Supreme Petrochem (BOM:500405) Debt-to-Equity : 0.06 (As of Mar. 2024)

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What is Supreme Petrochem Debt-to-Equity?

Supreme Petrochem's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹159 Mil. Supreme Petrochem's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹983 Mil. Supreme Petrochem's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹20,191 Mil. Supreme Petrochem'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 Supreme Petrochem's Debt-to-Equity or its related term are showing as below:

BOM:500405' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.04 Max: 0.09
Current: 0.06

During the past 13 years, the highest Debt-to-Equity Ratio of Supreme Petrochem was 0.09. The lowest was 0.01. And the median was 0.04.

BOM:500405's Debt-to-Equity is ranked better than
83.77% of 1399 companies
in the Chemicals industry
Industry Median: 0.35 vs BOM:500405: 0.06

Supreme Petrochem Debt-to-Equity Historical Data

The historical data trend for Supreme Petrochem'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.

Supreme Petrochem Debt-to-Equity Chart

Supreme Petrochem Annual Data

Trend

Jun14

Jun15

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.04

0.03

0.01

0.06

Supreme Petrochem Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															N/A	0.01	0.04	N/A	0.06

Competitive Comparison of Supreme Petrochem's Debt-to-Equity

For the Specialty Chemicals subindustry, Supreme Petrochem'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.

Supreme Petrochem's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Supreme Petrochem's Debt-to-Equity distribution charts can be found below:

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

Supreme Petrochem Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Supreme Petrochem'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
	=	(158.876	+	982.56)	/	20191.126
	=	0.06

Supreme Petrochem'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
	=	(158.876	+	982.56)	/	20191.126
	=	0.06

Supreme Petrochem (BOM:500405) 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.

Supreme Petrochem Debt-to-Equity Related Terms

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

Supreme Petrochem (BOM:500405) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Supreme Petrochem Ltd (BOM:500405) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

SPLPETRO:India

Address

Andheri-Ghatkopar Link Road, Solitaire Corporate Park, Building No. 11, 5th Floor, 167, Guru Hargovindji Marg, Chakala, Andheri (East), Mumbai, MH, IND, 400093

Website

https://www.supremepetrochem.com

Supreme Petrochem Ltd manufactures and trades in petrochemicals. The company owns production facilities at Raigad, Maharashtra and in Chennai, Tamil Nadu. Its product portfolio consists of general-purpose polystyrene, specialty polystyrene, masterbatches, high impact polystyrene, FR high impact polystyrene, toughened polystyrene, and extruded polystyrene foam boards.

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