Dwarikesh Sugar Industries (NSE:DWARKESH) Debt-to-Equity : 0.55 (As of Mar. 2024)

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What is Dwarikesh Sugar Industries Debt-to-Equity?

Dwarikesh Sugar Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹3,046 Mil. Dwarikesh Sugar Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹1,512 Mil. Dwarikesh Sugar Industries's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹8,221 Mil. Dwarikesh Sugar Industries's debt to equity for the quarter that ended in Mar. 2024 was 0.55.

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

NSE:DWARKESH' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.51 Med: 1.05 Max: 9.48
Current: 0.55

During the past 13 years, the highest Debt-to-Equity Ratio of Dwarikesh Sugar Industries was 9.48. The lowest was 0.51. And the median was 1.05.

NSE:DWARKESH's Debt-to-Equity is ranked worse than
58.89% of 1647 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs NSE:DWARKESH: 0.55

Dwarikesh Sugar Industries Debt-to-Equity Historical Data

The historical data trend for Dwarikesh Sugar 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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Dwarikesh Sugar Industries Debt-to-Equity Chart

Dwarikesh Sugar Industries Annual Data

Trend

Sep13

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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1.71

1.05

0.78

0.51

0.55

Dwarikesh Sugar Industries 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															0.51	N/A	0.34	N/A	0.55

Competitive Comparison of Dwarikesh Sugar Industries's Debt-to-Equity

For the Confectioners subindustry, Dwarikesh Sugar 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.

Dwarikesh Sugar Industries's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Dwarikesh Sugar Industries's Debt-to-Equity distribution charts can be found below:

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

Dwarikesh Sugar Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Dwarikesh Sugar Industries'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
	=	(3045.568	+	1512.112)	/	8220.817
	=	0.55

Dwarikesh Sugar Industries'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
	=	(3045.568	+	1512.112)	/	8220.817
	=	0.55

Dwarikesh Sugar Industries (NSE:DWARKESH) 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.

Dwarikesh Sugar Industries Debt-to-Equity Related Terms

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Dwarikesh Sugar Industries (NSE:DWARKESH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Dwarikesh Sugar Industries Ltd (NSE:DWARKESH) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

532610:India

Address

511, Maker Chambers V, 221, Nariman Point, Mumbai, MH, IND, 400 021

Website

http://www.dwarikesh.com

Dwarikesh Sugar Industries Ltd is a multi-faceted, diversified industrial group engaged in the manufacture of the finest grains of sugar, as well as allied products. The business activity of the group functions through Sugar, Co-generation, and Distillery segments. The product portfolio of the group includes Sugar, ethanol, and Power products. Geographically, it derives revenue from India and the exports made to other countries.

Dwarikesh Sugar Industries (NSE:DWARKESH) Headlines

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