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Sri Lakshmiraswathi Textiles (Arni) (BOM:521161) Debt-to-Equity : N/A (As of Dec. 2023)


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What is Sri Lakshmiraswathi Textiles (Arni) Debt-to-Equity?

Sri Lakshmiraswathi Textiles (Arni)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Sri Lakshmiraswathi Textiles (Arni)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Sri Lakshmiraswathi Textiles (Arni)'s Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹0 Mil.

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 Sri Lakshmiraswathi Textiles (Arni)'s Debt-to-Equity or its related term are showing as below:

BOM:521161' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.69   Med: 0.2   Max: 6.18
Current: -0.37

During the past 13 years, the highest Debt-to-Equity Ratio of Sri Lakshmiraswathi Textiles (Arni) was 6.18. The lowest was -1.69. And the median was 0.20.

BOM:521161's Debt-to-Equity is not ranked
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 0.44 vs BOM:521161: -0.37

Sri Lakshmiraswathi Textiles (Arni) Debt-to-Equity Historical Data

The historical data trend for Sri Lakshmiraswathi Textiles (Arni)'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.

Sri Lakshmiraswathi Textiles (Arni) Debt-to-Equity Chart

Sri Lakshmiraswathi Textiles (Arni) Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.18 -0.68 -0.82 -1.69 -0.69

Sri Lakshmiraswathi Textiles (Arni) Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A -0.69 N/A -0.37 N/A

Competitive Comparison of Sri Lakshmiraswathi Textiles (Arni)'s Debt-to-Equity

For the Textile Manufacturing subindustry, Sri Lakshmiraswathi Textiles (Arni)'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.


Sri Lakshmiraswathi Textiles (Arni)'s Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Sri Lakshmiraswathi Textiles (Arni)'s Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Sri Lakshmiraswathi Textiles (Arni)'s Debt-to-Equity falls into.



Sri Lakshmiraswathi Textiles (Arni) Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sri Lakshmiraswathi Textiles (Arni)'s Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Sri Lakshmiraswathi Textiles (Arni)'s Debt to Equity Ratio for the quarter that ended in Dec. 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.


Sri Lakshmiraswathi Textiles (Arni)  (BOM:521161) 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.


Sri Lakshmiraswathi Textiles (Arni) Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Sri Lakshmiraswathi Textiles (Arni)'s Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Sri Lakshmiraswathi Textiles (Arni) (BOM:521161) Business Description

Traded in Other Exchanges
N/A
Address
16, Krishnama Road, Nungambakkam, Chennai, TN, IND, 600 034
Sri Lakshmi Saraswathi Textiles (Arni) Ltd operates in the textile industry. The company is principally engaged in the production of textile products used for the manufacturing of woven and knitted fabrics.

Sri Lakshmiraswathi Textiles (Arni) (BOM:521161) Headlines

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