Maral Overseas (BOM:521018) Debt-to-Equity : 3.62 (As of Mar. 2024)

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What is Maral Overseas Debt-to-Equity?

Maral Overseas's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹2,736 Mil. Maral Overseas's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹2,025 Mil. Maral Overseas's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹1,315 Mil. Maral Overseas's debt to equity for the quarter that ended in Mar. 2024 was 3.62.

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 Maral Overseas's Debt-to-Equity or its related term are showing as below:

BOM:521018' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.47 Med: 2.46 Max: 3.62
Current: 3.62

During the past 13 years, the highest Debt-to-Equity Ratio of Maral Overseas was 3.62. The lowest was 1.47. And the median was 2.46.

BOM:521018's Debt-to-Equity is ranked worse than
96.05% of 936 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.44 vs BOM:521018: 3.62

Maral Overseas Debt-to-Equity Historical Data

The historical data trend for Maral Overseas'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.

Maral Overseas Debt-to-Equity Chart

Maral Overseas Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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2.73

2.09

1.47

2.64

3.62

Maral Overseas 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															2.64	N/A	3.46	N/A	3.62

Competitive Comparison of Maral Overseas's Debt-to-Equity

For the Textile Manufacturing subindustry, Maral Overseas'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.

Maral Overseas's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Maral Overseas's Debt-to-Equity distribution charts can be found below:

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

Maral Overseas Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Maral Overseas'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
	=	(2735.7	+	2024.9)	/	1315.4
	=	3.62

Maral Overseas'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
	=	(2735.7	+	2024.9)	/	1315.4
	=	3.62

Maral Overseas (BOM:521018) 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.

Maral Overseas Debt-to-Equity Related Terms

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

Maral Overseas (BOM:521018) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Maral Overseas Ltd (BOM:521018) » Definitions » Debt-to-Equity

Traded in Other Exchanges

MARALOVER:India

Address

Bhilwara Towers, A-12, Sector-1, NCR-Delhi, Noida, UP, IND, 201301

Website

https://www.maraloverseas.com

Maral Overseas Ltd is a textile manufacturing company. The business of the company is organized into the following product segments: Yarn, Fabric, and Textile Made-ups. It manufactures garments for various categories like Activewear, Casual wear, and Sleepwear for Mens and Ladies in Conventional and Organic, Fair Trade garments and soft toys for infants, and kids.

Maral Overseas (BOM:521018) Headlines

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