Chemcon Speciality Chemicals (NSE:CHEMCON) Debt-to-Equity : 0.09 (As of Mar. 2024)

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What is Chemcon Speciality Chemicals Debt-to-Equity?

Chemcon Speciality Chemicals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹423 Mil. Chemcon Speciality Chemicals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹4 Mil. Chemcon Speciality Chemicals's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹4,764 Mil. Chemcon Speciality Chemicals's debt to equity for the quarter that ended in Mar. 2024 was 0.09.

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

NSE:CHEMCON' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.14 Max: 0.34
Current: 0.09

During the past 7 years, the highest Debt-to-Equity Ratio of Chemcon Speciality Chemicals was 0.34. The lowest was 0.02. And the median was 0.14.

NSE:CHEMCON's Debt-to-Equity is ranked better than
79.08% of 1391 companies
in the Chemicals industry
Industry Median: 0.35 vs NSE:CHEMCON: 0.09

Chemcon Speciality Chemicals Debt-to-Equity Historical Data

The historical data trend for Chemcon Speciality Chemicals'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.

Chemcon Speciality Chemicals Debt-to-Equity Chart

Chemcon Speciality Chemicals Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.31

0.02

0.09

0.14

0.09

Chemcon Speciality Chemicals Quarterly Data
	Mar18	Mar19	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															0.14	N/A	0.08	N/A	0.09

Competitive Comparison of Chemcon Speciality Chemicals's Debt-to-Equity

For the Specialty Chemicals subindustry, Chemcon Speciality Chemicals'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.

Chemcon Speciality Chemicals's Debt-to-Equity Distribution in the Chemicals Industry

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

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

Chemcon Speciality Chemicals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Chemcon Speciality Chemicals'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
	=	(423.281	+	4.114)	/	4764.085
	=	0.09

Chemcon Speciality Chemicals'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
	=	(423.281	+	4.114)	/	4764.085
	=	0.09

Chemcon Speciality Chemicals (NSE:CHEMCON) 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.

Chemcon Speciality Chemicals Debt-to-Equity Related Terms

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

Chemcon Speciality Chemicals (NSE:CHEMCON) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Chemcon Speciality Chemicals Ltd (NSE:CHEMCON) » Definitions » Debt-to-Equity

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543233:India

Address

Akshar Chowk, Old Padra Road, 9th Floor, Onyx Business Center, Vadodara, GJ, IND, 390020

Website

https://www.cscpl.com

Chemcon Speciality Chemicals Ltd is a manufacturer of specialized chemicals, such as Hexamethyldisilazane and Chloromethyl Isopropyl Carbonate which are predominantly used in the pharmaceuticals industry and inorganic bromides, namely Calcium Bromide, Zinc Bromide and Sodium Bromide, which are predominantly used as completion fluids in the oilfields industry. The company's products includes Oilfield Chemicals; Pharmaceutical Chemicals; Silanes; and Contract Manufacturing. It has a business presence in India and Outside India.

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