M V K Agro food product (NSE:MVKAGRO) Debt-to-Equity : 3.55 (As of Sep. 2023)

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What is M V K Agro food product Debt-to-Equity?

M V K Agro food product's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹164.8 Mil. M V K Agro food product's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹463.4 Mil. M V K Agro food product's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹176.8 Mil. M V K Agro food product's debt to equity for the quarter that ended in Sep. 2023 was 3.55.

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 M V K Agro food product's Debt-to-Equity or its related term are showing as below:

NSE:MVKAGRO' s Debt-to-Equity Range Over the Past 10 Years
Min: 3.55 Med: 6.55 Max: 11.71
Current: 3.55

During the past 3 years, the highest Debt-to-Equity Ratio of M V K Agro food product was 11.71. The lowest was 3.55. And the median was 6.55.

NSE:MVKAGRO's Debt-to-Equity is ranked worse than
96.97% of 1648 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs NSE:MVKAGRO: 3.55

M V K Agro food product Debt-to-Equity Historical Data

The historical data trend for M V K Agro food product'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.

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M V K Agro food product Debt-to-Equity Chart

M V K Agro food product Annual Data

Trend

Mar21

Mar22

Mar23

Debt-to-Equity

11.71

6.25

6.85

M V K Agro food product Quarterly Data
	Mar21	Mar22	Mar23	Sep23
Debt-to-Equity	11.71	6.25	6.85	3.55

Competitive Comparison of M V K Agro food product's Debt-to-Equity

For the Confectioners subindustry, M V K Agro food product'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.

M V K Agro food product's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, M V K Agro food product's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where M V K Agro food product's Debt-to-Equity falls into.

M V K Agro food product Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

M V K Agro food product'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
	=	(459.49	+	456.12)	/	133.767
	=	6.84

M V K Agro food product'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
	=	(164.753	+	463.371)	/	176.774
	=	3.55

M V K Agro food product (NSE:MVKAGRO) 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.

M V K Agro food product Debt-to-Equity Related Terms

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M V K Agro food product (NSE:MVKAGRO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » M V K Agro food product Ltd (NSE:MVKAGRO) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

GUT No. 44 and 46, Kusumnagar, At Post Waghalwada, Umari, Nanded, MH, IND, 431807

Website

https://www.mvkagrofood.com

M V K Agro food product Ltd is a sugar and other allied products manufacturing company. It manufactures sugar and also sells by-products and waste products, namely, Molasses, Bagasse, and Pressmud, and is also engaged in the generation of Power for captive consumption. The company has two segments, namely Sugar and its by-products/waste products from which the sugar segment generates maximum revenue.

M V K Agro food product (NSE:MVKAGRO) Headlines

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