Sitara Chemicals Industries (KAR:SITC) Debt-to-Equity : 0.00 (As of . 20)

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What is Sitara Chemicals Industries Debt-to-Equity?

Sitara Chemicals Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was ₨0.00 Mil. Sitara Chemicals Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was ₨0.00 Mil. Sitara Chemicals Industries's Total Stockholders Equity for the quarter that ended in . 20 was ₨0.00 Mil.

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

KAR:SITC's Debt-to-Equity is not ranked ^*
in the Chemicals industry.
Industry Median: 0.36
* Ranked among companies with meaningful Debt-to-Equity only.

Sitara Chemicals Industries Debt-to-Equity Historical Data

The historical data trend for Sitara Chemicals 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.

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Sitara Chemicals Industries Debt-to-Equity Chart

Sitara Chemicals Industries Annual Data

Trend

Debt-to-Equity

Sitara Chemicals Industries Quarterly Data

Debt-to-Equity

Competitive Comparison of Sitara Chemicals Industries's Debt-to-Equity

For the Chemicals subindustry, Sitara Chemicals 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.

Sitara Chemicals Industries's Debt-to-Equity Distribution in the Chemicals Industry

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

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

Sitara Chemicals Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sitara Chemicals Industries's Debt to Equity Ratio for the fiscal year that ended in . 20 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
	=	(	+	)	/	N/A
	=	N/A

Sitara Chemicals Industries's Debt to Equity Ratio for the quarter that ended in . 20 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
	=	(	+	)	/
	=	N/A

Sitara Chemicals Industries (KAR:SITC) 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.

Sitara Chemicals Industries Debt-to-Equity Related Terms

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Sitara Chemicals Industries (KAR:SITC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sitara Chemicals Industries Ltd (KAR:SITC) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Mumtaz Hasan Road, 601-602 Business Centre, Karachi, SD, PAK, 74000

Website

https://www.sitara.com.pk

Sitara Chemicals Industries Ltd is engaged in the operation of the Chlor Alkali plant and yarn spinning unit. The firm is organized into two main divisions namely Chemical division and Textile division. Chemical division; manufactures & sells caustic soda & allied products such as ammonium chloride, bleaching powder & caustic soda flakes among others. Textile Division is into the manufacturing of yarn and trading of fabric.