Diksha Greens (BOM:542155) Debt-to-Equity : -0.81 (As of Sep. 2024)

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What is Diksha Greens Debt-to-Equity?

Diksha Greens's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹244.88 Mil. Diksha Greens's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹0.00 Mil. Diksha Greens's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₹-301.52 Mil. Diksha Greens's debt to equity for the quarter that ended in Sep. 2024 was -0.81.

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 Diksha Greens's Debt-to-Equity or its related term are showing as below:

BOM:542155' s Debt-to-Equity Range Over the Past 10 Years
Min: -6.99 Med: 0.35 Max: 1.59
Current: -0.81

During the past 11 years, the highest Debt-to-Equity Ratio of Diksha Greens was 1.59. The lowest was -6.99. And the median was 0.35.

BOM:542155's Debt-to-Equity is not ranked
in the Forest Products industry.
Industry Median: 0.51 vs BOM:542155: -0.81

Diksha Greens Debt-to-Equity Historical Data

The historical data trend for Diksha Greens'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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Diksha Greens Debt-to-Equity Chart

Diksha Greens Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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1.28

-6.99

-1.08

-0.95

-0.85

Diksha Greens Semi-Annual Data
	Mar14	Mar15	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial													-1.01	-0.95	-0.90	-0.85	-0.81

Competitive Comparison of Diksha Greens's Debt-to-Equity

For the Lumber & Wood Production subindustry, Diksha Greens'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.

Diksha Greens's Debt-to-Equity Distribution in the Forest Products Industry

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

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

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Diksha Greens Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Diksha Greens'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
	=	(244.883	+	0)	/	-286.718
	=	-0.85

Diksha Greens's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(244.883	+	0)	/	-301.519
	=	-0.81

Diksha Greens (BOM:542155) 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.

Diksha Greens Debt-to-Equity Related Terms

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Diksha Greens Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Diksha Greens Ltd (BOM:542155) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

11, Sambhu Chaterjee Street, 2nd Floor, Suit No. 07, Jorasanko, Kolkata, WB, IND, 700007

Website

https://www.dikshagreens.co.in

Diksha Greens Ltd is an Indian company engaged in trading of timber, wooden logs, sawn timber as well as the manufacturing of veneer sheets. The company imports wooden logs and timber from countries such as Malaysia, Vietnam, and Burma in Asia, Nigeria, Ghana and Ivory Coast in Africa, Ecuador, Salvador, and Costa Rica in America, Solomon Island, and Papua and Guinea. Its business divisions are Trading in wooden logs and timber; Operation of saw mill; Multi-commodity cold storage; and Manufacturing of veneer sheets.

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