Devyani International (BOM:543330) Debt-to-Equity : 2.75 (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Devyani International Debt-to-Equity?

Devyani International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹3,253 Mil. Devyani International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹25,804 Mil. Devyani International's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹10,558 Mil. Devyani International's debt to equity for the quarter that ended in Mar. 2024 was 2.75.

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 Devyani International's Debt-to-Equity or its related term are showing as below:

BOM:543330' s Debt-to-Equity Range Over the Past 10 Years
Min: -48.51 Med: 1.72 Max: 11.67
Current: 2.75

During the past 6 years, the highest Debt-to-Equity Ratio of Devyani International was 11.67. The lowest was -48.51. And the median was 1.72.

BOM:543330's Debt-to-Equity is ranked worse than
82.51% of 303 companies
in the Restaurants industry
Industry Median: 0.94 vs BOM:543330: 2.75

Devyani International Debt-to-Equity Historical Data

The historical data trend for Devyani International'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.

Devyani International Debt-to-Equity Chart

Devyani International Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

Get a 7-Day Free Trial

-10.10

11.67

1.83

1.61

2.75

Devyani International Quarterly Data
	Mar19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial												1.61	N/A	1.63	N/A	2.75

Competitive Comparison of Devyani International's Debt-to-Equity

For the Restaurants subindustry, Devyani International'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.

Devyani International's Debt-to-Equity Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Devyani International's Debt-to-Equity distribution charts can be found below:

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

Devyani International Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Devyani International'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
	=	(3252.98	+	25803.83)	/	10557.63
	=	2.75

Devyani International'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
	=	(3252.98	+	25803.83)	/	10557.63
	=	2.75

Devyani International (BOM:543330) 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.

Devyani International Debt-to-Equity Related Terms

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

Devyani International (BOM:543330) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Devyani International Ltd (BOM:543330) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

DEVYANI:India

Address

Plot No. 18, Sector-35, Gurugram, HR, IND, 122 004

Website

https://www.dil-rjcorp.com

Devyani International Ltd is a franchisee of Yum Brands in India and is among the largest operators of quick-service restaurants chain and operates around 1243 stores across 155 cities in India. Geographically, it derives a majority of its revenue from India.

Devyani International (BOM:543330) Headlines

No Headlines