Naturite Agro Products (BOM:538926) Debt-to-Equity : 0.24 (As of Mar. 2024)

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What is Naturite Agro Products Debt-to-Equity?

Naturite Agro Products's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹31.03 Mil. Naturite Agro Products's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0.00 Mil. Naturite Agro Products's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹131.61 Mil. Naturite Agro Products's debt to equity for the quarter that ended in Mar. 2024 was 0.24.

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 Naturite Agro Products's Debt-to-Equity or its related term are showing as below:

BOM:538926' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.13 Max: 0.65
Current: 0.24

During the past 11 years, the highest Debt-to-Equity Ratio of Naturite Agro Products was 0.65. The lowest was 0.01. And the median was 0.13.

BOM:538926's Debt-to-Equity is ranked better than
64.75% of 1651 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs BOM:538926: 0.24

Naturite Agro Products Debt-to-Equity Historical Data

The historical data trend for Naturite Agro Products'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.

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Naturite Agro Products Debt-to-Equity Chart

Naturite Agro Products Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.01

0.13

0.39

0.65

0.24

Naturite Agro Products 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															0.65	N/A	0.46	N/A	0.24

Competitive Comparison of Naturite Agro Products's Debt-to-Equity

For the Packaged Foods subindustry, Naturite Agro Products'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.

Naturite Agro Products's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Naturite Agro Products's Debt-to-Equity falls into.

Naturite Agro Products Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Naturite Agro Products'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
	=	(31.033	+	0)	/	131.614
	=	0.24

Naturite Agro Products'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
	=	(31.033	+	0)	/	131.614
	=	0.24

Naturite Agro Products (BOM:538926) 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.

Naturite Agro Products Debt-to-Equity Related Terms

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

Naturite Agro Products (BOM:538926) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Naturite Agro Products Ltd (BOM:538926) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

D. No. 3-4-508 (395), Street No. 10, Barkatpura, Hyderabad, TG, IND, 500027

Website

https://www.naturiteagroproducts.com

Naturite Agro Products Ltd engages in manufacturing, supplying, and exporting a wide range of Spice Oils, Oleoresin, Natural Food colors, and Herbal Products. The company's products include Capsicum Oleoresin, Pure Capsicum, Paprika Oleoresin, Turmeric Oleoresin, and Curcumin Powder.

Naturite Agro Products (BOM:538926) Headlines

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