Engro (KAR:ENGRO) Debt-to-Equity : 0.97 (As of Mar. 2024)

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What is Engro Debt-to-Equity?

Engro's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₨29,462 Mil. Engro's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₨117,027 Mil. Engro's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₨150,851 Mil. Engro's debt to equity for the quarter that ended in Mar. 2024 was 0.97.

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

KAR:ENGRO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.56 Med: 1.38 Max: 2.23
Current: 0.97

During the past 13 years, the highest Debt-to-Equity Ratio of Engro was 2.23. The lowest was 0.56. And the median was 1.38.

KAR:ENGRO's Debt-to-Equity is ranked worse than
79.36% of 218 companies
in the Agriculture industry
Industry Median: 0.36 vs KAR:ENGRO: 0.97

Engro Debt-to-Equity Historical Data

The historical data trend for Engro'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.

Engro Debt-to-Equity Chart

Engro Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.67

1.52

1.73

2.06

Engro 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															1.99	2.23	1.99	2.06	0.97

Competitive Comparison of Engro's Debt-to-Equity

For the Agricultural Inputs subindustry, Engro'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.

Engro's Debt-to-Equity Distribution in the Agriculture Industry

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

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

Engro Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Engro's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 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
	=	(70837.156	+	228849.333)	/	145205.066
	=	2.06

Engro'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
	=	(29461.853	+	117027.144)	/	150850.815
	=	0.97

Engro (KAR:ENGRO) 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.

Engro Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Engro's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Engro (KAR:ENGRO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Engro Corp Ltd (KAR:ENGRO) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

HC No. 3, Marine Drive, Block 4, Clifton, 7th and 8th Floors, The Harbor Front Building, Karachi, SD, PAK, 75600

Website

https://www.engro.com

Engro Corp Ltd is a fertilizer company engaged in manufacturing and marketing fertilizers. Its portfolio consists of various businesses which include fertilizers, foods, chemical storage and handling, trading, energy and petrochemicals. The operating segment of the company is Fertilizer, Polymer, Terminal, Power and mining, Connectivity and telcom, and Other operations. It generates maximum revenue from the Fertilizer segment.

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