Ruchira Papers (BOM:532785) Debt-to-Equity : 0.11 (As of Mar. 2024)

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What is Ruchira Papers Debt-to-Equity?

Ruchira Papers's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹393 Mil. Ruchira Papers's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹50 Mil. Ruchira Papers's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹4,143 Mil. Ruchira Papers's debt to equity for the quarter that ended in Mar. 2024 was 0.11.

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

BOM:532785' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11 Med: 0.29 Max: 0.59
Current: 0.11

During the past 13 years, the highest Debt-to-Equity Ratio of Ruchira Papers was 0.59. The lowest was 0.11. And the median was 0.29.

BOM:532785's Debt-to-Equity is ranked better than
82.26% of 265 companies
in the Forest Products industry
Industry Median: 0.48 vs BOM:532785: 0.11

Ruchira Papers Debt-to-Equity Historical Data

The historical data trend for Ruchira Papers'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.

Ruchira Papers Debt-to-Equity Chart

Ruchira Papers Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.26

0.28

0.21

0.11

Ruchira Papers Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															N/A	0.11	N/A	N/A	0.11

Competitive Comparison of Ruchira Papers's Debt-to-Equity

For the Paper & Paper Products subindustry, Ruchira Papers'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.

Ruchira Papers's Debt-to-Equity Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Ruchira Papers's Debt-to-Equity distribution charts can be found below:

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

Ruchira Papers Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ruchira Papers'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
	=	(392.843	+	50.208)	/	4142.786
	=	0.11

Ruchira Papers'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
	=	(392.843	+	50.208)	/	4142.786
	=	0.11

Ruchira Papers (BOM:532785) 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.

Ruchira Papers Debt-to-Equity Related Terms

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Ruchira Papers (BOM:532785) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Ruchira Papers Ltd (BOM:532785) » Definitions » Debt-to-Equity

Traded in Other Exchanges

RUCHIRA:India

Address

21-22, New Professors Colony, Yamuna Nagar, HR, IND, 135001

Website

https://www.ruchirapapers.com

Ruchira Papers Ltd is engaged in the paper manufacturing business. The company is engaged in the manufacturing of kraft paper, writing, and printing paper. Its white writing and printing paper are used in the fabrication of notebooks and writing material while kraft paper finds its application in the packaging industry especially for making boxes/cartons and for other packaging requirements. The coloured paper is used in the fabrication of spiral notebooks, wedding cards, shade cards, children's colouring books, coloured copier paper and bill books. Geographically, it derives a majority of its revenue from India. The company operates in only one main segment, which is the manufacturing of paper.

Ruchira Papers (BOM:532785) Headlines

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