Kesar Enterprises (BOM:507180) Debt-to-Equity : 0.06 (As of Mar. 2024)

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What is Kesar Enterprises Debt-to-Equity?

Kesar Enterprises's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹100 Mil. Kesar Enterprises's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹8 Mil. Kesar Enterprises's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹1,917 Mil. Kesar Enterprises's debt to equity for the quarter that ended in Mar. 2024 was 0.06.

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 Kesar Enterprises's Debt-to-Equity or its related term are showing as below:

BOM:507180' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 2.68 Max: 6.36
Current: 0.06

During the past 13 years, the highest Debt-to-Equity Ratio of Kesar Enterprises was 6.36. The lowest was 0.06. And the median was 2.68.

BOM:507180's Debt-to-Equity is ranked better than
86.65% of 1640 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs BOM:507180: 0.06

Kesar Enterprises Debt-to-Equity Historical Data

The historical data trend for Kesar Enterprises'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.

Kesar Enterprises Debt-to-Equity Chart

Kesar Enterprises Annual Data

Trend

Jun14

Jun15

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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6.07

1.56

2.05

3.34

0.06

Kesar Enterprises Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															3.34	N/A	0.96	N/A	0.06

Competitive Comparison of Kesar Enterprises's Debt-to-Equity

For the Confectioners subindustry, Kesar Enterprises'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.

Kesar Enterprises's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

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

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

Kesar Enterprises Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kesar Enterprises'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
	=	(100.103	+	7.855)	/	1917.37
	=	0.06

Kesar Enterprises'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
	=	(100.103	+	7.855)	/	1917.37
	=	0.06

Kesar Enterprises (BOM:507180) 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.

Kesar Enterprises Debt-to-Equity Related Terms

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

Kesar Enterprises (BOM:507180) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Kesar Enterprises Ltd (BOM:507180) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

7 Jamshedji Tata Road, Oriental House, 6th Floor, Churchgate, Mumbai, MH, IND, 400020

Website

https://www.kesarindia.com

Kesar Enterprises Ltd is engaged in the manufacture of sugar and its byproducts, manufacture of alcohol and alcoholic beverages by distillation, including ethanol, and generation of renewable power. Its segments are Sugar, Power, and Spirits. Major revenue of the company is generated from the sugar segment.

Kesar Enterprises (BOM:507180) Headlines

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