Focus Lighting and Fixtures (NSE:FOCUS) Debt-to-Equity : 0.03 (As of Mar. 2023)

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What is Focus Lighting and Fixtures Debt-to-Equity?

Focus Lighting and Fixtures's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹30 Mil. Focus Lighting and Fixtures's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹0 Mil. Focus Lighting and Fixtures's Total Stockholders Equity for the quarter that ended in Mar. 2023 was ₹899 Mil. Focus Lighting and Fixtures's debt to equity for the quarter that ended in Mar. 2023 was 0.03.

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 Focus Lighting and Fixtures's Debt-to-Equity or its related term are showing as below:

NSE:FOCUS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.15 Max: 0.79
Current: 0.03

During the past 12 years, the highest Debt-to-Equity Ratio of Focus Lighting and Fixtures was 0.79. The lowest was 0.03. And the median was 0.15.

NSE:FOCUS's Debt-to-Equity is ranked better than
89.53% of 382 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.35 vs NSE:FOCUS: 0.03

Focus Lighting and Fixtures Debt-to-Equity Historical Data

The historical data trend for Focus Lighting and Fixtures'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.

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Focus Lighting and Fixtures Debt-to-Equity Chart

Focus Lighting and Fixtures Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.10

0.13

0.30

0.18

0.03

Focus Lighting and Fixtures Semi-Annual Data
	Mar12	Mar13	Mar14	Mar15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23
Debt-to-Equity	Get a 7-Day Free Trial														0.30	0.15	0.18	0.03	0.03

Competitive Comparison of Focus Lighting and Fixtures's Debt-to-Equity

For the Furnishings, Fixtures & Appliances subindustry, Focus Lighting and Fixtures'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.

Focus Lighting and Fixtures's Debt-to-Equity Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Focus Lighting and Fixtures's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Focus Lighting and Fixtures's Debt-to-Equity falls into.

Focus Lighting and Fixtures Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Focus Lighting and Fixtures'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
	=	(29.5	+	0)	/	899.458
	=	0.03

Focus Lighting and Fixtures's Debt to Equity Ratio for the quarter 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
	=	(29.5	+	0)	/	899.458
	=	0.03

Focus Lighting and Fixtures (NSE:FOCUS) 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.

Focus Lighting and Fixtures Debt-to-Equity Related Terms

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Focus Lighting and Fixtures (NSE:FOCUS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Focus Lighting and Fixtures Ltd (NSE:FOCUS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sonawala Road, Near Udyog Bhavan, 1007-1010, Corporate Avenue Wing A, Goregaon (East), Mumbai, MH, IND, 400063

Website

https://www.pluslighttech.com

Focus Lighting and Fixtures Ltd provide lighting fixtures. The company has two reportable segments namely trading and manufacturing activities. It generates maximum revenue from the Trading segment. The company products include cabinet lights, lighting systems, pendants, recessed, semi-recessed, surface, track, and trimless.

Focus Lighting and Fixtures (NSE:FOCUS) Headlines

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