Hatsun Agro Product (BOM:531531) Debt-to-Equity : 1.72 (As of Mar. 2024)

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What is Hatsun Agro Product Debt-to-Equity?

Hatsun Agro Product's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹14,155 Mil. Hatsun Agro Product's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹12,828 Mil. Hatsun Agro Product's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹15,723 Mil. Hatsun Agro Product's debt to equity for the quarter that ended in Mar. 2024 was 1.72.

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 Hatsun Agro Product's Debt-to-Equity or its related term are showing as below:

BOM:531531' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.24 Med: 1.73 Max: 3.55
Current: 1.72

During the past 13 years, the highest Debt-to-Equity Ratio of Hatsun Agro Product was 3.55. The lowest was 1.24. And the median was 1.73.

BOM:531531's Debt-to-Equity is ranked worse than
90.94% of 1644 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs BOM:531531: 1.72

Hatsun Agro Product Debt-to-Equity Historical Data

The historical data trend for Hatsun Agro Product'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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Hatsun Agro Product Debt-to-Equity Chart

Hatsun Agro Product Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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1.59

1.75

1.24

1.72

Hatsun Agro Product 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															1.24	N/A	1.35	N/A	1.72

Competitive Comparison of Hatsun Agro Product's Debt-to-Equity

For the Packaged Foods subindustry, Hatsun Agro Product'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.

Hatsun Agro Product's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

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

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

Hatsun Agro Product Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hatsun Agro Product'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
	=	(14155.014	+	12827.971)	/	15722.534
	=	1.72

Hatsun Agro Product'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
	=	(14155.014	+	12827.971)	/	15722.534
	=	1.72

Hatsun Agro Product (BOM:531531) 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.

Hatsun Agro Product Debt-to-Equity Related Terms

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Hatsun Agro Product (BOM:531531) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Hatsun Agro Product Ltd (BOM:531531) » Definitions » Debt-to-Equity

Traded in Other Exchanges

HATSUN:India

Address

Plot No. 14, TNHB, Tamil Nadu Housing Board 'A' Road, Sholinganallur, Chennai, TN, IND, 600 119

Website

https://www.hap.in

Hatsun Agro Product Ltd provides a range of dairy products for the areas of cooking and consumption. Its products include milk, curd, ice creams, dairy whitener, skimmed milk powder, ghee, paneer, cattle feed, and others. The firm markets its products under Arokya, Hatsun, Arun, and Ibaco brand names. The company operates in single-segment Milk and Milk products. The company derives the majority of its revenue from the Milk and Milk products segment. Geographically, it generates maximum revenue from India.

Hatsun Agro Product (BOM:531531) Headlines

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