Eighty Jewellers (BOM:543518) Debt-to-Equity : 0.31 (As of Sep. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Eighty Jewellers Debt-to-Equity?

Eighty Jewellers's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹75.7 Mil. Eighty Jewellers's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹0.0 Mil. Eighty Jewellers's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹244.1 Mil. Eighty Jewellers's debt to equity for the quarter that ended in Sep. 2023 was 0.31.

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 Eighty Jewellers's Debt-to-Equity or its related term are showing as below:

BOM:543518' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.25 Med: 0.89 Max: 3.07
Current: 0.31

During the past 5 years, the highest Debt-to-Equity Ratio of Eighty Jewellers was 3.07. The lowest was 0.25. And the median was 0.89.

BOM:543518's Debt-to-Equity is ranked better than
68.53% of 1001 companies
in the Retail - Cyclical industry
Industry Median: 0.62 vs BOM:543518: 0.31

Eighty Jewellers Debt-to-Equity Historical Data

The historical data trend for Eighty Jewellers'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.

Eighty Jewellers Debt-to-Equity Chart

Eighty Jewellers Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

3.07

2.84

1.18

0.60

0.47

Eighty Jewellers Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial			1.30	0.60	0.25	0.47	0.31

Competitive Comparison of Eighty Jewellers's Debt-to-Equity

For the Luxury Goods subindustry, Eighty Jewellers'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.

Eighty Jewellers's Debt-to-Equity Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Eighty Jewellers's Debt-to-Equity falls into.

Eighty Jewellers Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Eighty Jewellers'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
	=	(94.391	+	17.238)	/	238.59
	=	0.47

Eighty Jewellers's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(75.743	+	0)	/	244.082
	=	0.31

Eighty Jewellers (BOM:543518) 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.

Eighty Jewellers Debt-to-Equity Related Terms

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

Eighty Jewellers (BOM:543518) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Eighty Jewellers Ltd (BOM:543518) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

A.T Palace, Kotwali Chowk, Sadar Bazar, Raipur, CT, IND, 492001

Website

https://www.eightyjewels.in

Eighty Jewellers Ltd is engaged in the trading of various jewellery, ornaments, watches and luxury articles made out of gold, silver, diamonds and platinum under the brand name of Anopchand Tilokchand Jewellers.

Eighty Jewellers (BOM:543518) Headlines

No Headlines