Command Polymers (BOM:543843) Debt-to-Equity : 0.24 (As of Sep. 2023)

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What is Command Polymers Debt-to-Equity?

Command Polymers's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹28.82 Mil. Command Polymers's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹11.00 Mil. Command Polymers's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹164.46 Mil. Command Polymers's debt to equity for the quarter that ended in Sep. 2023 was 0.24.

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 Command Polymers's Debt-to-Equity or its related term are showing as below:

BOM:543843' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.24 Med: 0.51 Max: 0.71
Current: 0.24

During the past 4 years, the highest Debt-to-Equity Ratio of Command Polymers was 0.71. The lowest was 0.24. And the median was 0.51.

BOM:543843's Debt-to-Equity is ranked better than
60.83% of 1394 companies
in the Chemicals industry
Industry Median: 0.355 vs BOM:543843: 0.24

Command Polymers Debt-to-Equity Historical Data

The historical data trend for Command Polymers'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.

Command Polymers Debt-to-Equity Chart

Command Polymers Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

0.26

0.55

0.71

0.46

Command Polymers Quarterly Data
	Mar20	Mar21	Mar22	Dec22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial			0.55	0.71	0.68	0.46	0.24

Competitive Comparison of Command Polymers's Debt-to-Equity

For the Specialty Chemicals subindustry, Command Polymers'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.

Command Polymers's Debt-to-Equity Distribution in the Chemicals Industry

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

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

Command Polymers Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Command Polymers'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
	=	(45.104	+	34.124)	/	171.211
	=	0.46

Command Polymers'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
	=	(28.821	+	10.996)	/	164.461
	=	0.24

Command Polymers (BOM:543843) 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.

Command Polymers Debt-to-Equity Related Terms

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Command Polymers (BOM:543843) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Command Polymers Ltd (BOM:543843) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mouza Malancha, J.L.No.87, P.O. Narayanpur, P.S Bhangar, District 24 Parganas (South), Kolkata, WB, IND, 743502

Website

https://www.commandpolymers.com

Command Polymers Ltd is in the business of marketing and manufacturing of Polymer-based products. These products include Polythene LF tubes, Tarpaulin sheets, Polyester Fabrics, and other polymers.

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