Bizotic Commercial (BOM:543926) Debt-to-Equity : 0.04 (As of Sep. 2024)

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What is Bizotic Commercial Debt-to-Equity?

Bizotic Commercial's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹17.9 Mil. Bizotic Commercial's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹2.5 Mil. Bizotic Commercial's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₹539.6 Mil. Bizotic Commercial's debt to equity for the quarter that ended in Sep. 2024 was 0.04.

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 Bizotic Commercial's Debt-to-Equity or its related term are showing as below:

BOM:543926' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.37 Max: 2.59
Current: 0.04

During the past 6 years, the highest Debt-to-Equity Ratio of Bizotic Commercial was 2.59. The lowest was 0.04. And the median was 0.37.

BOM:543926's Debt-to-Equity is ranked better than
90.62% of 938 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.42 vs BOM:543926: 0.04

Bizotic Commercial Debt-to-Equity Historical Data

The historical data trend for Bizotic Commercial'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.

Bizotic Commercial Debt-to-Equity Chart

Bizotic Commercial Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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2.59

1.33

2.08

0.51

0.04

Bizotic Commercial Semi-Annual Data
	Mar19	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial				N/A	0.51	0.06	0.04	0.04

Competitive Comparison of Bizotic Commercial's Debt-to-Equity

For the Apparel Manufacturing subindustry, Bizotic Commercial'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.

Bizotic Commercial's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

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

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

Bizotic Commercial Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bizotic Commercial'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
	=	(12.641	+	8.983)	/	547.546
	=	0.04

Bizotic Commercial's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(17.903	+	2.452)	/	539.635
	=	0.04

Bizotic Commercial (BOM:543926) 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.

Bizotic Commercial Debt-to-Equity Related Terms

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Bizotic Commercial Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Bizotic Commercial Ltd (BOM:543926) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

15, Ashwamegh Warehouses, Ujala Circle, Sarkhej, Dascroi, Ahmedabad, GJ, IND, 382210

Website

https://www.bizoticgroup.com

Bizotic Commercial Ltd manufactures, designs, and markets readymade garments, offering a range of men's Formal Wear, Casual Wear, Party Wear, Fit Wear, Sports Wear, Comfort Wear, Ethnic Wear, and Winter Wear. The company sells its products on wholesale as well as retail basis. The company generates all its operational revenue from the sale of its products.

Bizotic Commercial Headlines

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