Radico Khaitan (BOM:532497) Debt-to-Equity : 0.34 (As of Mar. 2024)

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What is Radico Khaitan Debt-to-Equity?

Radico Khaitan's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹4,671 Mil. Radico Khaitan's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹3,512 Mil. Radico Khaitan's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹24,396 Mil. Radico Khaitan's debt to equity for the quarter that ended in Mar. 2024 was 0.34.

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

BOM:532497' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1 Med: 0.34 Max: 0.99
Current: 0.34

During the past 13 years, the highest Debt-to-Equity Ratio of Radico Khaitan was 0.99. The lowest was 0.10. And the median was 0.34.

BOM:532497's Debt-to-Equity is ranked better than
55.49% of 182 companies
in the Beverages - Alcoholic industry
Industry Median: 0.385 vs BOM:532497: 0.34

Radico Khaitan Debt-to-Equity Historical Data

The historical data trend for Radico Khaitan'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.

Radico Khaitan Debt-to-Equity Chart

Radico Khaitan Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.27

0.16

0.10

0.34

Radico Khaitan 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															0.34	N/A	0.38	N/A	0.34

Competitive Comparison of Radico Khaitan's Debt-to-Equity

For the Beverages - Wineries & Distilleries subindustry, Radico Khaitan'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.

Radico Khaitan's Debt-to-Equity Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Radico Khaitan's Debt-to-Equity distribution charts can be found below:

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

Radico Khaitan Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Radico Khaitan'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
	=	(4671.27	+	3512.272)	/	24396.183
	=	0.34

Radico Khaitan'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
	=	(4671.27	+	3512.272)	/	24396.183
	=	0.34

Radico Khaitan (BOM:532497) 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.

Radico Khaitan Debt-to-Equity Related Terms

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Radico Khaitan (BOM:532497) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Radico Khaitan Ltd (BOM:532497) » Definitions » Debt-to-Equity

Traded in Other Exchanges

RADICO:India

Address

Mathura Road, Plot No. J-1, Block B-1, Mohan Co-operative Industrial Area, New Delhi, IND, 110044

Website

https://www.radicokhaitan.com

Radico Khaitan Ltd is an India-based liquor manufacturing company. Its products include whiskey, vodka, rum, brandy, and gin. The company's brand portfolio includes After Dark Whisky, Contessa Rum, Magic Moments Vodka, Morpheus Brandy, Old Admiral Brandy, and 8 PM Whisky. It has three distilleries in Rampur, Uttar Pradesh, and one in Aurangabad, Maharashtra. It produces extra neutral alcohol from molasses, as well as grain. It produces malt spirit and aged grain spirit, as well as matured malt spirit.

Radico Khaitan (BOM:532497) Headlines

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