Golden Carpets (BOM:531928) Debt-to-Equity : N/A (As of Dec. 2023)

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What is Golden Carpets Debt-to-Equity?

Golden Carpets's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.00 Mil. Golden Carpets's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.00 Mil. Golden Carpets's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹0.00 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 Golden Carpets's Debt-to-Equity or its related term are showing as below:

BOM:531928' s Debt-to-Equity Range Over the Past 10 Years
Min: -1606.62 Med: 8.79 Max: 60.31
Current: -85.96

During the past 13 years, the highest Debt-to-Equity Ratio of Golden Carpets was 60.31. The lowest was -1606.62. And the median was 8.79.

BOM:531928's Debt-to-Equity is not ranked
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 0.44 vs BOM:531928: -85.96

Golden Carpets Debt-to-Equity Historical Data

The historical data trend for Golden Carpets'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.

Golden Carpets Debt-to-Equity Chart

Golden Carpets Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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13.33

10.85

10.61

24.17

-1,606.62

Golden Carpets 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															N/A	-1,606.62	N/A	-85.96	N/A

Competitive Comparison of Golden Carpets's Debt-to-Equity

For the Textile Manufacturing subindustry, Golden Carpets'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.

Golden Carpets's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

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

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

Golden Carpets Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Golden Carpets's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 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
	=	(46.592	+	0)	/	-0.029
	=	-1,606.62

Golden Carpets's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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)	/	0
	=	N/A

Golden Carpets (BOM:531928) 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.

Golden Carpets Debt-to-Equity Related Terms

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

Golden Carpets (BOM:531928) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Golden Carpets Ltd (BOM:531928) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

8-2-596/5/B/1/A, Road No. 10, First Floor, Banjara Hills, Hyderabad, TG, IND, 500035

Website

https://www.goldencarpets.com

Golden Carpets Ltd is a manufacturer of carpets produced with heat set polypropylene yarn that is imported from Turkey. The company provides carpeting solutions for hotels, multiplexes, corporate offices with wall to wall carpets that are made as per client needs. Its product portfolio includes wall to wall carpets; and area rugs.

Golden Carpets (BOM:531928) Headlines

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