Arvind Fashions (BOM:542484) Debt-to-Equity : 1.14 (As of Mar. 2024)

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What is Arvind Fashions Debt-to-Equity?

Arvind Fashions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹6,008 Mil. Arvind Fashions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹5,471 Mil. Arvind Fashions's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹10,033 Mil. Arvind Fashions's debt to equity for the quarter that ended in Mar. 2024 was 1.14.

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 Arvind Fashions's Debt-to-Equity or its related term are showing as below:

BOM:542484' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.7 Med: 1.39 Max: 3.64
Current: 1.14

During the past 9 years, the highest Debt-to-Equity Ratio of Arvind Fashions was 3.64. The lowest was 0.70. And the median was 1.39.

BOM:542484's Debt-to-Equity is ranked worse than
78.14% of 933 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.43 vs BOM:542484: 1.14

Arvind Fashions Debt-to-Equity Historical Data

The historical data trend for Arvind Fashions'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.

Arvind Fashions Debt-to-Equity Chart

Arvind Fashions Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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3.62

3.64

1.47

1.39

1.14

Arvind Fashions 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															1.39	N/A	1.41	N/A	1.14

Competitive Comparison of Arvind Fashions's Debt-to-Equity

For the Apparel Manufacturing subindustry, Arvind Fashions'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.

Arvind Fashions's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

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

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

Arvind Fashions Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(6008.2	+	5471)	/	10032.9
	=	1.14

Arvind Fashions's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(6008.2	+	5471)	/	10032.9
	=	1.14

Arvind Fashions (BOM:542484) 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.

Arvind Fashions Debt-to-Equity Related Terms

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

Arvind Fashions (BOM:542484) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Arvind Fashions Ltd (BOM:542484) » Definitions » Debt-to-Equity

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ARVINDFASN:India

Address

17, M.G Road, Du Parc Trinity, 8th Floor, Bangalore, KA, IND, 560 001

Website

https://www.arvind.com

Arvind Fashions Ltd is a branded apparel & Accessories company. The company's brands include US Polo, Tommy Hilfiger, Nautica, GAP, Calvin Klein, and others. Geographically, it derives a majority of its revenue from India. Its business activity falls within a single operating business segment of Branded Apparels.

Arvind Fashions (BOM:542484) Headlines

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