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Vinny Overseas (BOM:543670) Debt-to-Equity : 0.13 (As of Sep. 2024)


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What is Vinny Overseas Debt-to-Equity?

Vinny Overseas's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹91 Mil. Vinny Overseas's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹7 Mil. Vinny Overseas's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₹777 Mil. Vinny Overseas's debt to equity for the quarter that ended in Sep. 2024 was 0.13.

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 Vinny Overseas's Debt-to-Equity or its related term are showing as below:

BOM:543670' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13   Med: 0.88   Max: 1.55
Current: 0.13

During the past 11 years, the highest Debt-to-Equity Ratio of Vinny Overseas was 1.55. The lowest was 0.13. And the median was 0.88.

BOM:543670's Debt-to-Equity is ranked better than
77.29% of 938 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.42 vs BOM:543670: 0.13

Vinny Overseas Debt-to-Equity Historical Data

The historical data trend for Vinny Overseas'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.

Vinny Overseas Debt-to-Equity Chart

Vinny Overseas 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 0.97 0.79 0.58 0.64 0.50

Vinny Overseas Quarterly Data
Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 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 0.58 N/A 0.50 N/A 0.13

Competitive Comparison of Vinny Overseas's Debt-to-Equity

For the Textile Manufacturing subindustry, Vinny Overseas'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.


Vinny Overseas's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Vinny Overseas Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Vinny Overseas'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.


Vinny Overseas  (BOM:543670) 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.


Vinny Overseas Debt-to-Equity Related Terms

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Vinny Overseas Business Description

Traded in Other Exchanges
Address
C/O. Vinny Overseas Limited, Narol-Isanpur Road, Behind International Hotel, Narol, Ahmedabad, GJ, IND, 382405
Vinny Overseas Ltd is an Indian firm carrying on the business of Textile products. The products of the company include cotton fabrics, PV blended, PC blended Rayon, Denims, and polyester. Substantial revenue is generated from the manufactured cloth sales.

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