Bilcare (BOM:526853) Debt-to-Equity : 1.52 (As of Mar. 2024)

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What is Bilcare Debt-to-Equity?

Bilcare's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹2,106 Mil. Bilcare's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹5,454 Mil. Bilcare's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹4,978 Mil. Bilcare's debt to equity for the quarter that ended in Mar. 2024 was 1.52.

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

BOM:526853' s Debt-to-Equity Range Over the Past 10 Years
Min: -32.5 Med: 2.89 Max: 9.18
Current: 1.52

During the past 13 years, the highest Debt-to-Equity Ratio of Bilcare was 9.18. The lowest was -32.50. And the median was 2.89.

BOM:526853's Debt-to-Equity is ranked worse than
91.12% of 349 companies
in the Packaging & Containers industry
Industry Median: 0.44 vs BOM:526853: 1.52

Bilcare Debt-to-Equity Historical Data

The historical data trend for Bilcare'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.

Bilcare Debt-to-Equity Chart

Bilcare Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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6.53

9.18

1.20

1.45

1.52

Bilcare 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															1.45	N/A	1.43	N/A	1.52

Competitive Comparison of Bilcare's Debt-to-Equity

For the Packaging & Containers subindustry, Bilcare'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.

Bilcare's Debt-to-Equity Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Bilcare's Debt-to-Equity distribution charts can be found below:

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

Bilcare Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bilcare'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
	=	(2106.4	+	5454.1)	/	4978.4
	=	1.52

Bilcare'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
	=	(2106.4	+	5454.1)	/	4978.4
	=	1.52

Bilcare (BOM:526853) 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.

Bilcare Debt-to-Equity Related Terms

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

Bilcare (BOM:526853) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Bilcare Ltd (BOM:526853) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Senapati Bapat Road, 601, ICC Trade Tower, B wing, 6th Floor, Pune, MH, IND, 411016

Website

https://www.bilcare.com

Bilcare Ltd is an Indian company engaged in pharma packaging research solutions. It offers effective and affordable packaging solutions. It offers pharmaceutical packaging solutions comprising specialty polymer films and Aluminium foils used for packaging of solid dosage pharmaceutical products. It also provides Clinical Trial Materials (CTM) services to the pharmaceutical and biotechnology industries under Bilcare Global Clinical Supplies. Bilcare also offers packaging films solutions to ID Card industry, Specialty Films Applications, and Food packaging industry.

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