G M Polyplast (BOM:543239) Debt-to-Equity : 0.04 (As of Mar. 2024)

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What is G M Polyplast Debt-to-Equity?

G M Polyplast's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹3.8 Mil. G M Polyplast's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹8.1 Mil. G M Polyplast's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹317.6 Mil. G M Polyplast's debt to equity for the quarter that ended in Mar. 2024 was 0.04.

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 G M Polyplast's Debt-to-Equity or its related term are showing as below:

BOM:543239' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.12 Max: 1.03
Current: 0.04

During the past 7 years, the highest Debt-to-Equity Ratio of G M Polyplast was 1.03. The lowest was 0.04. And the median was 0.12.

BOM:543239's Debt-to-Equity is ranked better than
89.36% of 1391 companies
in the Chemicals industry
Industry Median: 0.36 vs BOM:543239: 0.04

G M Polyplast Debt-to-Equity Historical Data

The historical data trend for G M Polyplast'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.

G M Polyplast Debt-to-Equity Chart

G M Polyplast Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.33

0.12

0.04

0.08

0.04

G M Polyplast Semi-Annual Data
	Mar18	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial						0.04	0.22	0.08	0.15	0.04

Competitive Comparison of G M Polyplast's Debt-to-Equity

For the Specialty Chemicals subindustry, G M Polyplast'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.

G M Polyplast's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, G M Polyplast's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where G M Polyplast's Debt-to-Equity falls into.

G M Polyplast Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

G M Polyplast'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
	=	(3.782	+	8.098)	/	317.564
	=	0.04

G M Polyplast'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
	=	(3.782	+	8.098)	/	317.564
	=	0.04

G M Polyplast (BOM:543239) 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.

G M Polyplast Debt-to-Equity Related Terms

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G M Polyplast (BOM:543239) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » G M Polyplast Ltd (BOM:543239) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kondiviti Road, Near Camlin, A/66, New Empire Industial Estate, JB Nagar andheri (East), Mumbai, MH, IND, 400059

Website

https://www.gmpolyplast.com

G M Polyplast Ltd is a manufacturer of HIPS, ABS, PET, PP, HDPE Sheets, and Granules. The company's products include Sheet - ABS sheets, HIPS sheets, PET sheets, HDPE sheets, PP sheets, and ESD materials and Granule - PP granule, ABS granule, HIPS granule, & HDPE granules.

G M Polyplast (BOM:543239) Headlines

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