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Raj Oil Mills (LUX:189979) Debt-to-Equity : -5.98 (As of Mar. 2024)


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What is Raj Oil Mills Debt-to-Equity?

Raj Oil Mills's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $3.55 Mil. Raj Oil Mills's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.18 Mil. Raj Oil Mills's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $-0.62 Mil. Raj Oil Mills's debt to equity for the quarter that ended in Mar. 2024 was -5.98.

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 Raj Oil Mills's Debt-to-Equity or its related term are showing as below:

LUX:189979' s Debt-to-Equity Range Over the Past 10 Years
Min: -5.98   Med: -2.89   Max: -1.51
Current: -5.98

During the past 13 years, the highest Debt-to-Equity Ratio of Raj Oil Mills was -1.51. The lowest was -5.98. And the median was -2.89.

LUX:189979's Debt-to-Equity is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 0.4 vs LUX:189979: -5.98

Raj Oil Mills Debt-to-Equity Historical Data

The historical data trend for Raj Oil Mills'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.

Raj Oil Mills Debt-to-Equity Chart

Raj Oil Mills Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.08 -2.46 -3.02 -4.28 -5.98

Raj Oil Mills Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.28 N/A -5.15 N/A -5.98

Competitive Comparison of Raj Oil Mills's Debt-to-Equity

For the Packaged Foods subindustry, Raj Oil Mills'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.


Raj Oil Mills's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Raj Oil Mills's Debt-to-Equity falls into.



Raj Oil Mills Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Raj Oil Mills's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Raj Oil Mills's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* 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.


Raj Oil Mills  (LUX:189979) 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.


Raj Oil Mills Debt-to-Equity Related Terms

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Raj Oil Mills (LUX:189979) Business Description

Traded in Other Exchanges
Address
214, Free Press Journal Marg, 205, Raheja Centre, Nariman Point, Mumbai, MH, IND, 400 021
Raj Oil Mills Ltd is engaged in the business of manufacturing and trading edible oils. The company offers brands including Cocoraj Coconut Oil, Tilraj Til Oil, Guinea Lite Refined Soyabean Oil and many more. The operating business segment of the company is Edible Oil and Cakes.

Raj Oil Mills (LUX:189979) Headlines

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