Magson Retail and Distribution (NSE:MAGSON) Debt-to-Equity : 0.06 (As of Sep. 2023)

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What is Magson Retail and Distribution Debt-to-Equity?

Magson Retail and Distribution's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹10.0 Mil. Magson Retail and Distribution's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹3.3 Mil. Magson Retail and Distribution's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹229.8 Mil. Magson Retail and Distribution's debt to equity for the quarter that ended in Sep. 2023 was 0.06.

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 Magson Retail and Distribution's Debt-to-Equity or its related term are showing as below:

NSE:MAGSON' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.47 Max: 1.1
Current: 0.06

During the past 3 years, the highest Debt-to-Equity Ratio of Magson Retail and Distribution was 1.10. The lowest was 0.06. And the median was 0.47.

NSE:MAGSON's Debt-to-Equity is ranked better than
90.25% of 277 companies
in the Retail - Defensive industry
Industry Median: 0.6 vs NSE:MAGSON: 0.06

Magson Retail and Distribution Debt-to-Equity Historical Data

The historical data trend for Magson Retail and Distribution'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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Magson Retail and Distribution Debt-to-Equity Chart

Magson Retail and Distribution Annual Data

Trend

Mar21

Mar22

Mar23

Debt-to-Equity

1.10

0.60

0.35

Magson Retail and Distribution Semi-Annual Data
	Mar21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	1.10	0.60	N/A	0.35	0.06

Competitive Comparison of Magson Retail and Distribution's Debt-to-Equity

For the Grocery Stores subindustry, Magson Retail and Distribution'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.

Magson Retail and Distribution's Debt-to-Equity Distribution in the Retail - Defensive Industry

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

* The bar in red indicates where Magson Retail and Distribution's Debt-to-Equity falls into.

Magson Retail and Distribution Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Magson Retail and Distribution'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
	=	(16.265	+	15.931)	/	92.626
	=	0.35

Magson Retail and Distribution'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
	=	(10.009	+	3.275)	/	229.826
	=	0.06

Magson Retail and Distribution (NSE:MAGSON) 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.

Magson Retail and Distribution Debt-to-Equity Related Terms

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

Magson Retail and Distribution (NSE:MAGSON) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Magson Retail and Distribution Ltd (NSE:MAGSON) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Near Judges Bungalows Cross Roads, 204-B, Primate Complex, Opposite Mother Milk Palace, Bodakdev, Ahmedabad, GJ, IND, 380015

Website

https://www.magson.in

Magson Retail and Distribution Ltd is engaged in the retail and Distribution business of gourmet, frozen food, and specialty foods. The company operates retail stores through and own stores, jointly owned stores, and a franchise model under its brand name 'MagSon'. In addition, the company has a separate chocolate store that is operated under the brand name 'My Chocolate World'.

Magson Retail and Distribution (NSE:MAGSON) Headlines

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