Emerald Leisures (BOM:507265) Debt-to-Equity : -1.57 (As of Mar. 2024)

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What is Emerald Leisures Debt-to-Equity?

Emerald Leisures's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹749.4 Mil. Emerald Leisures's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹456.6 Mil. Emerald Leisures's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹-769.8 Mil. Emerald Leisures's debt to equity for the quarter that ended in Mar. 2024 was -1.57.

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 Emerald Leisures's Debt-to-Equity or its related term are showing as below:

BOM:507265' s Debt-to-Equity Range Over the Past 10 Years
Min: -18.73 Med: -1.72 Max: 5.89
Current: -1.57

During the past 13 years, the highest Debt-to-Equity Ratio of Emerald Leisures was 5.89. The lowest was -18.73. And the median was -1.72.

BOM:507265's Debt-to-Equity is not ranked
in the Travel & Leisure industry.
Industry Median: 0.46 vs BOM:507265: -1.57

Emerald Leisures Debt-to-Equity Historical Data

The historical data trend for Emerald Leisures'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.

Emerald Leisures Debt-to-Equity Chart

Emerald Leisures Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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-1.86

-1.44

-1.24

-1.23

-1.57

Emerald Leisures Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															-1.23	N/A	-1.60	-1.60	-1.57

Competitive Comparison of Emerald Leisures's Debt-to-Equity

For the Leisure subindustry, Emerald Leisures'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.

Emerald Leisures's Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Emerald Leisures's Debt-to-Equity distribution charts can be found below:

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

Emerald Leisures Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Emerald Leisures's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 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
	=	(749.382	+	456.571)	/	-769.835
	=	-1.57

Emerald Leisures's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(749.382	+	456.571)	/	-769.835
	=	-1.57

Emerald Leisures (BOM:507265) 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.

Emerald Leisures Debt-to-Equity Related Terms

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Emerald Leisures (BOM:507265) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Emerald Leisures Ltd (BOM:507265) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Club Emerald Sports Complex, off E. Express Highway, Plot Number 366/15, Swastik Park, Near Sushrut and Mangal Anand Hospital, Chembur, Mumbai, MH, IND, 400071

Website

https://www.clubemerald.in

Emerald Leisures Ltd develops the sports complex in India. The company operates various facilities at the sports complex, including acquiring memberships for the sports complex, as well as a liquor bar. The facilities offered by the company include Leisure, Sports, Rooms, Dining, and Banquets. The company generates the majority of its revenue from Banquets and Restaurant income.

Emerald Leisures (BOM:507265) Headlines

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