Jetmall Spices and Masala (BOM:543286) Debt-to-Equity : 0.00 (As of Mar. 2024)

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What is Jetmall Spices and Masala Debt-to-Equity?

Jetmall Spices and Masala's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0.00 Mil. Jetmall Spices and Masala's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0.00 Mil. Jetmall Spices and Masala's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹97.63 Mil. Jetmall Spices and Masala's debt to equity for the quarter that ended in Mar. 2024 was 0.00.

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 Jetmall Spices and Masala's Debt-to-Equity or its related term are showing as below:

During the past 7 years, the highest Debt-to-Equity Ratio of Jetmall Spices and Masala was 2.03. The lowest was 0.04. And the median was 0.60.

BOM:543286's Debt-to-Equity is not ranked ^*
in the Retail - Defensive industry.
Industry Median: 0.61
* Ranked among companies with meaningful Debt-to-Equity only.

Jetmall Spices and Masala Debt-to-Equity Historical Data

The historical data trend for Jetmall Spices and Masala'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.

Jetmall Spices and Masala Debt-to-Equity Chart

Jetmall Spices and Masala Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.60

0.06

0.04

Jetmall Spices and Masala Semi-Annual Data
	Mar18	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial						0.04	-	-	-	-

Competitive Comparison of Jetmall Spices and Masala's Debt-to-Equity

For the Food Distribution subindustry, Jetmall Spices and Masala'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.

Jetmall Spices and Masala's Debt-to-Equity Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Jetmall Spices and Masala's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Jetmall Spices and Masala's Debt-to-Equity falls into.

Jetmall Spices and Masala Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Jetmall Spices and Masala'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
	=	(0	+	0)	/	97.629
	=	0.00

Jetmall Spices and Masala'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
	=	(0	+	0)	/	97.629
	=	0.00

Jetmall Spices and Masala (BOM:543286) 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.

Jetmall Spices and Masala Debt-to-Equity Related Terms

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Jetmall Spices and Masala (BOM:543286) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Jetmall Spices and Masala Ltd (BOM:543286) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 33/1, Ritherdon Road, Vepery, Chennai, TN, IND, 600 007

Website

https://www.jetmallltd.in

Jetmall Spices and Masala Ltd is engaged in business of Manufacturing & trading of food and processed foods. Company is dealing in only one segment of business that is trading of Spices, Masala, Food Grains and Kirana Products.

Jetmall Spices and Masala (BOM:543286) Headlines

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