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Gillanders Arbuthnot (NSE:GILLANDERS) Debt-to-Equity : 0.59 (As of Mar. 2024)


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What is Gillanders Arbuthnot Debt-to-Equity?

Gillanders Arbuthnot's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹994 Mil. Gillanders Arbuthnot's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹298 Mil. Gillanders Arbuthnot's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹2,175 Mil. Gillanders Arbuthnot's debt to equity for the quarter that ended in Mar. 2024 was 0.59.

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 Gillanders Arbuthnot's Debt-to-Equity or its related term are showing as below:

NSE:GILLANDERS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.48   Med: 1.25   Max: 2.68
Current: 0.53

During the past 13 years, the highest Debt-to-Equity Ratio of Gillanders Arbuthnot was 2.68. The lowest was 0.48. And the median was 1.25.

NSE:GILLANDERS's Debt-to-Equity is ranked better than
51.06% of 472 companies
in the Conglomerates industry
Industry Median: 0.55 vs NSE:GILLANDERS: 0.53

Gillanders Arbuthnot Debt-to-Equity Historical Data

The historical data trend for Gillanders Arbuthnot'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.

Gillanders Arbuthnot Debt-to-Equity Chart

Gillanders Arbuthnot Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.28 0.85 0.63 0.48 0.59

Gillanders Arbuthnot Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.48 N/A 0.53 N/A 0.59

Competitive Comparison of Gillanders Arbuthnot's Debt-to-Equity

For the Conglomerates subindustry, Gillanders Arbuthnot'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.


Gillanders Arbuthnot's Debt-to-Equity Distribution in the Conglomerates Industry

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

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



Gillanders Arbuthnot Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Gillanders Arbuthnot's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Gillanders Arbuthnot's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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.


Gillanders Arbuthnot  (NSE:GILLANDERS) 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.


Gillanders Arbuthnot Debt-to-Equity Related Terms

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Gillanders Arbuthnot (NSE:GILLANDERS) Business Description

Traded in Other Exchanges
Address
Netaji Subhas Road, C-4, Gillander House, 4th Floor, Kolkata, WB, IND, 700001
Gillanders Arbuthnot & Co Ltd is engaged in the manufacturing and sale of textiles including yarn and fabric. It also cultivates, manufactures, and sells tea and is also engaged in specialized construction activities. Its segments are Textile, Tea, Engineering, and Property segment.

Gillanders Arbuthnot (NSE:GILLANDERS) Headlines

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