Heritage Foods (NSE:HERITGFOOD) Debt-to-Equity : N/A (As of Dec. 2024)

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What is Heritage Foods Debt-to-Equity?

Heritage Foods's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₹0 Mil. Heritage Foods's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₹0 Mil. Heritage Foods's Total Stockholders Equity for the quarter that ended in Dec. 2024 was ₹0 Mil.

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 Heritage Foods's Debt-to-Equity or its related term are showing as below:

NSE:HERITGFOOD' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.23 Max: 0.69
Current: 0.16

During the past 13 years, the highest Debt-to-Equity Ratio of Heritage Foods was 0.69. The lowest was 0.03. And the median was 0.23.

NSE:HERITGFOOD's Debt-to-Equity is ranked better than
71.2% of 1653 companies
in the Consumer Packaged Goods industry
Industry Median: 0.39 vs NSE:HERITGFOOD: 0.16

Heritage Foods Debt-to-Equity Historical Data

The historical data trend for Heritage Foods'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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Heritage Foods Debt-to-Equity Chart

Heritage Foods Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.68

0.12

0.03

0.23

0.16

Heritage Foods Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															N/A	0.16	N/A	0.16	N/A

Competitive Comparison of Heritage Foods's Debt-to-Equity

For the Packaged Foods subindustry, Heritage Foods'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.

Heritage Foods's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Heritage Foods's Debt-to-Equity falls into.

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Heritage Foods Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Heritage Foods'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
	=	(226.3	+	1095.37)	/	8081.59
	=	0.16

Heritage Foods's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(0	+	0)	/	0
	=	N/A

Heritage Foods (NSE:HERITGFOOD) 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.

Heritage Foods Debt-to-Equity Related Terms

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Heritage Foods Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Heritage Foods Ltd (NSE:HERITGFOOD) » Definitions » Debt-to-Equity

Traded in Other Exchanges

519552:India

Address

Road No-1 & 65, Jubilee Hills, Road No-1 & 65, Jubilee Hills, Plot No. 1286, Hyderabad, TG, IND, 500033

Website

https://www.heritagefoods.in

Heritage Foods Ltd is engaged in the food-related and renewable energy business. The company's operating segments are Dairy Vertical, Renewable energy vertical, and Feed vertical. Dairy Vertical is engaged in the manufacturing and marketing of milk, curd, buttermilk, lassi, ice cream, paneer, table butter, milk powder, and others. Renewable energy vertical produces power for captive consumption through its solar and wind power plants, and the Feed vertical is engaged in the manufacturing of cattle and fish feeds. It generates a majority of its revenue from the Dairy Vertical segment. Geographically, the company derives a majority of its revenue from its business in India.

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