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Globe Multi Ventures (BOM:540266) Debt-to-Equity : N/A (As of Dec. 2023)


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What is Globe Multi Ventures Debt-to-Equity?

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

BOM:540266' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.16   Max: 0.22
Current: 0.14

During the past 12 years, the highest Debt-to-Equity Ratio of Globe Multi Ventures was 0.22. The lowest was 0.01. And the median was 0.16.

BOM:540266's Debt-to-Equity is ranked better than
77.54% of 472 companies
in the Conglomerates industry
Industry Median: 0.555 vs BOM:540266: 0.14

Globe Multi Ventures Debt-to-Equity Historical Data

The historical data trend for Globe Multi Ventures'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.

Globe Multi Ventures Debt-to-Equity Chart

Globe Multi Ventures 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 - - 0.22 0.21 0.16

Globe Multi Ventures 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 0.16 N/A 0.14 N/A

Competitive Comparison of Globe Multi Ventures's Debt-to-Equity

For the Conglomerates subindustry, Globe Multi Ventures'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.


Globe Multi Ventures's Debt-to-Equity Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Globe Multi Ventures's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Globe Multi Ventures's Debt-to-Equity falls into.



Globe Multi Ventures Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Globe Multi Ventures's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Globe Multi Ventures'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.


Globe Multi Ventures  (BOM:540266) 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.


Globe Multi Ventures Debt-to-Equity Related Terms

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


Globe Multi Ventures (BOM:540266) Business Description

Traded in Other Exchanges
N/A
Address
Transport Road, Plot No. 54 and 55, A.G. Arcade, Balaji Co-operative Society, Secunderabad, TG, IND, 500009
Globe Multi Ventures Ltd is engaged in the business of buyer, seller, stockist, agent, brokers, commission agents, and others in agro commodities, sanitary ware, cotton, jute, and all other merchandise goods. The company also provides Management and Financial Consultancy.

Globe Multi Ventures (BOM:540266) Headlines

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