Sirca Paints India (NSE:SIRCA) Debt-to-Equity : 0.00 (As of Mar. 2024)

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What is Sirca Paints India Debt-to-Equity?

Sirca Paints India's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0 Mil. Sirca Paints India's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0 Mil. Sirca Paints India's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹3,087 Mil. Sirca Paints India's debt to equity for the quarter that ended in Mar. 2024 was 0.00.

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 Sirca Paints India's Debt-to-Equity or its related term are showing as below:

During the past 12 years, the highest Debt-to-Equity Ratio of Sirca Paints India was 0.90. The lowest was 0.00. And the median was 0.07.

NSE:SIRCA's Debt-to-Equity is not ranked ^*
in the Chemicals industry.
Industry Median: 0.36
* Ranked among companies with meaningful Debt-to-Equity only.

Sirca Paints India Debt-to-Equity Historical Data

The historical data trend for Sirca Paints India'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.

Sirca Paints India Debt-to-Equity Chart

Sirca Paints India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.07

Sirca Paints India 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															-	N/A	-	N/A	-

Competitive Comparison of Sirca Paints India's Debt-to-Equity

For the Specialty Chemicals subindustry, Sirca Paints India'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.

Sirca Paints India's Debt-to-Equity Distribution in the Chemicals Industry

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

* The bar in red indicates where Sirca Paints India's Debt-to-Equity falls into.

Sirca Paints India Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sirca Paints India'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
	=	(0	+	0)	/	3086.831
	=	0.00

Sirca Paints India'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
	=	(0	+	0)	/	3086.831
	=	0.00

Sirca Paints India (NSE:SIRCA) 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.

Sirca Paints India Debt-to-Equity Related Terms

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Sirca Paints India (NSE:SIRCA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sirca Paints India Ltd (NSE:SIRCA) » Definitions » Debt-to-Equity

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543686:India

Address

G-82, Kirti Nagar, New Delhi, IND, 110015

Website

https://www.sircapaints.com

Sirca Paints India Ltd is engaged in the marketing and distribution of paints and allied products. The company's products include PU Clear Finishes, PU Pigmented Finishes, Special effects, Glass Coatings, Metal Coatings, Water Borne Coating, Stains, Leafing, Wood Filler, and others. The company operates in only one reportable business segment viz. "Wood Coating Products" and a single geographical segment Geographically, it operates only in India.

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