JK Paper (BOM:532162) Debt-to-Equity : 0.44 (As of Mar. 2024)

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What is JK Paper Debt-to-Equity?

JK Paper's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹5,089 Mil. JK Paper's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹16,953 Mil. JK Paper's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹50,695 Mil. JK Paper's debt to equity for the quarter that ended in Mar. 2024 was 0.43.

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 JK Paper's Debt-to-Equity or its related term are showing as below:

BOM:532162' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.44 Med: 0.92 Max: 2.05
Current: 0.44

During the past 13 years, the highest Debt-to-Equity Ratio of JK Paper was 2.05. The lowest was 0.44. And the median was 0.92.

BOM:532162's Debt-to-Equity is ranked better than
52.83% of 265 companies
in the Forest Products industry
Industry Median: 0.49 vs BOM:532162: 0.44

JK Paper Debt-to-Equity Historical Data

The historical data trend for JK Paper'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.

JK Paper Debt-to-Equity Chart

JK Paper Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.75

1.11

1.05

0.70

0.44

JK Paper 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															0.70	N/A	0.54	N/A	0.44

Competitive Comparison of JK Paper's Debt-to-Equity

For the Paper & Paper Products subindustry, JK Paper'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.

JK Paper's Debt-to-Equity Distribution in the Forest Products Industry

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

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

JK Paper Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

JK Paper'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
	=	(5089.4	+	16952.6)	/	50695
	=	0.43

JK Paper's Debt to Equity Ratio for the quarter 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
	=	(5089.4	+	16952.6)	/	50695
	=	0.43

JK Paper (BOM:532162) 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.

JK Paper Debt-to-Equity Related Terms

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

JK Paper (BOM:532162) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » JK Paper Ltd (BOM:532162) » Definitions » Debt-to-Equity

Traded in Other Exchanges

JKPAPER:India

Address

4 Bahadur Shah Zafar Marg, Nehru House, 3rd Floor, New Delhi, IND, 110 002

Website

https://www.jkpaper.com

JK Paper Ltd is a paper manufacturing company. Its products are paper and paper board. The company offers various categories of paper products including official documentation such as photocopy and multi-purpose papers for use in desktops, photocopiers, and multifunctional devices; uncoated writing and printing paper; coated paper and board; and packaging board to service the varied needs of the packaging industry. It markets the products through the distribution network of distributors, depots, regional marketing offices, and other dealers. The product brands of the company include JK Cedar, JK Copier, JK Easy Copier, and Others. The majority of the company's revenue comes from India.

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