Marvel Decor (NSE:MDL) Debt-to-Equity : 0.29 (As of Sep. 2023)

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What is Marvel Decor Debt-to-Equity?

Marvel Decor's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹124.2 Mil. Marvel Decor's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹20.1 Mil. Marvel Decor's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹490.3 Mil. Marvel Decor's debt to equity for the quarter that ended in Sep. 2023 was 0.29.

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 Marvel Decor's Debt-to-Equity or its related term are showing as below:

NSE:MDL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.29 Max: 1.91
Current: 0.29

During the past 11 years, the highest Debt-to-Equity Ratio of Marvel Decor was 1.91. The lowest was 0.03. And the median was 0.29.

NSE:MDL's Debt-to-Equity is ranked better than
55.61% of 383 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.35 vs NSE:MDL: 0.29

Marvel Decor Debt-to-Equity Historical Data

The historical data trend for Marvel Decor'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.

Marvel Decor Debt-to-Equity Chart

Marvel Decor Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

Get a 7-Day Free Trial

0.12

0.26

0.25

0.29

Marvel Decor Semi-Annual Data
	Mar13	Mar14	Mar15	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial													0.27	0.25	0.31	0.29	0.29

Competitive Comparison of Marvel Decor's Debt-to-Equity

For the Furnishings, Fixtures & Appliances subindustry, Marvel Decor'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.

Marvel Decor's Debt-to-Equity Distribution in the Furnishings, Fixtures & Appliances Industry

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

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

Marvel Decor Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Marvel Decor'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
	=	(123.431	+	14.863)	/	475.98
	=	0.29

Marvel Decor'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
	=	(124.183	+	20.134)	/	490.317
	=	0.29

Marvel Decor (NSE:MDL) 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.

Marvel Decor Debt-to-Equity Related Terms

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

Marvel Decor (NSE:MDL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Marvel Decor Ltd (NSE:MDL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot No. 210-211, GIDC Phase II, Dared, Jamnagar, GJ, IND, 361004

Website

https://www.marvellifestyle.com

Marvel Decor Ltd is an Indian-based company that engages in the manufacture of window blinds. It is engaged in the manufacturing and sale of window covering products like blinds, curtain rods, and tracks. It specializes in Roller blinds, Roman blinds, Luzon blinds, Grayson blinds, Eton blinds, Patricia blinds, Aric blinds, Colby blinds, Meliso blinds, Vertical blinds, Bamboo blinds, Wooden Venetian blinds, among others. The Company' business is geographically segmented covers the following countries such as UK, UAE, USA, Canada, Malta, Ireland, Australia, Ghana, New Zealand, Mexico, Nigeria, Kenya, Israel, etc.

Marvel Decor (NSE:MDL) Headlines

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