Narbada Gems & Jewellery (BOM:519455) Debt-to-Equity : 0.49 (As of Mar. 2024)

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What is Narbada Gems & Jewellery Debt-to-Equity?

Narbada Gems & Jewellery's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹244.1 Mil. Narbada Gems & Jewellery's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0.9 Mil. Narbada Gems & Jewellery's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹496.4 Mil. Narbada Gems & Jewellery's debt to equity for the quarter that ended in Mar. 2024 was 0.49.

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 Narbada Gems & Jewellery's Debt-to-Equity or its related term are showing as below:

BOM:519455' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12 Med: 0.49 Max: 0.66
Current: 0.49

During the past 13 years, the highest Debt-to-Equity Ratio of Narbada Gems & Jewellery was 0.66. The lowest was 0.12. And the median was 0.49.

BOM:519455's Debt-to-Equity is ranked better than
55.93% of 1003 companies
in the Retail - Cyclical industry
Industry Median: 0.61 vs BOM:519455: 0.49

Narbada Gems & Jewellery Debt-to-Equity Historical Data

The historical data trend for Narbada Gems & 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.

Narbada Gems & Jewellery Debt-to-Equity Chart

Narbada Gems & Jewellery Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.50

0.37

0.35

0.66

0.49

Narbada Gems & Jewellery 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															0.66	N/A	0.60	N/A	0.49

Competitive Comparison of Narbada Gems & Jewellery's Debt-to-Equity

For the Luxury Goods subindustry, Narbada Gems & 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.

Narbada Gems & Jewellery's Debt-to-Equity Distribution in the Retail - Cyclical Industry

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

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

Narbada Gems & Jewellery Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Narbada Gems & Jewellery'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
	=	(244.098	+	0.869)	/	496.381
	=	0.49

Narbada Gems & Jewellery'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
	=	(244.098	+	0.869)	/	496.381
	=	0.49

Narbada Gems & Jewellery (BOM:519455) 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.

Narbada Gems & Jewellery Debt-to-Equity Related Terms

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Narbada Gems & Jewellery (BOM:519455) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Narbada Gems & Jewellery Ltd (BOM:519455) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

3-6-291/4/B, 2nd Floor, Hyderguda, Hyderabad, TG, IND, 500029

Website

http://www.narbadajewellery.com

Narbada Gems & Jewellery Ltd is engaged in the business of manufacturing and trading Gold, Color Stones, and Diamond jewellery with an emphasis on rose-cut and flat diamond jewellery. The company provides a selection of contemporary styles and custom jewelry to its clients. It offers a range of jewelry collections product including Gemstone necklace sets, Earrings, and Pendants. the company operates in a single segment which is Jewellery manufacturing. It derives key revenue from India.

Narbada Gems & Jewellery (BOM:519455) Headlines

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