S J Logistics (India) (NSE:SJLOGISTIC) Debt-to-Equity : 0.12 (As of Mar. 2024)

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What is S J Logistics (India) Debt-to-Equity?

S J Logistics (India)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹56 Mil. S J Logistics (India)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹75 Mil. S J Logistics (India)'s Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹1,120 Mil. S J Logistics (India)'s debt to equity for the quarter that ended in Mar. 2024 was 0.12.

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 S J Logistics (India)'s Debt-to-Equity or its related term are showing as below:

NSE:SJLOGISTIC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12 Med: 1.37 Max: 1.98
Current: 0.12

During the past 4 years, the highest Debt-to-Equity Ratio of S J Logistics (India) was 1.98. The lowest was 0.12. And the median was 1.37.

NSE:SJLOGISTIC's Debt-to-Equity is ranked better than
85.02% of 901 companies
in the Transportation industry
Industry Median: 0.52 vs NSE:SJLOGISTIC: 0.12

S J Logistics (India) Debt-to-Equity Historical Data

The historical data trend for S J Logistics (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.

S J Logistics (India) Debt-to-Equity Chart

S J Logistics (India) Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

1.98

1.68

1.07

0.12

S J Logistics (India) Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Mar24
Debt-to-Equity	1.98	1.68	1.07	0.52	0.12

Competitive Comparison of S J Logistics (India)'s Debt-to-Equity

For the Integrated Freight & Logistics subindustry, S J Logistics (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.

S J Logistics (India)'s Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, S J Logistics (India)'s Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where S J Logistics (India)'s Debt-to-Equity falls into.

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S J Logistics (India) Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

S J Logistics (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
	=	(56.439	+	74.715)	/	1120.436
	=	0.12

S J Logistics (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
	=	(56.439	+	74.715)	/	1120.436
	=	0.12

S J Logistics (India) (NSE:SJLOGISTIC) 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.

S J Logistics (India) Debt-to-Equity Related Terms

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S J Logistics (India) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » S J Logistics (India) Ltd (NSE:SJLOGISTIC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Wagle Estate, 901/902/903, Centrum, Opposite Raila Devi Lake, Thane West, Thane, MH, IND, 400604

Website

https://www.sjlogistics.co.in

S J Logistics (India) Ltd is engaged in the business of providing logistics and supply chain solutions. Its services include ocean freight, warehousing, air freight, customs clearances, inland transportation, and door delivery among others. The company also provides customized cargo solutions to its clients based on their specific needs. It operates in a single segment of Shipping and Logistics.

S J Logistics (India) Headlines

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