Swarnsarita Jewels India (BOM:526365) Debt-to-Equity : N/A (As of Dec. 2023)

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What is Swarnsarita Jewels India Debt-to-Equity?

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

BOM:526365' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.2 Med: 1.04 Max: 1.4
Current: 1.05

During the past 13 years, the highest Debt-to-Equity Ratio of Swarnsarita Jewels India was 1.40. The lowest was 0.20. And the median was 1.04.

BOM:526365's Debt-to-Equity is ranked worse than
69.73% of 1001 companies
in the Retail - Cyclical industry
Industry Median: 0.62 vs BOM:526365: 1.05

Swarnsarita Jewels India Debt-to-Equity Historical Data

The historical data trend for Swarnsarita Jewels India'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.

Swarnsarita Jewels India Debt-to-Equity Chart

Swarnsarita Jewels India Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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1.40

1.05

1.13

1.03

Swarnsarita Jewels India 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															N/A	1.03	N/A	1.05	N/A

Competitive Comparison of Swarnsarita Jewels India's Debt-to-Equity

For the Luxury Goods subindustry, Swarnsarita Jewels India'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.

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

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

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

Swarnsarita Jewels India Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Swarnsarita Jewels India'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
	=	(1023.285	+	185.809)	/	1177.802
	=	1.03

Swarnsarita Jewels India's Debt to Equity Ratio for the quarter that ended in Dec. 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)	/	0
	=	N/A

Swarnsarita Jewels India (BOM:526365) 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.

Swarnsarita Jewels India Debt-to-Equity Related Terms

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Swarnsarita Jewels India (BOM:526365) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Swarnsarita Jewels India Ltd (BOM:526365) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Office No. 24, 3-7 Dhanji Street, Navnidan Bhuvan, 2nd Floor, Mumbai, MH, IND, 400003

Website

https://www.swarnsarita.com

Swarnsarita Jewels India Ltd is principally engaged in manufacturing, exports-imports, wholesale and retail marketing of high-end Gold Jewellery and Diamond Jewellery. The company operates through multiple regions across India. Most of its revenue is earned from the Indian market, while it also has a presence in various abroad countries. It operates in one segment Diamond studded Jewellery.

Swarnsarita Jewels India (BOM:526365) Headlines

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