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VIP Clothing (BOM:532613) Debt-to-Equity : N/A (As of Jun. 2024)


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What is VIP Clothing Debt-to-Equity?

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

BOM:532613' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.43   Med: 0.65   Max: 0.97
Current: 0.58

During the past 13 years, the highest Debt-to-Equity Ratio of VIP Clothing was 0.97. The lowest was 0.43. And the median was 0.65.

BOM:532613's Debt-to-Equity is ranked worse than
58.65% of 936 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.425 vs BOM:532613: 0.58

VIP Clothing Debt-to-Equity Historical Data

The historical data trend for VIP Clothing'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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VIP Clothing Debt-to-Equity Chart

VIP Clothing 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 0.61 0.69 0.78 0.59 0.58

VIP Clothing 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 0.58 N/A 0.58 N/A

Competitive Comparison of VIP Clothing's Debt-to-Equity

For the Apparel Manufacturing subindustry, VIP Clothing'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.


VIP Clothing's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



VIP Clothing Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

VIP Clothing'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.


VIP Clothing  (BOM:532613) 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.


VIP Clothing Debt-to-Equity Related Terms

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


VIP Clothing Business Description

Traded in Other Exchanges
Address
C-6, Road No. 22, MIDC, Andheri (East), Mumbai, MH, IND, 400 093
VIP Clothing Ltd is an Indian company which is active in manufacturing innerwear and socks under the brand VIP Inners, Frenchie, Frenchie X, VIP Leader, and VIP Feelings and all of their sub-brands for men and women. The company has one operating segment, namely Hosiery and others. Geographically the company generates the majority of their revenue within India.

VIP Clothing Headlines

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