Eveready Industries India (NSE:EVEREADY) Debt-to-Equity : 0.65 (As of Sep. 2024)

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What is Eveready Industries India Debt-to-Equity?

Eveready Industries India's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹1,500 Mil. Eveready Industries India's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹1,348 Mil. Eveready Industries India's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₹4,377 Mil. Eveready Industries India's debt to equity for the quarter that ended in Sep. 2024 was 0.65.

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

NSE:EVEREADY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.41 Med: 0.95 Max: 1.8
Current: 0.65

During the past 13 years, the highest Debt-to-Equity Ratio of Eveready Industries India was 1.80. The lowest was 0.41. And the median was 0.95.

NSE:EVEREADY's Debt-to-Equity is ranked worse than
74.34% of 2615 companies
in the Industrial Products industry
Industry Median: 0.29 vs NSE:EVEREADY: 0.65

Eveready Industries India Debt-to-Equity Historical Data

The historical data trend for Eveready Industries India'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.

Eveready Industries India Debt-to-Equity Chart

Eveready Industries India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.71

1.80

1.36

1.25

0.79

Eveready Industries India Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.93	N/A	0.79	N/A	0.65

Competitive Comparison of Eveready Industries India's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, Eveready Industries India'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.

Eveready Industries India's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Eveready Industries India's Debt-to-Equity distribution charts can be found below:

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

Eveready Industries India Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Eveready Industries India'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
	=	(1473.239	+	1592.091)	/	3867.126
	=	0.79

Eveready Industries India'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
	=	(1500.2	+	1348.2)	/	4376.6
	=	0.65

Eveready Industries India (NSE:EVEREADY) 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.

Eveready Industries India Debt-to-Equity Related Terms

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Eveready Industries India Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Eveready Industries India Ltd (NSE:EVEREADY) » Definitions » Debt-to-Equity

Traded in Other Exchanges

531508:India

Address

2, Rainey Park, Kolkata, WB, IND, 700 019

Website

https://www.evereadyindia.com

Eveready Industries India Ltd is an FMCG company. The company is engaged in the business of marketing of dry cell batteries, rechargeable batteries, flashlights and lighting products which come under a single business segment known as Consumer Goods. It manufactures and markets dry cell and rechargeable batteries, flashlights, and lanterns, packet tea, LED bulbs and luminaries, devices like mobile power banks, rechargeable fans, and radio and small home appliances. The firm markets these products under Eveready, Powercell, Uniross, and Shakti brands. It has manufacturing facilities in Goalpara (Assam), Lucknow, Noida, Haridwar, Maddur, and Kolkata.

Eveready Industries India Headlines

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