Ducol Organics And Colours (NSE:DUCOL) Debt-to-Equity : 0.30 (As of Sep. 2023)

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What is Ducol Organics And Colours Debt-to-Equity?

Ducol Organics And Colours's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹99.9 Mil. Ducol Organics And Colours's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹78.7 Mil. Ducol Organics And Colours's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹601.3 Mil. Ducol Organics And Colours's debt to equity for the quarter that ended in Sep. 2023 was 0.30.

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 Ducol Organics And Colours's Debt-to-Equity or its related term are showing as below:

NSE:DUCOL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.22 Med: 0.72 Max: 1.7
Current: 0.3

During the past 4 years, the highest Debt-to-Equity Ratio of Ducol Organics And Colours was 1.70. The lowest was 0.22. And the median was 0.72.

NSE:DUCOL's Debt-to-Equity is ranked better than
55.09% of 1396 companies
in the Chemicals industry
Industry Median: 0.35 vs NSE:DUCOL: 0.30

Ducol Organics And Colours Debt-to-Equity Historical Data

The historical data trend for Ducol Organics And Colours'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.

Ducol Organics And Colours Debt-to-Equity Chart

Ducol Organics And Colours Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

1.70

0.98

0.90

0.22

Ducol Organics And Colours Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial			0.98	0.90	0.53	0.22	0.30

Competitive Comparison of Ducol Organics And Colours's Debt-to-Equity

For the Specialty Chemicals subindustry, Ducol Organics And Colours'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.

Ducol Organics And Colours's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ducol Organics And Colours's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Ducol Organics And Colours's Debt-to-Equity falls into.

Ducol Organics And Colours Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ducol Organics And Colours'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
	=	(31.407	+	96.58)	/	594.047
	=	0.22

Ducol Organics And Colours'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
	=	(99.898	+	78.658)	/	601.287
	=	0.30

Ducol Organics And Colours (NSE:DUCOL) 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.

Ducol Organics And Colours Debt-to-Equity Related Terms

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Ducol Organics And Colours (NSE:DUCOL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Ducol Organics And Colours Ltd (NSE:DUCOL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot No. 22/2, Taloja, Taluka Panvel, Raigad, MH, IND

Website

https://www.ducol.com

Ducol Organics And Colours Ltd is engaged in the business of manufacturing and selling pigment dispersions, preparations, concentrates, paste colorants, and masterbatches. The company offers a range of pigment dispersions for various industries like Paints, Inks, Textiles, Detergent, Paper, Rubber, and Plastics. color solutions for various industries like paints, ink, textiles, rubber, plastic, leather, paper, soaps, detergents, and FMCG.

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