Prospect Consumer Products (BOM:543814) Debt-to-Equity : 0.15 (As of Sep. 2024)

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What is Prospect Consumer Products Debt-to-Equity?

Prospect Consumer Products's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹10.0 Mil. Prospect Consumer Products's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹24.2 Mil. Prospect Consumer Products's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₹229.1 Mil. Prospect Consumer Products's debt to equity for the quarter that ended in Sep. 2024 was 0.15.

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 Prospect Consumer Products's Debt-to-Equity or its related term are showing as below:

BOM:543814' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.15 Max: 0.24
Current: 0.15

During the past 3 years, the highest Debt-to-Equity Ratio of Prospect Consumer Products was 0.24. The lowest was 0.06. And the median was 0.15.

BOM:543814's Debt-to-Equity is ranked better than
72.34% of 1656 companies
in the Consumer Packaged Goods industry
Industry Median: 0.39 vs BOM:543814: 0.15

Prospect Consumer Products Debt-to-Equity Historical Data

The historical data trend for Prospect Consumer Products'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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Prospect Consumer Products Debt-to-Equity Chart

Prospect Consumer Products Annual Data

Trend

Mar22

Mar23

Mar24

Debt-to-Equity

0.06

0.12

0.22

Prospect Consumer Products Semi-Annual Data
	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial			N/A	0.12	0.24	0.22	0.15

Competitive Comparison of Prospect Consumer Products's Debt-to-Equity

For the Farm Products subindustry, Prospect Consumer Products'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.

Prospect Consumer Products's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Prospect Consumer Products's Debt-to-Equity falls into.

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Prospect Consumer Products Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Prospect Consumer Products'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
	=	(17.248	+	10.986)	/	126.134
	=	0.22

Prospect Consumer Products'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
	=	(9.97	+	24.173)	/	229.076
	=	0.15

Prospect Consumer Products (BOM:543814) 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.

Prospect Consumer Products Debt-to-Equity Related Terms

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Prospect Consumer Products Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Prospect Consumer Products Ltd (BOM:543814) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

417, Sun Orbit Behind Rajpath Club Road, Bodakdev, Ahmedabad, GJ, IND, 380054

Website

https://www.prospectcommodities.com

Prospect Consumer Products Ltd formerly Prospect Commodities Ltd is engaged in the cashew trading business. The company is processor, exporter and supplier of Natural Cashew Kernel and many types of Flavoured Cashew Kernel. The products of company include various grades of Cashews largely sold in Gujarat. These cashew grades are based on the size and color of the cashew nuts.

Prospect Consumer Products Headlines

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