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Megastar Foods (BOM:541352) Debt-to-Equity : 0.62 (As of Mar. 2024)


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What is Megastar Foods Debt-to-Equity?

Megastar Foods's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹182 Mil. Megastar Foods's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹386 Mil. Megastar Foods's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹921 Mil. Megastar Foods's debt to equity for the quarter that ended in Mar. 2024 was 0.62.

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 Megastar Foods's Debt-to-Equity or its related term are showing as below:

BOM:541352' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.62   Med: 1.62   Max: 3.69
Current: 0.62

During the past 12 years, the highest Debt-to-Equity Ratio of Megastar Foods was 3.69. The lowest was 0.62. And the median was 1.62.

BOM:541352's Debt-to-Equity is ranked worse than
62.89% of 1652 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs BOM:541352: 0.62

Megastar Foods Debt-to-Equity Historical Data

The historical data trend for Megastar Foods'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.

Megastar Foods Debt-to-Equity Chart

Megastar Foods Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.84 1.67 0.96 1.26 0.62

Megastar Foods Quarterly Data
Dec17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.26 N/A 1.62 N/A 0.62

Competitive Comparison of Megastar Foods's Debt-to-Equity

For the Packaged Foods subindustry, Megastar Foods'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.


Megastar Foods's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

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

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



Megastar Foods Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Megastar Foods's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Megastar Foods's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* 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.


Megastar Foods  (BOM:541352) 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.


Megastar Foods Debt-to-Equity Related Terms

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Megastar Foods (BOM:541352) Business Description

Traded in Other Exchanges
Address
Plot Number 807, Industrial Area, Phase II, Chandigarh, PB, IND, 160002
Megastar Foods Ltd is engaged in the manufacturing of food products such as wheat flour, organic wheat flour products, and allied flour products. The company produces food products related to wheat such as Atta-wheat flour products, Maida-Fine wheat flour products, Suji/Rawa-Semolina, Chokar/Wheat Bran, Organic Atta, Organic whole Wheat flour and Organic wheat flour, and others.

Megastar Foods (BOM:541352) Headlines

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