Raconteur Global Resources (BOM:541703) Debt-to-Equity : 0.01 (As of Sep. 2023)

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What is Raconteur Global Resources Debt-to-Equity?

Raconteur Global Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹1.21 Mil. Raconteur Global Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹0.00 Mil. Raconteur Global Resources's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹124.54 Mil. Raconteur Global Resources's debt to equity for the quarter that ended in Sep. 2023 was 0.01.

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 Raconteur Global Resources's Debt-to-Equity or its related term are showing as below:

BOM:541703' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.19 Max: 0.28
Current: 0.01

During the past 5 years, the highest Debt-to-Equity Ratio of Raconteur Global Resources was 0.28. The lowest was 0.01. And the median was 0.19.

BOM:541703's Debt-to-Equity is ranked better than
99.88% of 846 companies
in the Media - Diversified industry
Industry Median: 0.28 vs BOM:541703: 0.01

Raconteur Global Resources Debt-to-Equity Historical Data

The historical data trend for Raconteur Global Resources'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.

Raconteur Global Resources Debt-to-Equity Chart

Raconteur Global Resources Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

0.13

0.18

0.24

0.27

0.21

Raconteur Global Resources Semi-Annual Data
	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial						0.28	0.27	0.01	0.21	0.01

Competitive Comparison of Raconteur Global Resources's Debt-to-Equity

For the Entertainment subindustry, Raconteur Global Resources'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.

Raconteur Global Resources's Debt-to-Equity Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Raconteur Global Resources's Debt-to-Equity falls into.

Raconteur Global Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Raconteur Global Resources'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
	=	(20.071	+	0)	/	97.949
	=	0.20

Raconteur Global Resources'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
	=	(1.207	+	0)	/	124.538
	=	0.01

Raconteur Global Resources (BOM:541703) 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.

Raconteur Global Resources Debt-to-Equity Related Terms

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

Raconteur Global Resources (BOM:541703) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Raconteur Global Resources Ltd (BOM:541703) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Bhaudaji Road, Parshvanath Gardens, No. 503, 5th Floor, Plot-461D, A Wing, Kings Circle, Matunga, Mumbai, MH, IND, 400019

Website

https://www.ganeshfilms.com

Raconteur Global Resources Ltd formerly Ganesh Films India Ltd is engaged in bridging the gap between the South Indian film Industry and South Indian movie fans in the Northern and Western regions of India. The company distributes regional films which include Tamil, Telugu, and Malayalam. The company derives its revenue from the sale of movie distribution rights from the theatres and commission income.

Raconteur Global Resources (BOM:541703) Headlines

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