Vasudhagama Enterprises (BOM:539291) Debt-to-Equity : 0.03 (As of Mar. 2024)

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What is Vasudhagama Enterprises Debt-to-Equity?

Vasudhagama Enterprises's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹12.2 Mil. Vasudhagama Enterprises's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0.0 Mil. Vasudhagama Enterprises's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹422.2 Mil. Vasudhagama Enterprises's debt to equity for the quarter that ended in Mar. 2024 was 0.03.

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 Vasudhagama Enterprises's Debt-to-Equity or its related term are showing as below:

BOM:539291' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.03 Max: 0.43
Current: 0.03

During the past 10 years, the highest Debt-to-Equity Ratio of Vasudhagama Enterprises was 0.43. The lowest was 0.02. And the median was 0.03.

BOM:539291's Debt-to-Equity is ranked better than
94.93% of 276 companies
in the Retail - Defensive industry
Industry Median: 0.585 vs BOM:539291: 0.03

Vasudhagama Enterprises Debt-to-Equity Historical Data

The historical data trend for Vasudhagama Enterprises'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.

Vasudhagama Enterprises Debt-to-Equity Chart

Vasudhagama Enterprises Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

Get a 7-Day Free Trial

0.02

0.03

Vasudhagama Enterprises 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															0.03	N/A	0.01	N/A	0.03

Competitive Comparison of Vasudhagama Enterprises's Debt-to-Equity

For the Food Distribution subindustry, Vasudhagama Enterprises'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.

Vasudhagama Enterprises's Debt-to-Equity Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Vasudhagama Enterprises's Debt-to-Equity distribution charts can be found below:

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

Vasudhagama Enterprises Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Vasudhagama Enterprises'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
	=	(12.158	+	0)	/	422.196
	=	0.03

Vasudhagama Enterprises'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
	=	(12.158	+	0)	/	422.196
	=	0.03

Vasudhagama Enterprises (BOM:539291) 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.

Vasudhagama Enterprises Debt-to-Equity Related Terms

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Vasudhagama Enterprises (BOM:539291) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Vasudhagama Enterprises Ltd (BOM:539291) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

G-04, Newyork Corner, S. G. Highway, Bodakdev, Building, Behind Kiran Motors, Ahmedabad, GJ, IND, 380054

Website

http://www.ozoneworld.in

Vasudhagama Enterprises Ltd formerly Ozone World Ltd is engaged in the wholesale trading of agricultural raw materials. Also, it is involved in the real estate business through investment in the partnership firm. The Company is engaged in the business of trading of commodities / goods and in real estate business. The company has carried out the trading activity of cumin seeds, and other commodities like psyllium, cotton, spices, and oilseeds.

Vasudhagama Enterprises (BOM:539291) Headlines

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