Sah Polymers (BOM:543743) Debt-to-Equity : 0.35 (As of Mar. 2024)

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What is Sah Polymers Debt-to-Equity?

Sah Polymers's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹235 Mil. Sah Polymers's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹71 Mil. Sah Polymers's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹871 Mil. Sah Polymers's debt to equity for the quarter that ended in Mar. 2024 was 0.35.

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 Sah Polymers's Debt-to-Equity or its related term are showing as below:

BOM:543743' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.29 Med: 0.55 Max: 1.27
Current: 0.35

During the past 5 years, the highest Debt-to-Equity Ratio of Sah Polymers was 1.27. The lowest was 0.29. And the median was 0.55.

BOM:543743's Debt-to-Equity is ranked better than
55.91% of 347 companies
in the Packaging & Containers industry
Industry Median: 0.44 vs BOM:543743: 0.35

Sah Polymers Debt-to-Equity Historical Data

The historical data trend for Sah Polymers'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.

Sah Polymers Debt-to-Equity Chart

Sah Polymers Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

0.55

0.69

1.27

0.29

0.35

Sah Polymers Quarterly Data
	Mar20	Mar21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial						0.29	N/A	0.39	N/A	0.35

Competitive Comparison of Sah Polymers's Debt-to-Equity

For the Packaging & Containers subindustry, Sah Polymers'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.

Sah Polymers's Debt-to-Equity Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Sah Polymers's Debt-to-Equity distribution charts can be found below:

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

Sah Polymers Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sah Polymers'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
	=	(234.619	+	71.3)	/	870.667
	=	0.35

Sah Polymers'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
	=	(234.619	+	71.3)	/	870.667
	=	0.35

Sah Polymers (BOM:543743) 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.

Sah Polymers Debt-to-Equity Related Terms

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

Sah Polymers (BOM:543743) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Sah Polymers Ltd (BOM:543743) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SAH:India

Address

E-260-261 Mewar Industrial Area, Opp UCCI, Madri, Udaipur, RJ, IND, 313003

Website

https://www.sahpolymers.com

Sah Polymers Ltd is engaged in manufacturing and selling Polypropylene (PP)/High-Density Polyethylene (HDPE) FIBC Bags, Woven Sacks, HDPE/LLDPE/PP woven fabrics, and woven polymers. It offers customized bulk packaging solutions to business-to-business manufacturers catering to different industries such as agro pesticides industry, basic drug industry, cement industry, cattle feed industry, chemical industry, metal industry, food products industry, textile industry, fertilizer industry, tyre Industry, and many more.

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