Zodiac JRD- MKJ (BOM:512587) Debt-to-Equity : 0.01 (As of Mar. 2024)

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What is Zodiac JRD- MKJ Debt-to-Equity?

Zodiac JRD- MKJ's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0.45 Mil. Zodiac JRD- MKJ's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹2.65 Mil. Zodiac JRD- MKJ's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹675.00 Mil. Zodiac JRD- MKJ's debt to equity for the quarter that ended in Mar. 2024 was 0.00.

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 Zodiac JRD- MKJ's Debt-to-Equity or its related term are showing as below:

BOM:512587' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.01 Max: 0.01
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Zodiac JRD- MKJ was 0.01. The lowest was 0.01. And the median was 0.01.

BOM:512587's Debt-to-Equity is ranked better than
99.9% of 1005 companies
in the Retail - Cyclical industry
Industry Median: 0.61 vs BOM:512587: 0.01

Zodiac JRD- MKJ Debt-to-Equity Historical Data

The historical data trend for Zodiac JRD- MKJ'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.

Zodiac JRD- MKJ Debt-to-Equity Chart

Zodiac JRD- MKJ Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.01

Zodiac JRD- MKJ Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															N/A	-	N/A	N/A	0.01

Competitive Comparison of Zodiac JRD- MKJ's Debt-to-Equity

For the Luxury Goods subindustry, Zodiac JRD- MKJ'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.

Zodiac JRD- MKJ's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Zodiac JRD- MKJ's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Zodiac JRD- MKJ's Debt-to-Equity falls into.

Zodiac JRD- MKJ Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Zodiac JRD- MKJ'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
	=	(0.446	+	2.645)	/	675.001
	=	0.00

Zodiac JRD- MKJ'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
	=	(0.446	+	2.645)	/	675.001
	=	0.00

Zodiac JRD- MKJ (BOM:512587) 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.

Zodiac JRD- MKJ Debt-to-Equity Related Terms

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

Zodiac JRD- MKJ (BOM:512587) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Zodiac JRD- MKJ Ltd (BOM:512587) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

39 J.S.S. Road, 910, Parekh Market, Opera House, Opposite Kennedy Bridge, Mumbai, MH, IND, 400004

Website

https://www.zodiacjrdmkjltd.com

Zodiac JRD- MKJ Ltd is an India-based company engaged in the manufacturing of Diamond and gold Jewelry. The company operates in only one business segment viz. manufacturing, sale, and trading of Gold & Diamond jewelry, cut & polished Diamonds, Precious Stones & Semi Precious Stones. It offers silver jewelry, rough diamonds, precious stones, and semi-precious stones. The company is a part of the Jhaveri family (JRD group.

Zodiac JRD- MKJ (BOM:512587) Headlines

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