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Music Broadcast (BOM:540366) Debt-to-Equity : N/A (As of Dec. 2023)


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What is Music Broadcast Debt-to-Equity?

Music Broadcast's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Music Broadcast's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Music Broadcast's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹0 Mil.

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 Music Broadcast's Debt-to-Equity or its related term are showing as below:

BOM:540366' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03   Med: 0.08   Max: 12.08
Current: 0.19

During the past 12 years, the highest Debt-to-Equity Ratio of Music Broadcast was 12.08. The lowest was 0.03. And the median was 0.08.

BOM:540366's Debt-to-Equity is ranked better than
58.93% of 845 companies
in the Media - Diversified industry
Industry Median: 0.28 vs BOM:540366: 0.19

Music Broadcast Debt-to-Equity Historical Data

The historical data trend for Music Broadcast'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.

Music Broadcast Debt-to-Equity Chart

Music Broadcast Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 0.04 0.04 0.03 0.19

Music Broadcast Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Dec23
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 N/A 0.03 N/A 0.19 N/A

Competitive Comparison of Music Broadcast's Debt-to-Equity

For the Broadcasting subindustry, Music Broadcast'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.


Music Broadcast's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Music Broadcast's Debt-to-Equity distribution charts can be found below:

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



Music Broadcast Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Music Broadcast's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Music Broadcast's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Music Broadcast  (BOM:540366) 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.


Music Broadcast Debt-to-Equity Related Terms

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


Music Broadcast (BOM:540366) Business Description

Traded in Other Exchanges
Address
Off Western Express Highway, 5th Floor, RNA Corporate Park, Kalanagar, Bandra (East), Mumbai, MH, IND, 400 051
Music Broadcast Ltd is engaged in the business of operating Private FM Radio Stations through the brand Radio City. The Company is engaged in the business of radio broadcasting and other related activities under the 'Radio City' brand in India.

Music Broadcast (BOM:540366) Headlines

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