Kaira Can Co (BOM:504840) Debt-to-Equity : 0.00 (As of Mar. 2024)

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What is Kaira Can Co Debt-to-Equity?

Kaira Can Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0 Mil. Kaira Can Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0 Mil. Kaira Can Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹867 Mil. Kaira Can Co's debt to equity for the quarter that ended in Mar. 2024 was 0.00.

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 Kaira Can Co's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of Kaira Can Co was 0.42. The lowest was 0.01. And the median was 0.20.

BOM:504840's Debt-to-Equity is not ranked ^*
in the Packaging & Containers industry.
Industry Median: 0.44
* Ranked among companies with meaningful Debt-to-Equity only.

Kaira Can Co Debt-to-Equity Historical Data

The historical data trend for Kaira Can Co'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.

Kaira Can Co Debt-to-Equity Chart

Kaira Can Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.03

0.01

Kaira Can Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															-	N/A	-	N/A	-

Competitive Comparison of Kaira Can Co's Debt-to-Equity

For the Packaging & Containers subindustry, Kaira Can Co'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.

Kaira Can Co's Debt-to-Equity Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Kaira Can Co's Debt-to-Equity distribution charts can be found below:

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

Kaira Can Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kaira Can Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 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
	=	(0	+	0)	/	867.476
	=	0.00

Kaira Can Co's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(0	+	0)	/	867.476
	=	0.00

Kaira Can Co (BOM:504840) 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.

Kaira Can Co Debt-to-Equity Related Terms

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Kaira Can Co (BOM:504840) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Kaira Can Co Ltd (BOM:504840) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dr. E. Moses Road, ION House, Mahalaxmi, Mumbai, MH, IND, 400 011

Website

https://www.kairacan.com

Kaira Can Co Ltd is a manufacturer of metal containers in India. The company's operating segments include Tin Containers and Ice Cream Cones. The Tin Containers segment manufactures Open Top Sanitary Cans, General Line Metal Containers, and Components for Metal Containers. The Ice Cream Cones segment manufactures Rolled Sugar Cones for filling Ice cream. It generates maximum revenue from the Tin Containers segment. Geographically, it derives a majority of its revenue from India. The company products are used in Dairy Products, Processed Foods, Sweets, Printed Sheets and others.

Kaira Can Co (BOM:504840) Headlines

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