Jocil (NSE:JOCIL) Debt-to-Equity : 0.02 (As of Sep. 2023)

View and export this data going back to 2008. Start your Free Trial

What is Jocil Debt-to-Equity?

Jocil's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹44 Mil. Jocil's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹0 Mil. Jocil's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹2,096 Mil. Jocil's debt to equity for the quarter that ended in Sep. 2023 was 0.02.

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

NSE:JOCIL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.05 Max: 0.17
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of Jocil was 0.17. The lowest was 0.01. And the median was 0.05.

NSE:JOCIL's Debt-to-Equity is ranked better than
95.57% of 1399 companies
in the Chemicals industry
Industry Median: 0.35 vs NSE:JOCIL: 0.02

Jocil Debt-to-Equity Historical Data

The historical data trend for Jocil'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.

Jocil Debt-to-Equity Chart

Jocil Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

Get a 7-Day Free Trial

0.05

0.01

0.02

0.01

Jocil Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															-	N/A	0.01	N/A	0.02

Competitive Comparison of Jocil's Debt-to-Equity

For the Specialty Chemicals subindustry, Jocil'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.

Jocil's Debt-to-Equity Distribution in the Chemicals Industry

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

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

Jocil Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Jocil'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
	=	(16.014	+	0)	/	2063.974
	=	0.01

Jocil'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
	=	(44.12	+	0)	/	2095.944
	=	0.02

Jocil (NSE:JOCIL) 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.

Jocil Debt-to-Equity Related Terms

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

Jocil (NSE:JOCIL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Jocil Ltd (NSE:JOCIL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dokiparru Village, Medikondur Mandal, Guntur, AP, IND, 522438

Website

https://www.jocil.in

Jocil Ltd is engaged in the manufacture of Stearic Acid, Fatty Acids, Refined Glycerine, Soap Noodles, Toilet Soap, Industrial Oxygen, and in the generation of Power from biomass and wind. Non-edible vegetable oils and fatty acid distillates, both indigenous and imported, are used as raw materials for the manufacture of the finished products. The products manufactured are marketed directly from the factory as well as through Depots and C & F Agents located in cities across the country. The company also undertakes to manufacture Soap Noodles and Toilet Soap on job work for reputed customers.

Jocil (NSE:JOCIL) Headlines

No Headlines