India Glycols (NSE:INDIAGLYCO) Debt-to-Equity : N/A (As of Dec. 2023)

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What is India Glycols Debt-to-Equity?

India Glycols's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. India Glycols's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. India Glycols's Total Stockholders Equity for the quarter that ended in Dec. 2023 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 India Glycols's Debt-to-Equity or its related term are showing as below:

NSE:INDIAGLYCO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.49 Med: 0.97 Max: 4.89
Current: 0.56

During the past 13 years, the highest Debt-to-Equity Ratio of India Glycols was 4.89. The lowest was 0.49. And the median was 0.97.

NSE:INDIAGLYCO's Debt-to-Equity is ranked worse than
65.06% of 1394 companies
in the Chemicals industry
Industry Median: 0.35 vs NSE:INDIAGLYCO: 0.56

India Glycols Debt-to-Equity Historical Data

The historical data trend for India Glycols'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.

India Glycols Debt-to-Equity Chart

India Glycols Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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1.04

0.97

0.58

0.59

India Glycols Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															N/A	0.59	N/A	0.56	N/A

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

For the Chemicals subindustry, India Glycols'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.

India Glycols's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, India Glycols's Debt-to-Equity distribution charts can be found below:

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

India Glycols Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

India Glycols's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(5471.262	+	5651.415)	/	19014.19
	=	0.58

India Glycols's Debt to Equity Ratio for the quarter 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
	=	(0	+	0)	/	0
	=	N/A

India Glycols (NSE:INDIAGLYCO) 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.

India Glycols Debt-to-Equity Related Terms

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

India Glycols (NSE:INDIAGLYCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » India Glycols Ltd (NSE:INDIAGLYCO) » Definitions » Debt-to-Equity

Traded in Other Exchanges

500201:India

Address

Plot No. 2B, Sector-126, District Gautam Budh Nagar, Noida, UP, IND, 201304

Website

https://www.indiaglycols.com

India Glycols Ltd is engaged in the manufacturing and marketing of chemicals. It offers Specialty chemicals, Ethyl Alcohol (Portable), Nutraceutical and herbal extraction, Natural Gum and its derivatives, and Industrial gases, among others. The company produces chemicals through agricultural route and manufactures ethoxylates and glycol ethers through molasses route. The demand for their products comes from the Pharmaceutical and Nutraceutical industries, Food industries, Textile industry, Automobile industry and Potable segment. The operating segments of the group are Industrial chemical; Ethyl Alcohol (Potable); and Nutraceutical, of which it derives key revenue from the Ethyl Alcohol (Potable) segment.

India Glycols (NSE:INDIAGLYCO) Headlines

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