UltraTech Cement (NSE:ULTRACEMCO) Debt-to-Equity : N/A (As of Dec. 2023)

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What is UltraTech Cement Debt-to-Equity?

UltraTech Cement's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. UltraTech Cement's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. UltraTech Cement's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹0 Mil.

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 UltraTech Cement's Debt-to-Equity or its related term are showing as below:

NSE:ULTRACEMCO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.2 Med: 0.48 Max: 0.78
Current: 0.2

During the past 13 years, the highest Debt-to-Equity Ratio of UltraTech Cement was 0.78. The lowest was 0.20. And the median was 0.48.

NSE:ULTRACEMCO's Debt-to-Equity is ranked better than
67.8% of 354 companies
in the Building Materials industry
Industry Median: 0.39 vs NSE:ULTRACEMCO: 0.20

UltraTech Cement Debt-to-Equity Historical Data

The historical data trend for UltraTech Cement'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.

UltraTech Cement Debt-to-Equity Chart

UltraTech Cement Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.72

0.59

0.47

0.20

UltraTech Cement Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															N/A	0.20	N/A	0.20	N/A

Competitive Comparison of UltraTech Cement's Debt-to-Equity

For the Building Materials subindustry, UltraTech Cement'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.

UltraTech Cement's Debt-to-Equity Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, UltraTech Cement's Debt-to-Equity distribution charts can be found below:

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

UltraTech Cement Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

UltraTech Cement's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 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
	=	(46906.8	+	63670.6)	/	543245.4
	=	0.20

UltraTech Cement's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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
	=	(0	+	0)	/	0
	=	N/A

UltraTech Cement (NSE:ULTRACEMCO) 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.

UltraTech Cement Debt-to-Equity Related Terms

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

UltraTech Cement (NSE:ULTRACEMCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » UltraTech Cement Ltd (NSE:ULTRACEMCO) » Definitions » Debt-to-Equity

Traded in Other Exchanges

532538:India

Address

Mahakali Caves Road, B Wing, Ahura Centre, 2nd Floor, Andheri (East), Mumbai, MH, IND, 400 093

Website

https://www.ultratechcement.com

UltraTech Cement Ltd produces and sells cement and cement-related products. The company generates the vast majority of its revenue in India. UltraTech has one of the largest production capacities of any firm in India. The company's product portfolio includes Ordinary Portland cement, Portland blast-furnace slag cement, and Portland Pozzolana cement. Ordinary Portland cement is used for a wide range of applications including concrete products, masonry, and plastering. The firm's customers are in the building and construction industries.

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