Ganga Papers India (BOM:531813) Debt-to-Equity : N/A (As of Jun. 2024)

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What is Ganga Papers India Debt-to-Equity?

Ganga Papers India's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ₹0 Mil. Ganga Papers India's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ₹0 Mil. Ganga Papers India's Total Stockholders Equity for the quarter that ended in Jun. 2024 was ₹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 Ganga Papers India's Debt-to-Equity or its related term are showing as below:

BOM:531813' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.26 Med: 2.28 Max: 2.82
Current: 1.26

During the past 8 years, the highest Debt-to-Equity Ratio of Ganga Papers India was 2.82. The lowest was 1.26. And the median was 2.28.

BOM:531813's Debt-to-Equity is ranked worse than
82.95% of 264 companies
in the Forest Products industry
Industry Median: 0.46 vs BOM:531813: 1.26

Ganga Papers India Debt-to-Equity Historical Data

The historical data trend for Ganga Papers India'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.

Ganga Papers India Debt-to-Equity Chart

Ganga Papers India Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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2.51

1.84

1.60

1.57

1.26

Ganga Papers India Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Debt-to-Equity	Get a 7-Day Free Trial															N/A	N/A	N/A	1.26	N/A

Competitive Comparison of Ganga Papers India's Debt-to-Equity

For the Paper & Paper Products subindustry, Ganga Papers India'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.

Ganga Papers India's Debt-to-Equity Distribution in the Forest Products Industry

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

* The bar in red indicates where Ganga Papers India's Debt-to-Equity falls into.

Ganga Papers India Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ganga Papers India'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
	=	(366.006	+	1.798)	/	291.083
	=	1.26

Ganga Papers India's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(0	+	0)	/	0
	=	N/A

Ganga Papers India (BOM:531813) 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.

Ganga Papers India Debt-to-Equity Related Terms

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Ganga Papers India Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Ganga Papers India Ltd (BOM:531813) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

241, Village Bebedohal, Taluka Maval, Pune, MH, IND, 410506

Website

https://www.gangapapers.in

Ganga Papers India Ltd is an India-based company engaged in the manufacturing of paper and paper products. It offers a wide range of papers including Newsprint Papers, Writing papers, and Kraft papers. The products manufactured by the company are used for industrial, packaging, stationery, and textbooks purposes. It generates wealth out of waste by using recycled grades of waste paper as a prime source of raw material and making eco-friendly paper.

Ganga Papers India Headlines

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