SEL Manufacturing Co (BOM:532886) Debt-to-Equity : N/A (As of Dec. 2023)

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What is SEL Manufacturing Co Debt-to-Equity?

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

BOM:532886' s Debt-to-Equity Range Over the Past 10 Years
Min: -7.08 Med: 3.66 Max: 57.32
Current: 57.32

During the past 13 years, the highest Debt-to-Equity Ratio of SEL Manufacturing Co was 57.32. The lowest was -7.08. And the median was 3.66.

BOM:532886's Debt-to-Equity is ranked worse than
100% of 936 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.44 vs BOM:532886: 57.32

SEL Manufacturing Co Debt-to-Equity Historical Data

The historical data trend for SEL Manufacturing Co'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.

SEL Manufacturing Co Debt-to-Equity Chart

SEL Manufacturing Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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-2.04

-1.67

2.30

3.85

6.27

SEL Manufacturing Co 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	6.27	N/A	57.32	N/A

Competitive Comparison of SEL Manufacturing Co's Debt-to-Equity

For the Textile Manufacturing subindustry, SEL Manufacturing Co'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.

SEL Manufacturing Co's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where SEL Manufacturing Co's Debt-to-Equity falls into.

SEL Manufacturing Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SEL Manufacturing Co'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
	=	(364.069	+	8954.967)	/	1485.301
	=	6.27

SEL Manufacturing Co'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

SEL Manufacturing Co (BOM:532886) 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.

SEL Manufacturing Co Debt-to-Equity Related Terms

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

SEL Manufacturing Co (BOM:532886) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » SEL Manufacturing Co Ltd (BOM:532886) » Definitions » Debt-to-Equity

Traded in Other Exchanges

SELMC:India

Address

G.T. Road, 274, Dhandari Khurd, Ludhiana, PB, IND, 141014

Website

http://www.selindia.in

SEL Manufacturing Co Ltd is an India-based vertically integrated multi-product textile company engaged in manufacturing various kinds of Knitted Garments, Terry Towels, Knitted and Processed Fabric, and various kinds of Yarn with production facilities located in different parts of India. It operates in a single segment of Manufacturing and processing of textile products. It operates geographically in India and outside India and it generates its majority of revenue from India.

SEL Manufacturing Co (BOM:532886) Headlines

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