Dangote Sugar Refinery (NSA:DSRP) Debt-to-Equity : 1.29 (As of Dec. 2022)

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What is Dangote Sugar Refinery Debt-to-Equity?

Dangote Sugar Refinery's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was ₦219,467 Mil. Dangote Sugar Refinery's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was ₦532 Mil. Dangote Sugar Refinery's Total Stockholders Equity for the quarter that ended in Dec. 2022 was ₦171,239 Mil. Dangote Sugar Refinery's debt to equity for the quarter that ended in Dec. 2022 was 1.28.

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 Dangote Sugar Refinery's Debt-to-Equity or its related term are showing as below:

NSA:DSRP' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.04 Max: 1.29
Current: 1.29

During the past 13 years, the highest Debt-to-Equity Ratio of Dangote Sugar Refinery was 1.29. The lowest was 0.02. And the median was 0.04.

NSA:DSRP's Debt-to-Equity is ranked worse than
84.03% of 1647 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs NSA:DSRP: 1.29

Dangote Sugar Refinery Debt-to-Equity Historical Data

The historical data trend for Dangote Sugar Refinery'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.

Dangote Sugar Refinery Debt-to-Equity Chart

Dangote Sugar Refinery Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.02

0.03

0.78

1.23

1.29

Dangote Sugar Refinery Semi-Annual Data
	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Debt-to-Equity	Get a 7-Day Free Trial										0.02	0.03	0.78	1.23	1.29

Competitive Comparison of Dangote Sugar Refinery's Debt-to-Equity

For the Confectioners subindustry, Dangote Sugar Refinery'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.

Dangote Sugar Refinery's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Dangote Sugar Refinery's Debt-to-Equity distribution charts can be found below:

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

Dangote Sugar Refinery Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Dangote Sugar Refinery's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(219467.474	+	531.563)	/	171239.2
	=	1.28

Dangote Sugar Refinery's Debt to Equity Ratio for the quarter that ended in Dec. 2022 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
	=	(219467.474	+	531.563)	/	171239.2
	=	1.28

Dangote Sugar Refinery (NSA:DSRP) 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.

Dangote Sugar Refinery Debt-to-Equity Related Terms

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

Dangote Sugar Refinery (NSA:DSRP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Dangote Sugar Refinery PLC (NSA:DSRP) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Terminal E, Shed 20, 3rd Floor, GDNL Administrative Building, NPA Wharf Port Complex, Apapa, Lagos, NGA

Website

https://sugar.dangote.com

Dangote Sugar Refinery PLC is engaged in refining raw sugar into edible sugar and selling refined sugar. The company is also engaged in the cultivation and milling of sugar cane to finished sugar. Its geographical segments include Northern Nigeria, Western Nigeria, Eastern Nigeria, and Lagos. The company derives a majority of revenue from the Northern Nigeria region.

Dangote Sugar Refinery (NSA:DSRP) Headlines

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