D K Enterprises Global (NSE:DKEGL) Debt-to-Equity : 0.45 (As of Sep. 2023)

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What is D K Enterprises Global Debt-to-Equity?

D K Enterprises Global's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹60 Mil. D K Enterprises Global's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹44 Mil. D K Enterprises Global's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹228 Mil. D K Enterprises Global's debt to equity for the quarter that ended in Sep. 2023 was 0.45.

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 D K Enterprises Global's Debt-to-Equity or its related term are showing as below:

NSE:DKEGL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.41 Med: 0.55 Max: 1.69
Current: 0.45

During the past 4 years, the highest Debt-to-Equity Ratio of D K Enterprises Global was 1.69. The lowest was 0.41. And the median was 0.55.

NSE:DKEGL's Debt-to-Equity is ranked better than
50.43% of 345 companies
in the Packaging & Containers industry
Industry Median: 0.45 vs NSE:DKEGL: 0.45

D K Enterprises Global Debt-to-Equity Historical Data

The historical data trend for D K Enterprises Global'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.

D K Enterprises Global Debt-to-Equity Chart

D K Enterprises Global Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

1.69

0.97

0.55

0.41

D K Enterprises Global Semi-Annual Data
	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial			N/A	0.55	0.55	0.41	0.45

Competitive Comparison of D K Enterprises Global's Debt-to-Equity

For the Packaging & Containers subindustry, D K Enterprises Global'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.

D K Enterprises Global's Debt-to-Equity Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, D K Enterprises Global's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where D K Enterprises Global's Debt-to-Equity falls into.

D K Enterprises Global Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

D K Enterprises Global's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(45.475	+	43.96)	/	218.246
	=	0.41

D K Enterprises Global's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(60.051	+	43.625)	/	228.251
	=	0.45

D K Enterprises Global (NSE:DKEGL) 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.

D K Enterprises Global Debt-to-Equity Related Terms

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D K Enterprises Global (NSE:DKEGL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » D K Enterprises Global Ltd (NSE:DKEGL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot Number - 235, Industrial Area Phase-2, Panchkula, HR, IND, 134109

Website

https://www.dkenterprises.co.in

D K Enterprises Global Ltd manufactures paper-based packaging materials, self-adhesive tapes, and laminated products. The company operates in the business segment of BOPP Tape & laminates and Corrugated boxes & sleeve rolls. The company generates revenue from the BOPP tape and Laminates segment.

D K Enterprises Global (NSE:DKEGL) Headlines

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