Keltech Energies (BOM:506528) Debt-to-Equity : 0.25 (As of Mar. 2024)

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What is Keltech Energies Debt-to-Equity?

Keltech Energies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹193 Mil. Keltech Energies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹58 Mil. Keltech Energies's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹996 Mil. Keltech Energies's debt to equity for the quarter that ended in Mar. 2024 was 0.25.

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 Keltech Energies's Debt-to-Equity or its related term are showing as below:

BOM:506528' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.23 Med: 0.4 Max: 0.56
Current: 0.28

During the past 13 years, the highest Debt-to-Equity Ratio of Keltech Energies was 0.56. The lowest was 0.23. And the median was 0.40.

BOM:506528's Debt-to-Equity is ranked better than
57.23% of 1396 companies
in the Chemicals industry
Industry Median: 0.35 vs BOM:506528: 0.28

Keltech Energies Debt-to-Equity Historical Data

The historical data trend for Keltech Energies'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.

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Keltech Energies Debt-to-Equity Chart

Keltech Energies Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

Get a 7-Day Free Trial

0.39

0.37

0.44

0.39

0.25

Keltech Energies 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															0.39	N/A	0.28	N/A	0.25

Competitive Comparison of Keltech Energies's Debt-to-Equity

For the Specialty Chemicals subindustry, Keltech Energies'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.

Keltech Energies's Debt-to-Equity Distribution in the Chemicals Industry

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

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

Keltech Energies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Keltech Energies'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
	=	(193.08	+	57.698)	/	995.629
	=	0.25

Keltech Energies'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
	=	(193.08	+	57.698)	/	995.629
	=	0.25

Keltech Energies (BOM:506528) 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.

Keltech Energies Debt-to-Equity Related Terms

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Keltech Energies (BOM:506528) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Keltech Energies Ltd (BOM:506528) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

No.3, Infantry Road, 7th Floor, Embassy Icon, Bengaluru, KA, IND, 560001

Website

https://www.keltechenergies.com

Keltech Energies Ltd is engaged in the manufacture of industrial explosives and the sale of perlite & perlite-based products. The company is a technology provider in the area of low-temperature cryogenic insulation of LNG, Ethylene, Propylene, Butane, Propane, Ethane, LOX, LIN, LAR, Ammonia, Cold boxes and other cryogenic equipment. Key areas of operation include the Manufacture of explosives, cryogenic insulation, perlite filter aid, horticulture products as well as perlite products for the construction, refractory and foundry Industries. The Company has two reportable segments such as Explosives segment which manufactures cartridge explosives, bulk emulsion explosives and Perlite segment which manufactures cryogenic insulation, industrial filter-aid, horticulture products etc.

Keltech Energies (BOM:506528) Headlines

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