Deepak Chemtex (BOM:544036) Debt-to-Equity : 0.05 (As of Sep. 2024)

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What is Deepak Chemtex Debt-to-Equity?

Deepak Chemtex's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹15.8 Mil. Deepak Chemtex's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹9.3 Mil. Deepak Chemtex's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₹477.1 Mil. Deepak Chemtex's debt to equity for the quarter that ended in Sep. 2024 was 0.05.

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 Deepak Chemtex's Debt-to-Equity or its related term are showing as below:

BOM:544036' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.08 Max: 0.31
Current: 0.05

During the past 4 years, the highest Debt-to-Equity Ratio of Deepak Chemtex was 0.31. The lowest was 0.04. And the median was 0.08.

BOM:544036's Debt-to-Equity is ranked better than
86.29% of 1393 companies
in the Chemicals industry
Industry Median: 0.36 vs BOM:544036: 0.05

Deepak Chemtex Debt-to-Equity Historical Data

The historical data trend for Deepak Chemtex'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.

Deepak Chemtex Debt-to-Equity Chart

Deepak Chemtex Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

0.31

0.21

0.09

0.04

Deepak Chemtex Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Mar24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial			0.21	0.09	0.06	0.04	0.05

Competitive Comparison of Deepak Chemtex's Debt-to-Equity

For the Specialty Chemicals subindustry, Deepak Chemtex'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.

Deepak Chemtex's Debt-to-Equity Distribution in the Chemicals Industry

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

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

Deepak Chemtex Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Deepak Chemtex'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
	=	(15.451	+	0)	/	419.531
	=	0.04

Deepak Chemtex'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
	=	(15.837	+	9.252)	/	477.147
	=	0.05

Deepak Chemtex (BOM:544036) 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.

Deepak Chemtex Debt-to-Equity Related Terms

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Deepak Chemtex Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Deepak Chemtex Ltd (BOM:544036) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8/7, Avenue Road, Nungambakkam, Chennai, TN, IND, 600034

Website

https://www.deepakchemtex.in

Deepak Chemtex Ltd is engaged in manufacturing colorants finding applications in Food, Drug, Cosmetics, Cleaning compounds, Agriculture, and other industries. Colorants are formulations of chemical intermediates, pigments, or dyes and additives used to add color to various consumables. It also manufactures salt-free dyes used in the inkjet industry, pond dyes used in ponds, lakes, swimming pools, etc, and other colorants used in car wash products, portable sanitation cleaners, detergent & soap, fuel, oil & lubricants, smoke, seed treatment, crop protection, fertilizer indicators, floral dyes, etc.

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