Proventus Agrocom (NSE:PROV) Debt-to-Equity : 0.02 (As of Mar. 2024)

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What is Proventus Agrocom Debt-to-Equity?

Proventus Agrocom's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹21 Mil. Proventus Agrocom's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0 Mil. Proventus Agrocom's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹1,226 Mil. Proventus Agrocom's debt to equity for the quarter that ended in Mar. 2024 was 0.02.

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 Proventus Agrocom's Debt-to-Equity or its related term are showing as below:

NSE:PROV' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.46 Max: 0.65
Current: 0.02

During the past 5 years, the highest Debt-to-Equity Ratio of Proventus Agrocom was 0.65. The lowest was 0.02. And the median was 0.46.

NSE:PROV's Debt-to-Equity is ranked better than
95.73% of 1641 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs NSE:PROV: 0.02

Proventus Agrocom Debt-to-Equity Historical Data

The historical data trend for Proventus Agrocom'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.

Proventus Agrocom Debt-to-Equity Chart

Proventus Agrocom Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

0.35

0.57

0.65

N/A

0.02

Proventus Agrocom Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23	Sep23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial			0.57	0.65	N/A	0.25	0.02

Competitive Comparison of Proventus Agrocom's Debt-to-Equity

For the Packaged Foods subindustry, Proventus Agrocom'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.

Proventus Agrocom's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

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

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

Proventus Agrocom Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Proventus Agrocom'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
	=	(20.907	+	0)	/	1225.705
	=	0.02

Proventus Agrocom'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
	=	(20.907	+	0)	/	1225.705
	=	0.02

Proventus Agrocom (NSE:PROV) 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.

Proventus Agrocom Debt-to-Equity Related Terms

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Proventus Agrocom (NSE:PROV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Proventus Agrocom Ltd (NSE:PROV) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Village Mulgaon, MV Road, Unit 515, 5th Floor, C Wing, 1 MTR Cabin, Atrium, Andheri East, Near Acme Plaza, Mumbai, MH, IND, 400 069

Website

https://www.proventusagro.com

Proventus Agrocom Ltd is an integrated health food brand with a presence in the entire range of dry fruits, nuts, seeds, berries, and healthy snacking products across the value chain. Its approach in the space focuses on diversifying across the baskets and intensifying its presence across the value chain; in the end, being a one-stop shop for the consumers. Its products include cashew, almonds, walnuts, raisins, sunflower seeds, pistachios and other dry fruits, nuts, seeds and berries.