Sungarner Energies (NSE:SEL) Debt-to-Equity : 1.32 (As of Mar. 2023)

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What is Sungarner Energies Debt-to-Equity?

Sungarner Energies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹40.3 Mil. Sungarner Energies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹2.1 Mil. Sungarner Energies's Total Stockholders Equity for the quarter that ended in Mar. 2023 was ₹32.1 Mil. Sungarner Energies's debt to equity for the quarter that ended in Mar. 2023 was 1.32.

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

NSE:SEL' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.05 Med: 1.39 Max: 1.45
Current: 1.32

During the past 4 years, the highest Debt-to-Equity Ratio of Sungarner Energies was 1.45. The lowest was 1.05. And the median was 1.39.

NSE:SEL's Debt-to-Equity is ranked worse than
91.54% of 2613 companies
in the Industrial Products industry
Industry Median: 0.28 vs NSE:SEL: 1.32

Sungarner Energies Debt-to-Equity Historical Data

The historical data trend for Sungarner Energies'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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Sungarner Energies Debt-to-Equity Chart

Sungarner Energies Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

1.05

1.45

1.32

Sungarner Energies Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23
Debt-to-Equity	1.05	1.45	1.45	1.32

Competitive Comparison of Sungarner Energies's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, Sungarner Energies'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.

Sungarner Energies's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sungarner Energies's Debt-to-Equity distribution charts can be found below:

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

Sungarner Energies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sungarner Energies'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
	=	(40.326	+	2.08)	/	32.055
	=	1.32

Sungarner Energies's Debt to Equity Ratio for the quarter 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
	=	(40.326	+	2.08)	/	32.055
	=	1.32

Sungarner Energies (NSE:SEL) 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.

Sungarner Energies Debt-to-Equity Related Terms

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

Sungarner Energies (NSE:SEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sungarner Energies Ltd (NSE:SEL) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Plot No. 113, Udyog Kendra-II, Gautam Budh Nagar, Greater Noida, UP, IND, 201306

Website

https://www.sungarner.com

Sungarner Energies Ltd offers a wide range of power solutions. It is engaged in the manufacturing, design, and engineering of Power Equipments and Appliances such as Online UPS, Solar Inverters, EV Chargers, Storage Solutions ( Lead Acid and Lithium-ion), Solar Equipment, and Installation and Commissioning of Solar Power Plants.

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