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Shree Renuka Sugars (BOM:532670) Debt-to-Equity : N/A (As of Dec. 2023)


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What is Shree Renuka Sugars Debt-to-Equity?

Shree Renuka Sugars's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Shree Renuka Sugars's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Shree Renuka Sugars's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹0 Mil.

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 Shree Renuka Sugars's Debt-to-Equity or its related term are showing as below:

BOM:532670' s Debt-to-Equity Range Over the Past 10 Years
Min: -19.26   Med: -4.74   Max: -0.97
Current: -4.37

During the past 13 years, the highest Debt-to-Equity Ratio of Shree Renuka Sugars was -0.97. The lowest was -19.26. And the median was -4.74.

BOM:532670's Debt-to-Equity is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 0.41 vs BOM:532670: -4.37

Shree Renuka Sugars Debt-to-Equity Historical Data

The historical data trend for Shree Renuka Sugars'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.

Shree Renuka Sugars Debt-to-Equity Chart

Shree Renuka Sugars Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.97 -3.52 -6.71 -8.61 -6.32

Shree Renuka Sugars Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A -6.32 N/A -4.37 N/A

Competitive Comparison of Shree Renuka Sugars's Debt-to-Equity

For the Confectioners subindustry, Shree Renuka Sugars'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.


Shree Renuka Sugars's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

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

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



Shree Renuka Sugars Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shree Renuka Sugars's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Shree Renuka Sugars's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Shree Renuka Sugars  (BOM:532670) 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.


Shree Renuka Sugars Debt-to-Equity Related Terms

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Shree Renuka Sugars (BOM:532670) Business Description

Traded in Other Exchanges
Address
Dr. Annie Besant Road, 7th Floor, Devchand House, Shiv Sagar Estate, Worli, Mumbai, MH, IND, 400018
Shree Renuka Sugars Ltd is an agribusiness and bio-energy company. The company's operating segment includes sugar - milling; sugar - refinery; trading; co-generation; distillery; engineering and others. It generates maximum revenue from the sugar refinery segment.

Shree Renuka Sugars (BOM:532670) Headlines

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