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Machhar Industries (BOM:543934) Debt-to-Equity : 0.14 (As of Sep. 2023)


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What is Machhar Industries Debt-to-Equity?

Machhar Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹6.7 Mil. Machhar Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹9.3 Mil. Machhar Industries's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹115.5 Mil. Machhar Industries's debt to equity for the quarter that ended in Sep. 2023 was 0.14.

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

BOM:543934' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.15   Max: 0.22
Current: 0.14

During the past 5 years, the highest Debt-to-Equity Ratio of Machhar Industries was 0.22. The lowest was 0.01. And the median was 0.15.

BOM:543934's Debt-to-Equity is ranked better than
72.24% of 1394 companies
in the Chemicals industry
Industry Median: 0.355 vs BOM:543934: 0.14

Machhar Industries Debt-to-Equity Historical Data

The historical data trend for Machhar 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.

Machhar Industries Debt-to-Equity Chart

Machhar Industries Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
0.17 0.22 0.14 0.01 0.15

Machhar Industries Semi-Annual Data
Mar19 Mar20 Mar21 Mar22 Sep22 Mar23 Sep23
Debt-to-Equity Get a 7-Day Free Trial 0.14 0.01 N/A 0.15 0.14

Competitive Comparison of Machhar Industries's Debt-to-Equity

For the Specialty Chemicals subindustry, Machhar 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.


Machhar Industries's Debt-to-Equity Distribution in the Chemicals Industry

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

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



Machhar Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Machhar Industries's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Machhar Industries's Debt to Equity Ratio for the quarter that ended in Sep. 2023 is calculated as

* 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.


Machhar Industries  (BOM:543934) 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.


Machhar Industries Debt-to-Equity Related Terms

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Machhar Industries (BOM:543934) Business Description

Traded in Other Exchanges
N/A
Address
Jalna Road, Mondha Naka, City Pride Building, 1st Floor, FF-107, Above Domino’s, Aurangabad, MH, IND, 431001
Machhar Industries Ltd operates with three distinct divisions: the explosive division, the transportation division, and Adblue (DEF). The company generates maximum revenue from the Transportation division.

Machhar Industries (BOM:543934) Headlines

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