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Haria Apparels (BOM:538081) Debt-to-Equity : 0.21 (As of Sep. 2024)


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What is Haria Apparels Debt-to-Equity?

Haria Apparels's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹1.03 Mil. Haria Apparels's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹10.42 Mil. Haria Apparels's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₹55.41 Mil. Haria Apparels's debt to equity for the quarter that ended in Sep. 2024 was 0.21.

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 Haria Apparels's Debt-to-Equity or its related term are showing as below:

BOM:538081' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.21   Med: 0.71   Max: 2.03
Current: 0.21

During the past 11 years, the highest Debt-to-Equity Ratio of Haria Apparels was 2.03. The lowest was 0.21. And the median was 0.71.

BOM:538081's Debt-to-Equity is ranked better than
68.09% of 937 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.42 vs BOM:538081: 0.21

Haria Apparels Debt-to-Equity Historical Data

The historical data trend for Haria Apparels'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.

Haria Apparels Debt-to-Equity Chart

Haria Apparels 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 0.73 1.70 0.54 0.33 0.25

Haria Apparels Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.24 N/A 0.25 N/A 0.21

Competitive Comparison of Haria Apparels's Debt-to-Equity

For the Textile Manufacturing subindustry, Haria Apparels'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.


Haria Apparels's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Haria Apparels Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Haria Apparels's Debt to Equity Ratio for the quarter that ended in Sep. 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.


Haria Apparels  (BOM:538081) 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.


Haria Apparels Debt-to-Equity Related Terms

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


Haria Apparels Business Description

Traded in Other Exchanges
N/A
Address
8, Subhash Road, Haria Centre, Vile Parle (East), Mumbai, MH, IND, 400057
Haria Apparels Ltd manufactures and sells garments in India. It is engaged in Spinning weaving and finishing Textile. The company is also involved in trading goods. Its products includes apparel and clothing, Home furnishings that is Cushions and Bedcovers, Napkins, Table linen, Towels. Readymade Garments, Uniforms, Athletic Sportswear, Curtain, Knitted, Industrial Fabrics, Accessories, and Material Suppliers, Promotions Caps, T-shirts, Sportswear and Accessories, Wear For Men, Women, and Children, Knitted Garment.

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