Ushanti Colour Chem (NSE:UCL) Debt-to-Equity : 1.01 (As of Sep. 2023)

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What is Ushanti Colour Chem Debt-to-Equity?

Ushanti Colour Chem's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹190.8 Mil. Ushanti Colour Chem's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹265.8 Mil. Ushanti Colour Chem's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹454.0 Mil. Ushanti Colour Chem's debt to equity for the quarter that ended in Sep. 2023 was 1.01.

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 Ushanti Colour Chem's Debt-to-Equity or its related term are showing as below:

NSE:UCL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.2 Med: 0.7 Max: 2.18
Current: 1.01

During the past 11 years, the highest Debt-to-Equity Ratio of Ushanti Colour Chem was 2.18. The lowest was 0.20. And the median was 0.70.

NSE:UCL's Debt-to-Equity is ranked worse than
84.7% of 1392 companies
in the Chemicals industry
Industry Median: 0.35 vs NSE:UCL: 1.01

Ushanti Colour Chem Debt-to-Equity Historical Data

The historical data trend for Ushanti Colour Chem'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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Ushanti Colour Chem Debt-to-Equity Chart

Ushanti Colour Chem Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.44

0.49

0.51

0.87

Ushanti Colour Chem Semi-Annual Data
	Mar13	Mar14	Mar15	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial													0.43	0.51	1.05	0.87	1.01

Competitive Comparison of Ushanti Colour Chem's Debt-to-Equity

For the Specialty Chemicals subindustry, Ushanti Colour Chem'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.

Ushanti Colour Chem's Debt-to-Equity Distribution in the Chemicals Industry

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

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

Ushanti Colour Chem Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ushanti Colour Chem'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
	=	(116.233	+	288.576)	/	466.108
	=	0.87

Ushanti Colour Chem'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
	=	(190.847	+	265.783)	/	454.041
	=	1.01

Ushanti Colour Chem (NSE:UCL) 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.

Ushanti Colour Chem Debt-to-Equity Related Terms

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Ushanti Colour Chem (NSE:UCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Ushanti Colour Chem Ltd (NSE:UCL) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

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Address

88/8, Phase - 1, GIDC, Vatva, Ahmedabad, GJ, IND, 382445

Website

http://www.ushanti.com

Ushanti Colour Chem Ltd is engaged in the business of manufacturing and trading of dyestuffs. It manufactures reactive and direct dyestuffs. It also manufactures copper phthalocyamine, blue crude used for manufacturing dyestuffs. The company caters to textile, garment, cotton, leather, nylon, paper, wool, ink, wood, plastic and paint industries.