Marble City India (BOM:531281) Debt-to-Equity

: 1.93 (As of Sep. 2022)

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Marble City India's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was ₹242.6 Mil. Marble City India's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was ₹319.4 Mil. Marble City India's Total Stockholders Equity for the quarter that ended in Sep. 2022 was ₹291.4 Mil. Marble City India's debt to equity for the quarter that ended in Sep. 2022 was 1.93.

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 Marble City India's Debt-to-Equity or its related term are showing as below:

BOM:531281' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.86 Med: 2.37 Max: 4.81
Current: 1.93

During the past 13 years, the highest Debt-to-Equity Ratio of Marble City India was 4.81. The lowest was 0.86. And the median was 2.37.

BOM:531281's Debt-to-Equity is ranked worse than
90.68% of 1417 companies
in the Construction industry
Industry Median: 0.46 vs BOM:531281: 1.93

Marble City India Debt-to-Equity Historical Data

The historical data trend for Marble City India'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.

Marble City India Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Debt-to-Equity

2.86

1.49

1.48

1.67

1.84

Marble City India Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Debt-to-Equity																1.63	N/A	1.84	N/A	1.93

Competitive Comparison

For the Building Products & Equipment subindustry, Marble City India'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.

Annual Data Quarterly Data

Marble City India Debt-to-Equity Distribution

For the Construction industry and Industrials sector, Marble City India's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Marble City India's Debt-to-Equity falls in comparison to its industry or sector. The grey bar indicates the Debt-to-Equity's extreme value range as defined by GuruFocus.

Marble City India Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Marble City India's Debt to Equity Ratio for the fiscal year that ended in Mar. 2022 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
	=	(252.959	+	277.791)	/	287.805
	=	1.84

Marble City India's Debt to Equity Ratio for the quarter that ended in Sep. 2022 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
	=	(242.582	+	319.392)	/	291.353
	=	1.93

Marble City India (BOM:531281) 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.

Marble City India Debt-to-Equity Related Terms

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

Marble City India (BOM:531281) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Marble City India Ltd (BOM:531281) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Kailash Colony, A -30, S-11, Second Floor, New Delhi, IND, 110048

Website

https://www.marblecity.in

Marble City India Ltd is an India-based company primarily engaged in the business activity of manufacturing and trading of marbles and slabs. It is involved in cutting, finishing, and trading imported marbles. The group primarily markets its products in India. The company supplies its products for the projects such as hotels, shopping malls, premium residential complexes, club, motels, factories, corporate headquarters, office, and others.

Marble City India (BOM:531281) Headlines

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