Crop Life Science (NSE:CLSL) Debt-to-Equity : 0.59 (As of Sep. 2024)

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What is Crop Life Science Debt-to-Equity?

Crop Life Science's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹376 Mil. Crop Life Science's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹65 Mil. Crop Life Science's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₹749 Mil. Crop Life Science's debt to equity for the quarter that ended in Sep. 2024 was 0.59.

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 Crop Life Science's Debt-to-Equity or its related term are showing as below:

NSE:CLSL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.33 Med: 0.55 Max: 0.67
Current: 0.59

During the past 5 years, the highest Debt-to-Equity Ratio of Crop Life Science was 0.67. The lowest was 0.33. And the median was 0.55.

NSE:CLSL's Debt-to-Equity is ranked worse than
65.38% of 234 companies
in the Agriculture industry
Industry Median: 0.385 vs NSE:CLSL: 0.59

Crop Life Science Debt-to-Equity Historical Data

The historical data trend for Crop Life Science'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.

Crop Life Science Debt-to-Equity Chart

Crop Life Science Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

0.54

0.55

0.60

0.67

0.49

Crop Life Science Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial			N/A	0.67	0.33	0.49	0.59

Competitive Comparison of Crop Life Science's Debt-to-Equity

For the Agricultural Inputs subindustry, Crop Life Science'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.

Crop Life Science's Debt-to-Equity Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Crop Life Science's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Crop Life Science's Debt-to-Equity falls into.

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Crop Life Science Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Crop Life Science'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
	=	(263.778	+	90.248)	/	717.259
	=	0.49

Crop Life Science'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
	=	(375.814	+	65.276)	/	748.746
	=	0.59

Crop Life Science (NSE:CLSL) 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.

Crop Life Science Debt-to-Equity Related Terms

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

Crop Life Science Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Crop Life Science Ltd (NSE:CLSL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Near Judges Bunglow Cross Road, 209, Primate, Bodakdev, Ahmedabad, GJ, IND, 380015

Website

https://www.croplifescience.com

Crop Life Science Ltd is an agrochemical company engaged in the business of manufacturing, distributing, and marketing of a wide range of agro chemical formulations. Agriculture chemicals consists of Pesticides and Micro Fertilizer, moreover, the pesticides including Insecticides, Fungicides, Herbicides and Weedicides.

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