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United Textiles (BOM:521188) Debt-to-Equity : N/A (As of Dec. 2023)


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What is United Textiles Debt-to-Equity?

United Textiles's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.0 Mil. United Textiles's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.0 Mil. United Textiles's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹0.0 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 United Textiles's Debt-to-Equity or its related term are showing as below:

BOM:521188' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.25   Med: 0.64   Max: 1.2
Current: 1.02

During the past 13 years, the highest Debt-to-Equity Ratio of United Textiles was 1.20. The lowest was 0.25. And the median was 0.64.

BOM:521188's Debt-to-Equity is ranked worse than
74.68% of 936 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.44 vs BOM:521188: 1.02

United Textiles Debt-to-Equity Historical Data

The historical data trend for United Textiles'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.

United Textiles Debt-to-Equity Chart

United Textiles 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 0.26 0.39 0.50 0.67 1.01

United Textiles 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 1.01 N/A 1.02 N/A

Competitive Comparison of United Textiles's Debt-to-Equity

For the Textile Manufacturing subindustry, United Textiles'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.


United Textiles's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



United Textiles Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

United Textiles's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

United Textiles'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.


United Textiles  (BOM:521188) 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.


United Textiles Debt-to-Equity Related Terms

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


United Textiles (BOM:521188) Business Description

Traded in Other Exchanges
N/A
Address
Sector-33, 557-P, 4th Floor, Hisar, HR, IND, 125001
United Textiles Ltd is an India-based company engaged in manufacturing Cotton Yarn. It operates in the cotton yarn segment. The company caters only to the Indian market. The revenue is generated from the sale of products.

United Textiles (BOM:521188) Headlines

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