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Kitex Garments (NSE:KITEX) Debt-to-Revenue : 0.98 (As of Mar. 2024)


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What is Kitex Garments Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Kitex Garments's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹765 Mil. Kitex Garments's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹6,047 Mil. Kitex Garments's annualized Revenue for the quarter that ended in Mar. 2024 was ₹6,922 Mil. Kitex Garments's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.98.


Kitex Garments Debt-to-Revenue Historical Data

The historical data trend for Kitex Garments's Debt-to-Revenue 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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Kitex Garments Debt-to-Revenue Chart

Kitex Garments Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 - 0.10 0.05 1.10

Kitex Garments Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Revenue 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 0.06 - 0.64 - 0.98

Competitive Comparison of Kitex Garments's Debt-to-Revenue

For the Apparel Manufacturing subindustry, Kitex Garments's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.


Kitex Garments's Debt-to-Revenue Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Kitex Garments's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Kitex Garments's Debt-to-Revenue falls into.



Kitex Garments Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Kitex Garments's Debt-to-Revenue for the fiscal year that ended in Mar. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(765.219 + 6046.748) / 6169.22
=1.10

Kitex Garments's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(765.219 + 6046.748) / 6922.144
=0.98

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Mar. 2024) Revenue data.


Kitex Garments Debt-to-Revenue Related Terms

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Kitex Garments (NSE:KITEX) Business Description

Traded in Other Exchanges
Address
P.B. No. 5, Kizhakkambalam, Building No. 9/536 A, Aluva, Ernakulam, Kochi, KL, IND, 683562
Kitex Garments Ltd manufactures cotton garments and fabrics. Garments account for the company's revenue and focus on infant wear such as body suits, sleepwear, rompers, burps, bibs, and training pants. Kitex manufactures the products for companies such as Carters, Gerber, Mothercare, Jockey, Children's Place, Kohl's, and Toys R. The company also owns the Little Star brand and licenses the Lamaze brand for distribution in the United States and Canada. Kitex exports almost all the garments it produces, which it manufactures in India, to the United States and Europe.

Kitex Garments (NSE:KITEX) Headlines

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