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Sati Poly Plast (NSE:SATIPOLY) Debt-to-Equity : 1.82 (As of Mar. 2024)


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What is Sati Poly Plast Debt-to-Equity?

Sati Poly Plast's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹53 Mil. Sati Poly Plast's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹171 Mil. Sati Poly Plast's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹123 Mil. Sati Poly Plast's debt to equity for the quarter that ended in Mar. 2024 was 1.82.

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 Sati Poly Plast's Debt-to-Equity or its related term are showing as below:

NSE:SATIPOLY' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.82   Med: 6.62   Max: 26.58
Current: 1.82

During the past 3 years, the highest Debt-to-Equity Ratio of Sati Poly Plast was 26.58. The lowest was 1.82. And the median was 6.62.

NSE:SATIPOLY's Debt-to-Equity is ranked worse than
91.67% of 360 companies
in the Packaging & Containers industry
Industry Median: 0.44 vs NSE:SATIPOLY: 1.82

Sati Poly Plast Debt-to-Equity Historical Data

The historical data trend for Sati Poly Plast'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.

Sati Poly Plast Debt-to-Equity Chart

Sati Poly Plast Annual Data
Trend Mar22 Mar23 Mar24
Debt-to-Equity
26.58 6.62 1.82

Sati Poly Plast Semi-Annual Data
Mar22 Mar23 Mar24
Debt-to-Equity 26.58 6.62 1.82

Competitive Comparison of Sati Poly Plast's Debt-to-Equity

For the Packaging & Containers subindustry, Sati Poly Plast'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.

Sati Poly Plast's Debt-to-Equity Distribution in the Packaging & Containers Industry

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

* The bar in red indicates where Sati Poly Plast's Debt-to-Equity falls into.


Sati Poly Plast Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sati Poly Plast'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
=(53.475 + 170.54) / 123.028
=1.82

Sati Poly Plast'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
=(53.475 + 170.54) / 123.028
=1.82

* 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.

Sati Poly Plast  (NSE:SATIPOLY) 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.

Sati Poly Plast Debt-to-Equity Related Terms

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Sati Poly Plast Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Sati Poly Plast Ltd (NSE:SATIPOLY) » Definitions » Debt-to-Equity
Comparable Companies
Traded in Other Exchanges
N/A
Address
C-44, Phase II, District Gautam Budh Nagar, Noida, UP, IND, 201305
Website
https://www.satipolyplast.in
Sati Poly Plast Ltd is engaged in the manufacturing of flexible packaging material which is multifunctional and caters to the packaging requirements of various industries. Its packaging solutions offers products in the food and beverage category, including salty snacks, snack bars, dry fruits, confectionery and dry foods.

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