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Bhakti Gems and Jewellery (BOM:540545) Debt-to-Equity : N/A (As of Dec. 2023)


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What is Bhakti Gems and Jewellery Debt-to-Equity?

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

BOM:540545' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.41   Max: 1.71
Current: 0.33

During the past 12 years, the highest Debt-to-Equity Ratio of Bhakti Gems and Jewellery was 1.71. The lowest was 0.00. And the median was 0.41.

BOM:540545's Debt-to-Equity is ranked better than
66.97% of 999 companies
in the Retail - Cyclical industry
Industry Median: 0.62 vs BOM:540545: 0.33

Bhakti Gems and Jewellery Debt-to-Equity Historical Data

The historical data trend for Bhakti Gems and Jewellery'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.

Bhakti Gems and Jewellery Debt-to-Equity Chart

Bhakti Gems and Jewellery 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 0.21 - 0.49 0.85 0.53

Bhakti Gems and Jewellery Quarterly Data
Sep18 Mar19 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 0.53 N/A 0.33 N/A

Competitive Comparison of Bhakti Gems and Jewellery's Debt-to-Equity

For the Luxury Goods subindustry, Bhakti Gems and Jewellery'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.


Bhakti Gems and Jewellery's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Bhakti Gems and Jewellery's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Bhakti Gems and Jewellery's Debt-to-Equity falls into.



Bhakti Gems and Jewellery Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bhakti Gems and Jewellery's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Bhakti Gems and Jewellery'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.


Bhakti Gems and Jewellery  (BOM:540545) 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.


Bhakti Gems and Jewellery Debt-to-Equity Related Terms

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Bhakti Gems and Jewellery (BOM:540545) Business Description

Traded in Other Exchanges
N/A
Address
C G Road, Ahmedabad Ashram Road, FF/02, 413/1 Kalp BhaktiHouse, Near NarayanSociety, Behind Axis Bank, Ahmedabad, GJ, IND, 380009
Bhakti Gems and Jewellery Ltd is a manufacturer, wholesaler and supplier of gold jewellery. It focuses on traditional Indian jewellery including handmade gold jewellery studded with precious and semi-precious stones such as diamond, ruby, and cubic zirconia. Some of its products are rings, chains, toe rings, earrings, anklets, and pendants, among others.

Bhakti Gems and Jewellery (BOM:540545) Headlines

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