GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Palm Jewels Ltd (BOM:541444) » Definitions » Debt-to-Equity

Palm Jewels (BOM:541444) Debt-to-Equity : N/A (As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Palm Jewels Debt-to-Equity?

Palm Jewels's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Palm Jewels's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Palm Jewels'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 Palm Jewels's Debt-to-Equity or its related term are showing as below:

BOM:541444' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.13   Max: 0.3
Current: 0.19

During the past 11 years, the highest Debt-to-Equity Ratio of Palm Jewels was 0.30. The lowest was 0.02. And the median was 0.13.

BOM:541444's Debt-to-Equity is ranked better than
77.9% of 1000 companies
in the Retail - Cyclical industry
Industry Median: 0.62 vs BOM:541444: 0.19

Palm Jewels Debt-to-Equity Historical Data

The historical data trend for Palm Jewels'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.

Palm Jewels Debt-to-Equity Chart

Palm Jewels 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 0.04 0.06 0.21 0.28 0.12

Palm Jewels 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 0.12 N/A 0.19 N/A

Competitive Comparison of Palm Jewels's Debt-to-Equity

For the Luxury Goods subindustry, Palm Jewels'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.


Palm Jewels's Debt-to-Equity Distribution in the Retail - Cyclical Industry

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

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



Palm Jewels Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Palm Jewels'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.


Palm Jewels  (BOM:541444) 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.


Palm Jewels Debt-to-Equity Related Terms

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


Palm Jewels (BOM:541444) Business Description

Traded in Other Exchanges
N/A
Address
Chimanlal Girdharlal Road, Near Lal Bunglow, C-205, D-205, 2nd Floor, Super Mall, Navrangpura City, Ahmedabad, GJ, IND, 380009
Palm Jewels Ltd is an India based company engaged in the wholesale business of gold jewellery. Its products include gold-based chains, bracelets, and necklaces. The company markets its products directly to other jewellery stores; and through B2B marketing and direct/outbound marketing.

Palm Jewels (BOM:541444) Headlines

No Headlines