Laxmi Organic Industries (BOM:543277) Debt-to-Equity : N/A (As of Dec. 2024)

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What is Laxmi Organic Industries Debt-to-Equity?

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

BOM:543277' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08 Med: 0.21 Max: 0.6
Current: 0.11

During the past 7 years, the highest Debt-to-Equity Ratio of Laxmi Organic Industries was 0.60. The lowest was 0.08. And the median was 0.21.

BOM:543277's Debt-to-Equity is ranked better than
76.31% of 1389 companies
in the Chemicals industry
Industry Median: 0.36 vs BOM:543277: 0.11

Laxmi Organic Industries Debt-to-Equity Historical Data

The historical data trend for Laxmi Organic Industries'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.

Laxmi Organic Industries Debt-to-Equity Chart

Laxmi Organic Industries Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.40

0.23

0.11

0.29

0.08

Laxmi Organic Industries 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	0.08	N/A	0.11	N/A

Competitive Comparison of Laxmi Organic Industries's Debt-to-Equity

For the Specialty Chemicals subindustry, Laxmi Organic Industries'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.

Laxmi Organic Industries's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Laxmi Organic Industries's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Laxmi Organic Industries's Debt-to-Equity falls into.

Laxmi Organic Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Laxmi Organic Industries'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
	=	(391.48	+	1036.36)	/	17976.21
	=	0.08

Laxmi Organic Industries'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

Laxmi Organic Industries (BOM:543277) 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.

Laxmi Organic Industries Debt-to-Equity Related Terms

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Laxmi Organic Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Laxmi Organic Industries Ltd (BOM:543277) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

LXCHEM:India

Address

Chandermukhi Building, 2nd and 3rd Floor, Nariman Point, Mumbai, MH, IND, 400021

Website

https://www.laxmi.com

Laxmi Organic Industries Ltd is a specialty chemical manufacturer. Its operating divisions are chemical business and power generation. The company is predominantly engaged in specialty chemical manufacturing focused on two key segments: Acetyl Intermediates and Speciality Intermediates derivative products. Geographically, the company generates a majority of its revenue from India.

Laxmi Organic Industries Headlines

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