RDB Rasayans (BOM:533608) Debt-to-Equity : 0.01 (As of Mar. 2024)

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What is RDB Rasayans Debt-to-Equity?

RDB Rasayans's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹8 Mil. RDB Rasayans's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0 Mil. RDB Rasayans's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹1,865 Mil. RDB Rasayans'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 RDB Rasayans's Debt-to-Equity or its related term are showing as below:

BOM:533608' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.12 Max: 0.25
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of RDB Rasayans was 0.25. The lowest was 0.01. And the median was 0.12.

BOM:533608's Debt-to-Equity is ranked better than
99.71% of 347 companies
in the Packaging & Containers industry
Industry Median: 0.44 vs BOM:533608: 0.01

RDB Rasayans Debt-to-Equity Historical Data

The historical data trend for RDB Rasayans'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.

RDB Rasayans Debt-to-Equity Chart

RDB Rasayans Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.04

0.09

0.03

0.01

RDB Rasayans 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	0.01

Competitive Comparison of RDB Rasayans's Debt-to-Equity

For the Packaging & Containers subindustry, RDB Rasayans'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.

RDB Rasayans's Debt-to-Equity Distribution in the Packaging & Containers Industry

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

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

RDB Rasayans Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

RDB Rasayans'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
	=	(8.446	+	0.425)	/	1864.821
	=	0.00

RDB Rasayans'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
	=	(8.446	+	0.425)	/	1864.821
	=	0.00

RDB Rasayans (BOM:533608) 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.

RDB Rasayans Debt-to-Equity Related Terms

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

RDB Rasayans (BOM:533608) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » RDB Rasayans Ltd (BOM:533608) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

8/1 Lal Bazar Street, Bikaner Building, 3rd Floor, Room No. 9, Kolkata, WB, IND, 700001

Website

http://www.rdbgroup.in

RDB Rasayans Ltd is a manufacturer of polymer-based woven bags & FIBC (Jumbo bags) in India. It is engaged in the manufacturing of woven sacks, fabric, flexible intermediate bulk container (FIBC) and liner. Its woven sacks products include food grade bags, fertilizer bags, sugar bags, standard cement bags, and tea/coffee bags. Its fabric products include un-laminate and laminate fabric, ventilated fabric, transparent fabric, and polypropylene (PP) and jute mix fabric. Its FIBC products include circular bags, pallet-less baffle bags, sleeve bags, potato's bags, conical bags and asbestos bags. Geographically the company generates the majority of its revenue Within India.

RDB Rasayans (BOM:533608) Headlines

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