DCM Shriram Industries (BOM:523369) Debt-to-Equity : 0.65 (As of Mar. 2024)

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What is DCM Shriram Industries Debt-to-Equity?

DCM Shriram Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹4,821 Mil. DCM Shriram Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹469 Mil. DCM Shriram Industries's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹8,154 Mil. DCM Shriram Industries's debt to equity for the quarter that ended in Mar. 2024 was 0.65.

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 DCM Shriram Industries's Debt-to-Equity or its related term are showing as below:

BOM:523369' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.65 Med: 0.95 Max: 1.61
Current: 0.65

During the past 13 years, the highest Debt-to-Equity Ratio of DCM Shriram Industries was 1.61. The lowest was 0.65. And the median was 0.95.

BOM:523369's Debt-to-Equity is ranked worse than
63.93% of 1644 companies
in the Consumer Packaged Goods industry
Industry Median: 0.405 vs BOM:523369: 0.65

DCM Shriram Industries Debt-to-Equity Historical Data

The historical data trend for DCM Shriram Industries'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.

DCM Shriram Industries Debt-to-Equity Chart

DCM Shriram Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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1.10

0.82

0.83

0.71

0.65

DCM Shriram Industries 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															0.71	N/A	0.41	N/A	0.65

Competitive Comparison of DCM Shriram Industries's Debt-to-Equity

For the Confectioners subindustry, DCM Shriram Industries'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.

DCM Shriram Industries's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, DCM Shriram Industries's Debt-to-Equity distribution charts can be found below:

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

DCM Shriram Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

DCM Shriram Industries'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
	=	(4821.3	+	468.9)	/	8153.8
	=	0.65

DCM Shriram Industries'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
	=	(4821.3	+	468.9)	/	8153.8
	=	0.65

DCM Shriram Industries (BOM:523369) 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.

DCM Shriram Industries Debt-to-Equity Related Terms

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DCM Shriram Industries (BOM:523369) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » DCM Shriram Industries Ltd (BOM:523369) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

DCMSRIND:India

Address

18, Barakhamba Road, 5th Floor, Kanchenjunga Building, New Delhi, IND, 110001

Website

https://www.dcmsr.com

DCM Shriram Industries Ltd is engaged in the manufacturing of sugar. The company's operating segment includes Sugar; Industrial fibres and related products and Chemicals. The company generates maximum revenue from the Sugar segment. The sugar segment of the company comprising of sugar, power, and alcohols, the industrial fibers and related products segment comprising of rayon, synthetic yarn, cord, fabric, and others, and the chemicals segment comprising of organics and fine chemicals. Geographically, the company derives a majority of its revenue from India and also has a presence in Europe; China, and the Rest of the World.

DCM Shriram Industries (BOM:523369) Headlines

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