Navin Fluorine International (NSE:NAVINFLUOR) Debt-to-Equity : 0.57 (As of Mar. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Navin Fluorine International Debt-to-Equity?

Navin Fluorine International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹3,283 Mil. Navin Fluorine International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹10,402 Mil. Navin Fluorine International's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹23,827 Mil. Navin Fluorine International's debt to equity for the quarter that ended in Mar. 2024 was 0.57.

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 Navin Fluorine International's Debt-to-Equity or its related term are showing as below:

NSE:NAVINFLUOR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.04 Max: 0.57
Current: 0.57

During the past 13 years, the highest Debt-to-Equity Ratio of Navin Fluorine International was 0.57. The lowest was 0.00. And the median was 0.04.

NSE:NAVINFLUOR's Debt-to-Equity is ranked worse than
65.83% of 1396 companies
in the Chemicals industry
Industry Median: 0.35 vs NSE:NAVINFLUOR: 0.57

Navin Fluorine International Debt-to-Equity Historical Data

The historical data trend for Navin Fluorine International'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.

Navin Fluorine International Debt-to-Equity Chart

Navin Fluorine International Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

Get a 7-Day Free Trial

0.02

0.07

0.39

0.57

Navin Fluorine International Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															N/A	0.39	0.56	N/A	0.57

Competitive Comparison of Navin Fluorine International's Debt-to-Equity

For the Chemicals subindustry, Navin Fluorine International'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.

Navin Fluorine International's Debt-to-Equity Distribution in the Chemicals Industry

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

* The bar in red indicates where Navin Fluorine International's Debt-to-Equity falls into.

Navin Fluorine International Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Navin Fluorine International'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
	=	(3283	+	10401.6)	/	23826.7
	=	0.57

Navin Fluorine International'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
	=	(3283	+	10401.6)	/	23826.7
	=	0.57

Navin Fluorine International (NSE:NAVINFLUOR) 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.

Navin Fluorine International Debt-to-Equity Related Terms

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

Navin Fluorine International (NSE:NAVINFLUOR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Navin Fluorine International Ltd (NSE:NAVINFLUOR) » Definitions » Debt-to-Equity

Traded in Other Exchanges

532504:India

Address

194, Sir Mathuradas Vasanji Road, Near Western Express Highway, Office No. 602, 6th Floor, Natraj by Rustomjee, Andheri (East), Mumbai, MH, IND, 400069

Website

https://www.nfil.in

Navin Fluorine International Ltd is engaged in the chemicals business. Its business units include Refrigeration, Inorganic Fluorides, Specialty Fluorochemicals, and Contract Research and Manufacturing Services. The Company operates only in one Business Segment i.e. 'Chemical Business' which constitutes a single reporting segment. Geographically, the company generates a majority of its revenue from Outside India.

Navin Fluorine International (NSE:NAVINFLUOR) Headlines

No Headlines