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Raj Rayon Industries (BOM:530699) Debt-to-Equity : N/A (As of Jun. 2024)


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What is Raj Rayon Industries Debt-to-Equity?

Raj Rayon Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ₹0 Mil. Raj Rayon Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ₹0 Mil. Raj Rayon Industries's Total Stockholders Equity for the quarter that ended in Jun. 2024 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 Raj Rayon Industries's Debt-to-Equity or its related term are showing as below:

BOM:530699' s Debt-to-Equity Range Over the Past 10 Years
Min: -70.18   Med: -1.21   Max: 17.24
Current: 1.63

During the past 13 years, the highest Debt-to-Equity Ratio of Raj Rayon Industries was 17.24. The lowest was -70.18. And the median was -1.21.

BOM:530699's Debt-to-Equity is ranked worse than
88.03% of 936 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.425 vs BOM:530699: 1.63

Raj Rayon Industries Debt-to-Equity Historical Data

The historical data trend for Raj Rayon Industries'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.

Raj Rayon Industries Debt-to-Equity Chart

Raj Rayon Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.24 -1.17 - 1.21 1.63

Raj Rayon Industries Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 1.64 N/A 1.63 N/A

Competitive Comparison of Raj Rayon Industries's Debt-to-Equity

For the Textile Manufacturing subindustry, Raj Rayon Industries'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.


Raj Rayon Industries's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Raj Rayon Industries's Debt-to-Equity falls into.



Raj Rayon Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Raj Rayon Industries's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Raj Rayon Industries's Debt to Equity Ratio for the quarter that ended in Jun. 2024 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.


Raj Rayon Industries  (BOM:530699) 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.


Raj Rayon Industries Debt-to-Equity Related Terms

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


Raj Rayon Industries Business Description

Traded in Other Exchanges
Address
Veera Desai Road, off New Link Road, A/13 Agarwal Golden Chambers, 3rd Floor, Andheri West, Mumbai, MH, IND, 400053
Raj Rayon Industries Ltd is a polyester manufacturing company. It is primarily engaged in the manufacturing and distribution of polyester chips, polyester yarn, and processed yarn.

Raj Rayon Industries Headlines

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