Gujarat Fluorochemicals (BOM:542812) Debt-to-Equity : 0.35 (As of Mar. 2024)

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What is Gujarat Fluorochemicals Debt-to-Equity?

Gujarat Fluorochemicals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹16,331 Mil. Gujarat Fluorochemicals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹4,629 Mil. Gujarat Fluorochemicals's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹59,363 Mil. Gujarat Fluorochemicals's debt to equity for the quarter that ended in Mar. 2024 was 0.35.

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 Gujarat Fluorochemicals's Debt-to-Equity or its related term are showing as below:

BOM:542812' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.27 Med: 0.36 Max: 0.46
Current: 0.35

During the past 6 years, the highest Debt-to-Equity Ratio of Gujarat Fluorochemicals was 0.46. The lowest was 0.27. And the median was 0.36.

BOM:542812's Debt-to-Equity is ranked better than
51.11% of 1391 companies
in the Chemicals industry
Industry Median: 0.35 vs BOM:542812: 0.35

Gujarat Fluorochemicals Debt-to-Equity Historical Data

The historical data trend for Gujarat Fluorochemicals'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.

Gujarat Fluorochemicals Debt-to-Equity Chart

Gujarat Fluorochemicals Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.46

0.37

0.27

0.35

Gujarat Fluorochemicals 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															0.27	N/A	0.29	N/A	0.35

Competitive Comparison of Gujarat Fluorochemicals's Debt-to-Equity

For the Specialty Chemicals subindustry, Gujarat Fluorochemicals'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.

Gujarat Fluorochemicals's Debt-to-Equity Distribution in the Chemicals Industry

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

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

Gujarat Fluorochemicals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Gujarat Fluorochemicals'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
	=	(16330.8	+	4628.7)	/	59363.4
	=	0.35

Gujarat Fluorochemicals'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
	=	(16330.8	+	4628.7)	/	59363.4
	=	0.35

Gujarat Fluorochemicals (BOM:542812) 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.

Gujarat Fluorochemicals Debt-to-Equity Related Terms

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

Gujarat Fluorochemicals (BOM:542812) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Gujarat Fluorochemicals Ltd (BOM:542812) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

FLUOROCHEM:India

Address

INOX Towers, Plot No. 17, Sector 16-A, Noida, UP, IND, 201301

Website

https://www.gfl.co.in

Gujarat Fluorochemicals Ltd is a producer of chloromethanes, refrigerants, caustic soda, and Polytetrafluoro-ethylene in India. It is fully focused on and diversified within fluorine chemistry, making refrigerant gases, fluoro intermediates, and a host of fluoropolymers. The company's products categories include Bulk chemicals, Fluorochemicals, and Fluoropolymer. The company generates the majority of its revenue from Fluoropolymer products. Geographically the company has a presence in India, Europe, the USA, and the Rest of the world, where the majority of its revenue is generated from India.

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