Navoday Enterprises (BOM:543305) Debt-to-Equity : 0.00 (As of Sep. 2023)

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What is Navoday Enterprises Debt-to-Equity?

Navoday Enterprises's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹0.0 Mil. Navoday Enterprises's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹0.0 Mil. Navoday Enterprises's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹87.1 Mil. Navoday Enterprises's debt to equity for the quarter that ended in Sep. 2023 was 0.00.

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 Navoday Enterprises's Debt-to-Equity or its related term are showing as below:

BOM:543305's Debt-to-Equity is not ranked ^*
in the Media - Diversified industry.
Industry Median: 0.29
* Ranked among companies with meaningful Debt-to-Equity only.

Navoday Enterprises Debt-to-Equity Historical Data

The historical data trend for Navoday Enterprises'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.

Navoday Enterprises Debt-to-Equity Chart

Navoday Enterprises Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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Navoday Enterprises Semi-Annual Data
	Mar18	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial					-	-	-	-	-

Competitive Comparison of Navoday Enterprises's Debt-to-Equity

For the Advertising Agencies subindustry, Navoday Enterprises'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.

Navoday Enterprises's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Navoday Enterprises's Debt-to-Equity distribution charts can be found below:

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

Navoday Enterprises Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Navoday Enterprises'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
	=	(0	+	0)	/	84.373
	=	0.00

Navoday Enterprises's Debt to Equity Ratio for the quarter that ended in Sep. 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)	/	87.106
	=	0.00

Navoday Enterprises (BOM:543305) 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.

Navoday Enterprises Debt-to-Equity Related Terms

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Navoday Enterprises (BOM:543305) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Navoday Enterprises Ltd (BOM:543305) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

New Link Road, B-713, 7th Floor, Crystal Plaza, Opposite Infinity Mall, Andheri (West), Mumbai, MH, IND, 400 053

Website

https://www.navodayenterprise.com

Navoday Enterprises Ltd operates in three business verticals namely Marketing support and Advertising, Management and Financial Consultancy services, and Component Supply and support services to manufacturers of packaging and allied machines.

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