Shri Venkatesh Refineries (BOM:543373) Debt-to-Equity : 1.56 (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Shri Venkatesh Refineries Debt-to-Equity?

Shri Venkatesh Refineries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹889 Mil. Shri Venkatesh Refineries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹352 Mil. Shri Venkatesh Refineries's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹796 Mil. Shri Venkatesh Refineries's debt to equity for the quarter that ended in Mar. 2024 was 1.56.

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 Shri Venkatesh Refineries's Debt-to-Equity or its related term are showing as below:

BOM:543373' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.17 Med: 1.45 Max: 2.12
Current: 1.56

During the past 6 years, the highest Debt-to-Equity Ratio of Shri Venkatesh Refineries was 2.12. The lowest was 1.17. And the median was 1.45.

BOM:543373's Debt-to-Equity is ranked worse than
88.86% of 1652 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs BOM:543373: 1.56

Shri Venkatesh Refineries Debt-to-Equity Historical Data

The historical data trend for Shri Venkatesh Refineries'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.

Shri Venkatesh Refineries Debt-to-Equity Chart

Shri Venkatesh Refineries Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

Get a 7-Day Free Trial

1.51

2.12

1.39

1.17

1.56

Shri Venkatesh Refineries Quarterly Data
	Mar19	Mar20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial											1.17	1.14	1.82	1.78	1.56

Competitive Comparison of Shri Venkatesh Refineries's Debt-to-Equity

For the Packaged Foods subindustry, Shri Venkatesh Refineries'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.

Shri Venkatesh Refineries's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Shri Venkatesh Refineries's Debt-to-Equity falls into.

Shri Venkatesh Refineries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shri Venkatesh Refineries'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
	=	(888.565	+	351.822)	/	796.227
	=	1.56

Shri Venkatesh Refineries'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
	=	(888.565	+	351.822)	/	796.227
	=	1.56

Shri Venkatesh Refineries (BOM:543373) 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.

Shri Venkatesh Refineries Debt-to-Equity Related Terms

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

Shri Venkatesh Refineries (BOM:543373) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Shri Venkatesh Refineries Ltd (BOM:543373) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Gat No.16, Umarde Village, At Post Erandol, Jalgaon, MH, IND, 425109

Website

http://www.richsoya.in

Shri Venkatesh Refineries Ltd is an edible oil refining company in Maharashtra under the brand name, Rich Soya. It primarily undertakes the refining and preservation of Edible oils. It is further engaged in the trading activities of soyabean oil, palm oil, cotton seed oil, and sunflower oil. Its reportable business segment is the Manufacturing and Trading of Refined Oil and Raw Oil.

Shri Venkatesh Refineries (BOM:543373) Headlines

No Headlines