GRM Overseas (BOM:531449) Debt-to-Equity : 1.19 (As of Mar. 2024)

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What is GRM Overseas Debt-to-Equity?

GRM Overseas's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹3,930 Mil. GRM Overseas's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹1 Mil. GRM Overseas's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹3,307 Mil. GRM Overseas's debt to equity for the quarter that ended in Mar. 2024 was 1.19.

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

BOM:531449' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.19 Med: 2.98 Max: 5.73
Current: 1.19

During the past 13 years, the highest Debt-to-Equity Ratio of GRM Overseas was 5.73. The lowest was 1.19. And the median was 2.98.

BOM:531449's Debt-to-Equity is ranked worse than
81.75% of 1644 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs BOM:531449: 1.19

GRM Overseas Debt-to-Equity Historical Data

The historical data trend for GRM Overseas'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.

GRM Overseas Debt-to-Equity Chart

GRM Overseas Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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2.34

1.39

1.65

1.51

1.19

GRM Overseas 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															1.51	N/A	0.63	N/A	1.19

Competitive Comparison of GRM Overseas's Debt-to-Equity

For the Packaged Foods subindustry, GRM Overseas'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.

GRM Overseas's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, GRM Overseas's Debt-to-Equity distribution charts can be found below:

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

GRM Overseas Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

GRM Overseas'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
	=	(3929.597	+	1.465)	/	3306.707
	=	1.19

GRM Overseas'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
	=	(3929.597	+	1.465)	/	3306.707
	=	1.19

GRM Overseas (BOM:531449) 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.

GRM Overseas Debt-to-Equity Related Terms

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GRM Overseas (BOM:531449) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » GRM Overseas Ltd (BOM:531449) » Definitions » Debt-to-Equity

Traded in Other Exchanges

GRMOVER:India

Address

Gohana-Rohtak Road, 8 K.M. Stone, Village Naultha, Panipat, HR, IND, 132145

Website

https://www.grmrice.com

GRM Overseas Ltd is engaged in the business of producing and trading rice. The company caters to both domestic and overseas markets. Its offering includes a Basmati rice range of products. In addition, the company also offers Turmeric powder, Chilli powder and Coriander powder. The group sells its products in India and also exports them to other countries.

GRM Overseas (BOM:531449) Headlines

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