Jubilant Industries (BOM:533320) Debt-to-Equity : 0.69 (As of Mar. 2024)

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What is Jubilant Industries Debt-to-Equity?

Jubilant Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹1,329 Mil. Jubilant Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹291 Mil. Jubilant Industries's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹2,343 Mil. Jubilant Industries's debt to equity for the quarter that ended in Mar. 2024 was 0.69.

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 Jubilant Industries's Debt-to-Equity or its related term are showing as below:

BOM:533320' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.69 Med: 2.56 Max: 6.95
Current: 0.69

During the past 13 years, the highest Debt-to-Equity Ratio of Jubilant Industries was 6.95. The lowest was 0.69. And the median was 2.56.

BOM:533320's Debt-to-Equity is ranked worse than
71.38% of 1387 companies
in the Chemicals industry
Industry Median: 0.36 vs BOM:533320: 0.69

Jubilant Industries Debt-to-Equity Historical Data

The historical data trend for Jubilant Industries'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.

Jubilant Industries Debt-to-Equity Chart

Jubilant Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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2.01

1.70

1.08

0.94

0.69

Jubilant Industries 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															0.94	N/A	0.79	N/A	0.69

Competitive Comparison of Jubilant Industries's Debt-to-Equity

For the Specialty Chemicals subindustry, Jubilant Industries'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.

Jubilant Industries's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Jubilant Industries's Debt-to-Equity distribution charts can be found below:

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

Jubilant Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Jubilant Industries'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
	=	(1329.2	+	291)	/	2342.7
	=	0.69

Jubilant Industries'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
	=	(1329.2	+	291)	/	2342.7
	=	0.69

Jubilant Industries (BOM:533320) 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.

Jubilant Industries Debt-to-Equity Related Terms

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Jubilant Industries (BOM:533320) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Jubilant Industries Ltd (BOM:533320) » Definitions » Debt-to-Equity

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JUBLINDS:India

Address

1A, Sector 16A, Noida, UP, IND, 201 301

Website

https://www.jubilantindustries.com

Jubilant Industries Ltd is engaged in the manufacturing and sale of Agri, industrial polymers, and consumer products. Its product portfolio includes Crop Nutrition, Crop Growth Regulator and Crop Protection, Vinyl pyridine latex, Adhesives, Wood finishes, Speciality polymers, and food polymers. The company's operating segment include Performance Polymers and Agri Products. It generates maximum revenue from the Performance Polymers segment. Performance Polymers segment includes Adhesives and Wood Finishes, Food Polymer (Solid PVA) and Latex.

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