Ion Exchange (India) (BOM:500214) Debt-to-Equity : 0.07 (As of Mar. 2023)

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What is Ion Exchange (India) Debt-to-Equity?

Ion Exchange (India)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹401 Mil. Ion Exchange (India)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹191 Mil. Ion Exchange (India)'s Total Stockholders Equity for the quarter that ended in Mar. 2023 was ₹8,335 Mil. Ion Exchange (India)'s debt to equity for the quarter that ended in Mar. 2023 was 0.07.

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 Ion Exchange (India)'s Debt-to-Equity or its related term are showing as below:

BOM:500214' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 0.47 Max: 0.82
Current: 0.07

During the past 13 years, the highest Debt-to-Equity Ratio of Ion Exchange (India) was 0.82. The lowest was 0.07. And the median was 0.47.

BOM:500214's Debt-to-Equity is ranked better than
79.95% of 2624 companies
in the Industrial Products industry
Industry Median: 0.29 vs BOM:500214: 0.07

Ion Exchange (India) Debt-to-Equity Historical Data

The historical data trend for Ion Exchange (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.

Ion Exchange (India) Debt-to-Equity Chart

Ion Exchange (India) Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.42

0.37

0.12

0.08

0.07

Ion Exchange (India) Semi-Annual Data
	Mar10	Mar11	Mar12	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23
Debt-to-Equity	Get a 7-Day Free Trial									0.42	0.37	0.12	0.08	0.07

Competitive Comparison of Ion Exchange (India)'s Debt-to-Equity

For the Pollution & Treatment Controls subindustry, Ion Exchange (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.

Ion Exchange (India)'s Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ion Exchange (India)'s Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Ion Exchange (India)'s Debt-to-Equity falls into.

Ion Exchange (India) Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ion Exchange (India)'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
	=	(401.43	+	190.904)	/	8334.911
	=	0.07

Ion Exchange (India)'s Debt to Equity Ratio for the quarter 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
	=	(401.43	+	190.904)	/	8334.911
	=	0.07

Ion Exchange (India) (BOM:500214) 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.

Ion Exchange (India) Debt-to-Equity Related Terms

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

Ion Exchange (India) (BOM:500214) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ion Exchange (India) Ltd (BOM:500214) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

IONEXCHANG:India

Address

Dr. E. Moses Road, Ion House, Mahalaxmi, Mumbai, MH, IND, 400011

Website

https://www.ionindia.com

Ion Exchange (India) Ltd is a water solution provider. The principal activities of the company consist of the construction and maintenance of water treatment plants, wastewater treatment, manufacturing resins, specialty chemicals for water, recycling, zero liquid discharge, sewage treatment, packaged drinking water, sea water desalination, etc. The company operates its business through the Engineering division, which is a key revenue driver that comprises water treatment plants, spares, and services in connection with the plants; the Chemicals segment consists of resins, water treatment chemicals, sugar chemicals, and paper chemicals; and the Consumer Products segment comprises domestic water purifiers. The company caters to both domestic and international markets.

Ion Exchange (India) (BOM:500214) Headlines

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