Srivari Spices and Foods (NSE:SSFL) Debt-to-Equity : 0.80 (As of Mar. 2024)

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What is Srivari Spices and Foods Debt-to-Equity?

Srivari Spices and Foods's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹145.6 Mil. Srivari Spices and Foods's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹47.0 Mil. Srivari Spices and Foods's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹239.9 Mil. Srivari Spices and Foods's debt to equity for the quarter that ended in Mar. 2024 was 0.80.

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 Srivari Spices and Foods's Debt-to-Equity or its related term are showing as below:

NSE:SSFL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.56 Med: 0.8 Max: 1.41
Current: 0.8

During the past 4 years, the highest Debt-to-Equity Ratio of Srivari Spices and Foods was 1.41. The lowest was 0.56. And the median was 0.80.

NSE:SSFL's Debt-to-Equity is ranked worse than
72.64% of 1656 companies
in the Consumer Packaged Goods industry
Industry Median: 0.385 vs NSE:SSFL: 0.80

Srivari Spices and Foods Debt-to-Equity Historical Data

The historical data trend for Srivari Spices and Foods'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.

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Srivari Spices and Foods Debt-to-Equity Chart

Srivari Spices and Foods Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

0.56

1.41

0.80

Srivari Spices and Foods Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
Debt-to-Equity	-	0.56	1.41	0.80

Competitive Comparison of Srivari Spices and Foods's Debt-to-Equity

For the Packaged Foods subindustry, Srivari Spices and Foods'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.

Srivari Spices and Foods's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Srivari Spices and Foods's Debt-to-Equity falls into.

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Srivari Spices and Foods Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Srivari Spices and Foods'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
	=	(145.629	+	47.038)	/	239.874
	=	0.80

Srivari Spices and Foods'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
	=	(145.629	+	47.038)	/	239.874
	=	0.80

Srivari Spices and Foods (NSE:SSFL) 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.

Srivari Spices and Foods Debt-to-Equity Related Terms

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Srivari Spices and Foods Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Srivari Spices and Foods Ltd (NSE:SSFL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

207, Second Floor, RDB Blue Hope, 4-1-878, 876, 877 and 877/1, Abids, Hyderabad, TG, IND, 500001

Website

https://www.srivarispices.com

Srivari Spices and Foods Ltd is engaged in the business of manufacturing spices and flour (chakki atta) and marketing and selling them in and around Telangana and Andhra Pradesh. The company handpicks its raw materials from various parts of the country and processes its products with utmost care without the use of artificial preservatives or chemicals, thereby creating a product portfolio of organic spices and flour, which carry the freshness and goodness of each ingredient.

Srivari Spices and Foods Headlines

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