Commercial Syn Bags (BOM:539986) Debt-to-Equity : N/A (As of Dec. 2024)

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What is Commercial Syn Bags Debt-to-Equity?

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

BOM:539986' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.43 Med: 0.85 Max: 1.09
Current: 0.92

During the past 13 years, the highest Debt-to-Equity Ratio of Commercial Syn Bags was 1.09. The lowest was 0.43. And the median was 0.85.

BOM:539986's Debt-to-Equity is ranked worse than
77.22% of 360 companies
in the Packaging & Containers industry
Industry Median: 0.43 vs BOM:539986: 0.92

Commercial Syn Bags Debt-to-Equity Historical Data

The historical data trend for Commercial Syn Bags'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.

Commercial Syn Bags Debt-to-Equity Chart

Commercial Syn Bags Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.76

1.09

0.79

0.63

0.84

Commercial Syn Bags Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															N/A	0.84	N/A	0.92	N/A

Competitive Comparison of Commercial Syn Bags's Debt-to-Equity

For the Packaging & Containers subindustry, Commercial Syn Bags'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.

Commercial Syn Bags's Debt-to-Equity Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Commercial Syn Bags's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Commercial Syn Bags's Debt-to-Equity falls into.

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Commercial Syn Bags Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Commercial Syn Bags'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
	=	(703.865	+	381.578)	/	1287.361
	=	0.84

Commercial Syn Bags's Debt to Equity Ratio for the quarter that ended in Dec. 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

Commercial Syn Bags (BOM:539986) 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.

Commercial Syn Bags Debt-to-Equity Related Terms

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

Commercial Syn Bags Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Commercial Syn Bags Ltd (BOM:539986) » Definitions » Debt-to-Equity

Comparable Companies

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COMSYN:India

Address

M.Y.H. Road, Commercial House, 3-4, Jaora Compound, Indore, MP, IND, 452001

Website

https://www.comsyn.com

Commercial Syn Bags Ltd is engaged in the business of manufacturing and sale of Flexible Intermediate Bulk Container (FIBC), High-Density Polyethylene (HDPE) and Polypropylene (PP) Woven Sacks, PP fabric, BOPP Bags, Container Bags, Pond Liners, Mulch Films, Tarpaulin, Bulk Bags, Technical Textiles, Flexible Packaging, and others. The company's operating segment includes Manufacturing and Trading. The company generates maximum revenue from the Manufacturing segment. Geographically, it derives a majority of its revenue from Outside India.

Commercial Syn Bags Headlines

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