Hindustan Organic Chemicals (BOM:500449) Debt-to-Equity : 66.35 (As of Mar. 2024)

View and export this data going back to 1995. Start your Free Trial

What is Hindustan Organic Chemicals Debt-to-Equity?

Hindustan Organic Chemicals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹7,391 Mil. Hindustan Organic Chemicals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹33 Mil. Hindustan Organic Chemicals's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹112 Mil. Hindustan Organic Chemicals's debt to equity for the quarter that ended in Mar. 2024 was 66.35.

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 Hindustan Organic Chemicals's Debt-to-Equity or its related term are showing as below:

BOM:500449' s Debt-to-Equity Range Over the Past 10 Years
Min: -188.64 Med: 4.22 Max: 66.35
Current: 66.35

During the past 13 years, the highest Debt-to-Equity Ratio of Hindustan Organic Chemicals was 66.35. The lowest was -188.64. And the median was 4.22.

BOM:500449's Debt-to-Equity is ranked worse than
99.93% of 1387 companies
in the Chemicals industry
Industry Median: 0.36 vs BOM:500449: 66.35

Hindustan Organic Chemicals Debt-to-Equity Historical Data

The historical data trend for Hindustan Organic Chemicals'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.

Hindustan Organic Chemicals Debt-to-Equity Chart

Hindustan Organic Chemicals Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

Get a 7-Day Free Trial

28.97

5.28

-188.64

-19.27

66.35

Hindustan Organic Chemicals 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															-19.27	N/A	-11.85	N/A	66.35

Competitive Comparison of Hindustan Organic Chemicals's Debt-to-Equity

For the Chemicals subindustry, Hindustan Organic Chemicals'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.

Hindustan Organic Chemicals's Debt-to-Equity Distribution in the Chemicals Industry

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

* The bar in red indicates where Hindustan Organic Chemicals's Debt-to-Equity falls into.

Hindustan Organic Chemicals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hindustan Organic Chemicals'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
	=	(7390.897	+	33.444)	/	111.9
	=	66.35

Hindustan Organic Chemicals'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
	=	(7390.897	+	33.444)	/	111.9
	=	66.35

Hindustan Organic Chemicals (BOM:500449) 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.

Hindustan Organic Chemicals Debt-to-Equity Related Terms

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

Hindustan Organic Chemicals (BOM:500449) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Hindustan Organic Chemicals Ltd (BOM:500449) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

V Times Square, Plot No: 3, Sector 15, 401, 402 and 403, 4th Floor, CBD Belapur, Navi Mumbai, MH, IND, 400614

Website

https://www.hoclindia.com

Hindustan Organic Chemicals Ltd or HOCL is an India-based company engaged in the manufacturing and sale of chemicals. Its main products include Phenol, Acetone, Oleum, Nitrobenzene, Concentrated Nitric Acid, Aniline, Nitrotoluenes, Chlorobenzenes, Nitrochlorobenzenes, Dinitrogen Tetroxide and Hydrogen Peroxide. It provides various organic chemicals for industries, such as resins and laminates, dyes and dyes intermediates, drugs and pharmaceuticals, rubber chemicals, paints, pesticides and others. It also produces plastic polytetrafluoroethylene through its subsidiary. HOCL uses raw materials, such as benzene, toluene, liquefied petroleum gas (LPG), methanol, naphtha, and sulfur. HOCL has two manufacturing units at Rasayani, District Raigad in Maharashtra and at Kochi in Kerala.

Hindustan Organic Chemicals (BOM:500449) Headlines

No Headlines