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Sabar Flex India (NSE:SABAR) Debt-to-Equity : 0.68 (As of Mar. 2024)


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What is Sabar Flex India Debt-to-Equity?

Sabar Flex India's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹159 Mil. Sabar Flex India's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹62 Mil. Sabar Flex India's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹325 Mil. Sabar Flex India's debt to equity for the quarter that ended in Mar. 2024 was 0.68.

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

NSE:SABAR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.68   Med: 1.6   Max: 1.71
Current: 0.68

During the past 5 years, the highest Debt-to-Equity Ratio of Sabar Flex India was 1.71. The lowest was 0.68. And the median was 1.60.

NSE:SABAR's Debt-to-Equity is ranked worse than
63.69% of 358 companies
in the Packaging & Containers industry
Industry Median: 0.42 vs NSE:SABAR: 0.68

Sabar Flex India Debt-to-Equity Historical Data

The historical data trend for Sabar Flex 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.

Sabar Flex India Debt-to-Equity Chart

Sabar Flex India Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Equity
1.60 1.71 1.61 1.18 0.68

Sabar Flex India Semi-Annual Data
Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Equity 1.60 1.71 1.61 1.18 0.68

Competitive Comparison of Sabar Flex India's Debt-to-Equity

For the Packaging & Containers subindustry, Sabar Flex 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.

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

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

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


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Sabar Flex India Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sabar Flex 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
=(158.633 + 62.302) / 324.586
=0.68

Sabar Flex 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
=(158.633 + 62.302) / 324.586
=0.68

* 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.

Sabar Flex India  (NSE:SABAR) 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.

Sabar Flex India Debt-to-Equity Related Terms

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

Sabar Flex India Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Sabar Flex India Ltd (NSE:SABAR) » Definitions » Debt-to-Equity
Comparable Companies
BOM:542865 BOM:531671 BOM:542666 BOM:530111 NSE:SMVD BOM:530063 BOM:530421 BOM:538707 BOM:526143 BOM:543979 IP SW PKG BALL AMCR AVY CCK TSX:CCL.A BERY GPK
Traded in Other Exchanges
N/A
Address
Corporate Road, B1/104 Palladium Building, Near Orchid Wood, Opposite Divya Bhaskar, Prahaladnagar, Ahmedabad, GJ, IND, 380051
Website
https://www.sabarflex.com
Sabar Flex India Ltd engages in manufacturing packaging products made from plastics. The company supplies three different products, that is, Multilayer films, Printed laminates, and flexible packaging products. Its product portfolio consists of multi-color pouches, stand-up pouches, zip-lock pouches, vacuum pouches, paper bag, e-commerce bag.

Sabar Flex India Headlines

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