Engro Fertilizers (KAR:EFERT) Debt-to-Equity : 0.13 (As of Mar. 2024)

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What is Engro Fertilizers Debt-to-Equity?

Engro Fertilizers's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₨3,057 Mil. Engro Fertilizers's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₨3,271 Mil. Engro Fertilizers's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₨48,004 Mil. Engro Fertilizers's debt to equity for the quarter that ended in Mar. 2024 was 0.13.

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 Engro Fertilizers's Debt-to-Equity or its related term are showing as below:

KAR:EFERT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13 Med: 0.66 Max: 1.69
Current: 0.13

During the past 11 years, the highest Debt-to-Equity Ratio of Engro Fertilizers was 1.69. The lowest was 0.13. And the median was 0.66.

KAR:EFERT's Debt-to-Equity is ranked better than
75.35% of 215 companies
in the Agriculture industry
Industry Median: 0.37 vs KAR:EFERT: 0.13

Engro Fertilizers Debt-to-Equity Historical Data

The historical data trend for Engro Fertilizers'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.

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Engro Fertilizers Debt-to-Equity Chart

Engro Fertilizers Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.17

0.54

0.56

0.48

0.14

Engro Fertilizers 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															0.29	0.59	0.22	0.14	0.13

Competitive Comparison of Engro Fertilizers's Debt-to-Equity

For the Agricultural Inputs subindustry, Engro Fertilizers'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.

Engro Fertilizers's Debt-to-Equity Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Engro Fertilizers's Debt-to-Equity distribution charts can be found below:

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

Engro Fertilizers Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Engro Fertilizers's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(3245.124	+	3267.427)	/	47902.755
	=	0.14

Engro Fertilizers'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
	=	(3056.842	+	3271.481)	/	48004.21
	=	0.13

Engro Fertilizers (KAR:EFERT) 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.

Engro Fertilizers Debt-to-Equity Related Terms

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

Engro Fertilizers (KAR:EFERT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Engro Fertilizers Ltd (KAR:EFERT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot No HC No-3, Marine Drive, Block 4, 7th & 8th Floor, The Harbor Front Building, Scheme Number 5, Clifton, Karachi, SD, PAK, 75600

Website

https://www.engrofertilizers.com

Engro Fertilizers Ltd is a Pakistan-based company mainly involved in the manufacturing, purchasing, and marketing of fertilizers, seeds, and pesticides and providing logistics services. It operates in five segments: Urea, Phosphates, Specialty Fertilizers Business, Crop Sciences division, and E-logistics. The company offers different ranges of products under brand names such as Engro Urea, Engro DAP, Engro NP, Engro Envy, Engro Zarkhez, Engro MOP, and Zingro.

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