Godrej Industries (BOM:500164) Debt-to-Equity : 3.62 (As of Mar. 2024)

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What is Godrej Industries Debt-to-Equity?

Godrej Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹172,750 Mil. Godrej Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹117,210 Mil. Godrej Industries's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹80,013 Mil. Godrej Industries's debt to equity for the quarter that ended in Mar. 2024 was 3.62.

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 Godrej Industries's Debt-to-Equity or its related term are showing as below:

BOM:500164' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.26 Med: 2.06 Max: 3.62
Current: 3.62

During the past 13 years, the highest Debt-to-Equity Ratio of Godrej Industries was 3.62. The lowest was 1.26. And the median was 2.06.

BOM:500164's Debt-to-Equity is ranked worse than
95% of 480 companies
in the Conglomerates industry
Industry Median: 0.56 vs BOM:500164: 3.62

Godrej Industries Debt-to-Equity Historical Data

The historical data trend for Godrej Industries'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.

Godrej Industries Debt-to-Equity Chart

Godrej Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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1.26

1.33

2.04

2.46

3.62

Godrej Industries 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															2.46	N/A	3.07	N/A	3.62

Competitive Comparison of Godrej Industries's Debt-to-Equity

For the Conglomerates subindustry, Godrej Industries'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.

Godrej Industries's Debt-to-Equity Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Godrej Industries's Debt-to-Equity distribution charts can be found below:

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

Godrej Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Godrej Industries'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
	=	(172749.5	+	117209.5)	/	80013.1
	=	3.62

Godrej Industries'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
	=	(172749.5	+	117209.5)	/	80013.1
	=	3.62

Godrej Industries (BOM:500164) 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.

Godrej Industries Debt-to-Equity Related Terms

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Godrej Industries (BOM:500164) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Godrej Industries Ltd (BOM:500164) » Definitions » Debt-to-Equity

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GODREJIND:India

Address

Godrej One, Pirojshanagar, Eastern Express Highway, Vikhroli (East), Mumbai, MH, IND, 400 079

Website

https://www.godrejindustries.com

Godrej Industries Ltd is an India-based conglomerate with activities in agriculture, chemicals, real estate, and consumer goods. The firm has eight segments. The estate and property development segment develops, leases, and sells residential and commercial properties. The animal feed segment sells animal feed compounds for cattle, poultry, shrimp, and fish. The vegetable oils segment produces refined vegetable oils. The chemicals segment sells compounds used to make soaps, detergents, and other consumer products. The dairy segment sells milk and milk-based products. The crop protection segment provides pesticides and growth compounds. The two smallest segments account for finance and investments as well as uncategorized revenue. Most of the company's revenue comes from India.

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