Billwin Industries (BOM:543209) Debt-to-Equity : 0.76 (As of Sep. 2023)

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What is Billwin Industries Debt-to-Equity?

Billwin Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹30.12 Mil. Billwin Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹16.66 Mil. Billwin Industries's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹61.88 Mil. Billwin Industries's debt to equity for the quarter that ended in Sep. 2023 was 0.76.

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 Billwin Industries's Debt-to-Equity or its related term are showing as below:

BOM:543209' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.82 Max: 7.62
Current: 0.76

During the past 7 years, the highest Debt-to-Equity Ratio of Billwin Industries was 7.62. The lowest was 0.04. And the median was 0.82.

BOM:543209's Debt-to-Equity is ranked worse than
66.92% of 934 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.44 vs BOM:543209: 0.76

Billwin Industries Debt-to-Equity Historical Data

The historical data trend for Billwin 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.

Billwin Industries Debt-to-Equity Chart

Billwin Industries Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

Get a 7-Day Free Trial

0.04

1.34

0.92

0.85

0.80

Billwin Industries Semi-Annual Data
	Mar17	Mar18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial							0.87	0.85	0.75	0.80	0.76

Competitive Comparison of Billwin Industries's Debt-to-Equity

For the Apparel Manufacturing subindustry, Billwin 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.

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

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

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

Billwin Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Billwin Industries's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 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
	=	(27.084	+	18.275)	/	57.035
	=	0.80

Billwin Industries's Debt to Equity Ratio for the quarter that ended in Sep. 2023 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
	=	(30.122	+	16.663)	/	61.884
	=	0.76

Billwin Industries (BOM:543209) 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.

Billwin Industries Debt-to-Equity Related Terms

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Billwin Industries (BOM:543209) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Billwin Industries Ltd (BOM:543209) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

79, Vishal Industrial Estate Village Road, Bhandup West, Mumbai, MH, IND, 400 078

Website

https://www.billwinindustries.com

Billwin Industries Ltd manufactures and trades protective gear; such as rainwear, life jackets, and inflatable boats used in seas and other water bodies for safety. The company's product range includes rainwear coats, rain jackets, winter jackets, inflatable boats, sleeping bags, life jackets, masks, and others.

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