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Shukra Bullions (BOM:531506) Debt-to-Equity : 0.00 (As of Mar. 2024)


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What is Shukra Bullions Debt-to-Equity?

Shukra Bullions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0.00 Mil. Shukra Bullions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0.00 Mil. Shukra Bullions's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹16.70 Mil. Shukra Bullions'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 Shukra Bullions's Debt-to-Equity or its related term are showing as below:

BOM:531506' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.8   Med: 1.8   Max: 1.8
Current: 1.66

During the past 13 years, the highest Debt-to-Equity Ratio of Shukra Bullions was 1.80. The lowest was 1.80. And the median was 1.80.

BOM:531506's Debt-to-Equity is ranked worse than
82.89% of 1005 companies
in the Retail - Cyclical industry
Industry Median: 0.61 vs BOM:531506: 1.66

Shukra Bullions Debt-to-Equity Historical Data

The historical data trend for Shukra Bullions'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.

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Shukra Bullions Debt-to-Equity Chart

Shukra Bullions Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Equity
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Shukra Bullions 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 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 2.27 N/A -

Competitive Comparison of Shukra Bullions's Debt-to-Equity

For the Luxury Goods subindustry, Shukra Bullions'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.


Shukra Bullions's Debt-to-Equity Distribution in the Retail - Cyclical Industry

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

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



Shukra Bullions Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shukra Bullions's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Shukra Bullions's Debt to Equity Ratio for the quarter that ended in Mar. 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.


Shukra Bullions  (BOM:531506) 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.


Shukra Bullions Debt-to-Equity Related Terms

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


Shukra Bullions (BOM:531506) Business Description

Traded in Other Exchanges
N/A
Address
M.P. Marg, Opera House, 232, Panchratna, 2nd Floor, Girgaon, Mumbai, MH, IND, 400004
Shukra Bullions Ltd is engaged in the manufacture, design, marketing, and distribution of diamond studded gold jewelry, trading in cut and polished diamonds, and Real Estate Business The company generates a majority of its revenue from the sale of diamonds.

Shukra Bullions (BOM:531506) Headlines

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