debt-to-Equity?

Padmanabh Alloys & Polymers's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹42.9 Mil. Padmanabh Alloys & Polymers's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹3.7 Mil. Padmanabh Alloys & Polymers's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₹88.0 Mil. Padmanabh Alloys & Polymers's debt to equity for the quarter that ended in Sep. 2024 was 0.53.

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 Padmanabh Alloys & Polymers's Debt-to-Equity or its related term are showing as below:

BOM:531779' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.3 Med: 0.44 Max: 0.53
Current: 0.53

During the past 8 years, the highest Debt-to-Equity Ratio of Padmanabh Alloys & Polymers was 0.53. The lowest was 0.30. And the median was 0.44.

BOM:531779's Debt-to-Equity is ranked worse than
62.52% of 1398 companies
in the Chemicals industry
Industry Median: 0.36 vs BOM:531779: 0.53

Padmanabh Alloys & Polymers Debt-to-Equity Historical Data

The historical data trend for Padmanabh Alloys & Polymers'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.

Padmanabh Alloys & Polymers Debt-to-Equity Chart

Padmanabh Alloys & Polymers Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.37

0.48

0.51

0.45

0.38

Padmanabh Alloys & Polymers Quarterly Data
	Mar19	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															0.36	N/A	0.38	N/A	0.53

Competitive Comparison of Padmanabh Alloys & Polymers's Debt-to-Equity

For the Specialty Chemicals subindustry, Padmanabh Alloys & Polymers'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.

Padmanabh Alloys & Polymers's Debt-to-Equity Distribution in the Chemicals Industry

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

* The bar in red indicates where Padmanabh Alloys & Polymers's Debt-to-Equity falls into.

Padmanabh Alloys & Polymers Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Padmanabh Alloys & Polymers'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
	=	(28.61	+	4.331)	/	87.056
	=	0.38

Padmanabh Alloys & Polymers's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(42.882	+	3.668)	/	87.979
	=	0.53

Padmanabh Alloys & Polymers (BOM:531779) 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.

Padmanabh Alloys & Polymers Debt-to-Equity Related Terms

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Padmanabh Alloys & Polymers Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Padmanabh Alloys & Polymers Ltd (BOM:531779) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

N.H.8, Village Palsana, Taluka Palsana, Surat, GJ, IND, 394315

Website

http://www.padmanabh.in

Padmanabh Alloys & Polymers Ltd manufactures and sells, filled and reinforced thermoplastic compounds and polymer masterbatches. The product portfolio of the company includes. mineral-filled thermoplastic, mineral masterbatches, synthetic paper masterbatches, glass-reinforced thermoplastic, and other specialty masterbatches. The company generates its revenue from local sales as well as merchant export sales.

Padmanabh Alloys & Polymers Headlines

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