GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Eastern Silk Industries Ltd (BOM:590022) » Definitions » Debt-to-Equity

Eastern Silk Industries (BOM:590022) Debt-to-Equity : N/A (As of Dec. 2023)


View and export this data going back to 2004. Start your Free Trial

What is Eastern Silk Industries Debt-to-Equity?

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

BOM:590022' s Debt-to-Equity Range Over the Past 10 Years
Min: -58.32   Med: -6.47   Max: -2.9
Current: -2.9

During the past 13 years, the highest Debt-to-Equity Ratio of Eastern Silk Industries was -2.90. The lowest was -58.32. And the median was -6.47.

BOM:590022's Debt-to-Equity is not ranked
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 0.44 vs BOM:590022: -2.90

Eastern Silk Industries Debt-to-Equity Historical Data

The historical data trend for Eastern Silk 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.

Eastern Silk Industries Debt-to-Equity Chart

Eastern Silk Industries 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 -6.26 -6.47 -6.71 -5.18 -3.37

Eastern Silk Industries 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 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 -3.37 N/A -2.90 N/A

Competitive Comparison of Eastern Silk Industries's Debt-to-Equity

For the Textile Manufacturing subindustry, Eastern Silk 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.


Eastern Silk Industries's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Eastern Silk Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Eastern Silk Industries's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Eastern Silk Industries'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.


Eastern Silk Industries  (BOM:590022) 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.


Eastern Silk Industries Debt-to-Equity Related Terms

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


Eastern Silk Industries (BOM:590022) Business Description

Traded in Other Exchanges
Address
19, R.N. Mukherjee Road, Kolkata, WB, IND, 700001
Eastern Silk Industries Ltd is an Indian company engaged in the manufacturing of textiles and allied products. It manufactures Silk yarn, Fabrics and made-ups, Home furnishings, Fashion fabrics, Double-width fabric, Scarves, Laces, Melts and Embroidered fabrics. The product categories of the company comprise Home furnishings, Fashion, and Stock Services.

Eastern Silk Industries (BOM:590022) Headlines

No Headlines