Bhatia Colour Chem (BOM:543497) Debt-to-Equity : 0.20 (As of Sep. 2023)

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What is Bhatia Colour Chem Debt-to-Equity?

Bhatia Colour Chem's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹5 Mil. Bhatia Colour Chem's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹113 Mil. Bhatia Colour Chem's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹606 Mil. Bhatia Colour Chem's debt to equity for the quarter that ended in Sep. 2023 was 0.19.

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

BOM:543497' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.2 Med: 0.43 Max: 1.14
Current: 0.2

During the past 2 years, the highest Debt-to-Equity Ratio of Bhatia Colour Chem was 1.14. The lowest was 0.20. And the median was 0.43.

BOM:543497's Debt-to-Equity is ranked better than
65.09% of 1392 companies
in the Chemicals industry
Industry Median: 0.35 vs BOM:543497: 0.20

Bhatia Colour Chem Debt-to-Equity Historical Data

The historical data trend for Bhatia 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.

* Premium members only.

Bhatia Colour Chem Debt-to-Equity Chart

Bhatia Colour Chem Annual Data

Trend

Mar22

Mar23

Debt-to-Equity

1.14

0.33

Bhatia Colour Chem Semi-Annual Data
	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	N/A	1.14	0.53	0.33	0.20

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

For the Specialty Chemicals subindustry, Bhatia 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.

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

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

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

Bhatia Colour Chem Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bhatia 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
	=	(4.583	+	193.065)	/	591.631
	=	0.33

Bhatia 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
	=	(4.887	+	113.331)	/	606.441
	=	0.19

Bhatia Colour Chem (BOM:543497) 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.

Bhatia Colour Chem Debt-to-Equity Related Terms

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Bhatia Colour Chem (BOM:543497) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Bhatia Colour Chem Ltd (BOM:543497) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Road No. 1 Udhna Udhyog, Plot No. Plot No. A/2/12, Sangh, Udhna, Surat, GJ, IND, 394210

Website

https://www.bccl.info

Bhatia Colour Chem Ltd Ltd specializes in the trading and manufacturing of chemicals, dyes, and auxiliary products. The company produces Value Added Printing Products, Textile Auxiliaries and Chemicals, Foil Binders, Glitter Powder, Printing Inks, and Zari Binders with a variety of ranges and specialization as per the demand of the client. The products are mainly useful for the printing on Textile materials like Polyester and Cotton which includes, ambos on T-shirts, Zari Prints, and shading.

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