Liberty Shoes (BOM:526596) Debt-to-Equity: 0.71 (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:526596 Liberty Shoes Ltd BOM:526596
73 GF Score
Price ₹240.75
GF Value ₹365.05
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Liberty Shoes Debt-to-Equity?

Liberty Shoes BOM:526596 -1.93% 73 Debt-to-Equity is 0.71 as of Mar. 2026, which is at its 10-year median of 0.71. GuruFocus rates BOM:526596 with a GF Score™ of 73/100 and a GF Value™ of ₹365.05 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 930 Manufacturing - Apparel & Accessories companies, Liberty Shoes ranks worse than 66.45% on this metric.

Liberty Shoes's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹760 Mil. Liberty Shoes's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹903 Mil. Liberty Shoes's Total Stockholders Equity for the quarter that ended in Mar. 2026 was ₹2,338 Mil. Liberty Shoes's debt to equity for the quarter that ended in Mar. 2026 was 0.71.

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 Liberty Shoes's Debt-to-Equity or its related term are showing as below:

BOM:526596' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.62   Med: 0.71   Max: 1.16
Current: 0.71

During the past 13 years, the highest Debt-to-Equity Ratio of Liberty Shoes was 1.16. The lowest was 0.62. And the median was 0.71.

BOM:526596's Debt-to-Equity is ranked worse than
66.45% of 930 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.42 vs BOM:526596: 0.71

Liberty Shoes  (BOM:526596) 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.


Liberty Shoes Debt-to-Equity Related Terms


Liberty Shoes Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Liberty Shoes'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.

Liberty Shoes Debt-to-Equity Chart

Liberty Shoes Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.66 0.81 0.71 0.70 0.71

Liberty Shoes Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.70 N/A 0.73 N/A 0.71

BOM:526596 vs NKE, DECK, ONON: Debt-to-Equity Comparison

For the Footwear & Accessories subindustry, Liberty Shoes'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.


Liberty Shoes Debt-to-Equity vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Liberty Shoes's Debt-to-Equity distribution charts can be found below:

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


BOM:526596
73GF Score
Liberty Shoes Ltd BOM:526596
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Liberty Shoes Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Liberty Shoes's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Liberty Shoes's Debt to Equity Ratio for the quarter that ended in Mar. 2026 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.71 mean?
Liberty Shoes (BOM:526596) has a Debt-to-Equity of 0.71 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Liberty Shoes and its competitors. This is near median its historical median of 0.71. Over the past decade, Liberty Shoes' Debt-to-Equity has ranged from 0.62 to 1.16. According to the industry distribution chart, Liberty Shoes ranks #618 out of 930 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 66.5%.
Is Liberty Shoes' Debt-to-Equity too high?
Liberty Shoes' current Debt-to-Equity of 0.71 is near median its 10-year median of 0.71. Over the past 10 years, this metric has ranged from a low of 0.62 to a high of 1.16. The Manufacturing - Apparel & Accessories industry median Debt-to-Equity is 0.42. Liberty Shoes' value of 0.71 is 69% above this industry median. Based on the distribution chart, Liberty Shoes ranks #618 out of 930 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Liberty Shoes has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Liberty Shoes' Debt-to-Equity compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Liberty Shoes ranks #618 out of 930 companies for Debt-to-Equity. This places Liberty Shoes in the lower half of its industry. The industry median Debt-to-Equity is 0.42. Liberty Shoes' value of 0.71 is 69% above this benchmark. Historically, Liberty Shoes' own Debt-to-Equity has ranged from 0.62 to 1.16 over the past decade. While the company's 10-year median is 0.71 vs. the industry median of 0.42, Liberty Shoes has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Manufacturing - Apparel & Accessories company?
The median Debt-to-Equity among Manufacturing - Apparel & Accessories companies is 0.42, based on 930 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Liberty Shoes's current Debt-to-Equity of 0.71 is 69% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Liberty Shoes and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Debt-to-Equity is 0.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Liberty Shoes's current Debt-to-Equity is 0.71, which is near median its own 10-year median of 0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Liberty Shoes stock overvalued right now?
Based on GuruFocus' analysis, Liberty Shoes (BOM:526596) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹365.05, compared to a current price of ₹240.75 — trading 34.1% below its estimated fair value. The current Debt-to-Equity is 0.71, which is near median its 10-year median of 0.71 and 69% above the Manufacturing - Apparel & Accessories industry median of 0.42. Liberty Shoes' overall GF Score™ is 73/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Liberty Shoes (BOM:526596), the current Debt-to-Equity is 0.71 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Liberty Shoes (BOM:526596) Overvalued in 2026?

Based on GuruFocus' analysis, Liberty Shoes stock appears to be undervalued. The current stock price of ₹240.75 is trading 34.1% below its estimated GF Value™ of ₹365.05. GuruFocus considers Liberty Shoes to be Significantly Undervalued.

Key valuation signals for BOM:526596:

  • Debt-to-Equity: 0.71 (near median its 10-year median of 0.71)
  • GF Value™: ₹365.05 vs. price of ₹240.75 (34.1% below fair value)
  • GF Score™: 73/100 with 2 warning signs
  • Industry Position: 69% above the Manufacturing - Apparel & Accessories median (#618 of 930)

No single metric tells the full story. See the BOM:526596 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Liberty Shoes Business Description

Other Exchanges LIBERTSHOE:India
Address Golf Course Extension Road, Sector - 58, 19th Floor, Magnum Global Park, Tower - 2, Gurugram, HR, IND, 122011
Liberty Shoes Ltd is involved in the footwear industry. The company is also engaged in the business of manufacturing and trading footwear and accessories through its retail and wholesale network. The product line of the company consists of Healers, Fortune, Force10, Senorita, Gliders, AHA, Coolers, Prefect, Lear, and Footfun.
73GF Score

Get the complete analysis for BOM:526596

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹240.75
Price
₹365.05
GF Value