HMA Agro Industries (BOM:543929) Debt-to-Equity : 0.69 (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is HMA Agro Industries Debt-to-Equity?

HMA Agro Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹4,626 Mil. HMA Agro Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹295 Mil. HMA Agro Industries's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹7,172 Mil. HMA Agro Industries's debt to equity for the quarter that ended in Mar. 2024 was 0.69.

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 HMA Agro Industries's Debt-to-Equity or its related term are showing as below:

BOM:543929' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.69 Med: 0.88 Max: 0.93
Current: 0.69

During the past 6 years, the highest Debt-to-Equity Ratio of HMA Agro Industries was 0.93. The lowest was 0.69. And the median was 0.88.

BOM:543929's Debt-to-Equity is ranked worse than
65.69% of 1644 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs BOM:543929: 0.69

HMA Agro Industries Debt-to-Equity Historical Data

The historical data trend for HMA Agro 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.

HMA Agro Industries Debt-to-Equity Chart

HMA Agro Industries Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

Get a 7-Day Free Trial

0.90

0.70

0.88

N/A

0.69

HMA Agro Industries Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial				0.88	N/A	N/A	0.51	0.69

Competitive Comparison of HMA Agro Industries's Debt-to-Equity

For the Packaged Foods subindustry, HMA Agro 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.

HMA Agro Industries's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

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

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

HMA Agro Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

HMA Agro 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
	=	(4625.58	+	294.89)	/	7171.64
	=	0.69

HMA Agro Industries'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
	=	(4625.58	+	294.89)	/	7171.64
	=	0.69

HMA Agro Industries (BOM:543929) 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.

HMA Agro Industries Debt-to-Equity Related Terms

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

HMA Agro Industries (BOM:543929) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » HMA Agro Industries Ltd (BOM:543929) » Definitions » Debt-to-Equity

Traded in Other Exchanges

HMAAGRO:India

Address

Fatehabad Road, 18-A/5/3 Tajview Crossing, Agra, UP, IND, 282001

Website

https://www.hmagroup.co

HMA Agro Industries Ltd is engaged in the business of manufacturing and exporting Buffalo Frozen Meat and Meat Products. Its core products are frozen fresh deglanded Buffalo Meat.

HMA Agro Industries (BOM:543929) Headlines

No Headlines