Huhtamaki India (NSE:HUHTAMAKI) Debt-to-Equity : N/A (As of Mar. 2024)

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What is Huhtamaki India Debt-to-Equity?

Huhtamaki India's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0 Mil. Huhtamaki India's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0 Mil. Huhtamaki India's Total Stockholders Equity for the quarter that ended in Mar. 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 Huhtamaki India's Debt-to-Equity or its related term are showing as below:

NSE:HUHTAMAKI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 0.56 Max: 1.17
Current: 0.22

During the past 13 years, the highest Debt-to-Equity Ratio of Huhtamaki India was 1.17. The lowest was 0.07. And the median was 0.56.

NSE:HUHTAMAKI's Debt-to-Equity is ranked better than
70.26% of 343 companies
in the Packaging & Containers industry
Industry Median: 0.45 vs NSE:HUHTAMAKI: 0.22

Huhtamaki India Debt-to-Equity Historical Data

The historical data trend for Huhtamaki 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.

Huhtamaki India Debt-to-Equity Chart

Huhtamaki India Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.39

0.58

0.54

0.22

Huhtamaki India 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															N/A	0.52	N/A	0.22	N/A

Competitive Comparison of Huhtamaki India's Debt-to-Equity

For the Packaging & Containers subindustry, Huhtamaki 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.

Huhtamaki India's Debt-to-Equity Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Huhtamaki India's Debt-to-Equity distribution charts can be found below:

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

Huhtamaki India Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Huhtamaki India's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 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
	=	(75.8	+	2469.9)	/	11504.6
	=	0.22

Huhtamaki India'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
	=	(0	+	0)	/	0
	=	N/A

Huhtamaki India (NSE:HUHTAMAKI) 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.

Huhtamaki India Debt-to-Equity Related Terms

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

Huhtamaki India (NSE:HUHTAMAKI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Huhtamaki India Ltd (NSE:HUHTAMAKI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

509820:India

Address

L.B.S. Marg, Majiwade, Thane (West), Thane, MH, IND, 400 601

Website

https://www.huhtamaki.com

Huhtamaki India Ltd is engaged in manufacture and sale of packaging material. It offers a hoard of packaging solutions that comprise flexible packaging, including various pouching solutions, labelling technologies, and shrink sleeve solutions. The company operates through consumer packaging segment and focuses on manufacturing finished goods, such as laminates and coated/uncoated paper and films, cartons, shrink sleeves and automotive and industrial products. Its products are used in various flexible packaging applications, which include food and beverages, personal, oral and healthcare, tube laminate, pharma and medical, and other industries which are mainly domestic.

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