Pearl Global Industries (BOM:532808) Debt-to-Equity : 0.73 (As of Mar. 2024)

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What is Pearl Global Industries Debt-to-Equity?

Pearl Global Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹3,575 Mil. Pearl Global Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹2,309 Mil. Pearl Global Industries's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹8,020 Mil. Pearl Global Industries's debt to equity for the quarter that ended in Mar. 2024 was 0.73.

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 Pearl Global Industries's Debt-to-Equity or its related term are showing as below:

BOM:532808' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.5 Med: 0.75 Max: 1.08
Current: 0.73

During the past 13 years, the highest Debt-to-Equity Ratio of Pearl Global Industries was 1.08. The lowest was 0.50. And the median was 0.75.

BOM:532808's Debt-to-Equity is ranked worse than
63.39% of 937 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.44 vs BOM:532808: 0.73

Pearl Global Industries Debt-to-Equity Historical Data

The historical data trend for Pearl Global Industries'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.

Pearl Global Industries Debt-to-Equity Chart

Pearl Global Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.92

0.85

1.08

0.77

0.73

Pearl Global Industries 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															0.77	N/A	0.68	N/A	0.73

Competitive Comparison of Pearl Global Industries's Debt-to-Equity

For the Apparel Manufacturing subindustry, Pearl Global Industries'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.

Pearl Global Industries's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Pearl Global Industries's Debt-to-Equity falls into.

Pearl Global Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Pearl Global Industries'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
	=	(3575.167	+	2308.689)	/	8020.273
	=	0.73

Pearl Global Industries'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
	=	(3575.167	+	2308.689)	/	8020.273
	=	0.73

Pearl Global Industries (BOM:532808) 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.

Pearl Global Industries Debt-to-Equity Related Terms

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Pearl Global Industries (BOM:532808) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Pearl Global Industries Ltd (BOM:532808) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

PGIL:India

Address

Pearl Tower, Plot No. 51, Sector - 32, Gurgaon, HR, IND, 122001

Website

https://www.pearlglobal.com

Pearl Global Industries Ltd is engaged in the manufacturing, sourcing, distribution, and export of ready-to-wear apparel through its domestic and global facilities and operations. The geographical segments of the company include Hong Kong, Bangladesh, India, and Others. The company earns majority of its revenue outside India. The company's product range comprises of knits, woven and bottoms across men, women, and kids wear segments.

Pearl Global Industries (BOM:532808) Headlines

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