Mish Designs (BOM:544015) Debt-to-Equity : 0.09 (As of Sep. 2024)

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What is Mish Designs Debt-to-Equity?

Mish Designs's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹7.4 Mil. Mish Designs's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹6.4 Mil. Mish Designs's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₹148.6 Mil. Mish Designs's debt to equity for the quarter that ended in Sep. 2024 was 0.09.

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 Mish Designs's Debt-to-Equity or its related term are showing as below:

BOM:544015' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.09 Med: 1.38 Max: 4.04
Current: 0.09

During the past 4 years, the highest Debt-to-Equity Ratio of Mish Designs was 4.04. The lowest was 0.09. And the median was 1.38.

BOM:544015's Debt-to-Equity is ranked better than
82.65% of 928 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.41 vs BOM:544015: 0.09

Mish Designs Debt-to-Equity Historical Data

The historical data trend for Mish Designs'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.

Mish Designs Debt-to-Equity Chart

Mish Designs Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

2.08

4.04

1.38

0.16

Mish Designs Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Mar24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial			4.04	1.38	N/A	0.16	0.09

Competitive Comparison of Mish Designs's Debt-to-Equity

For the Apparel Manufacturing subindustry, Mish Designs'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.

Mish Designs's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

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

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

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Mish Designs Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mish Designs'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
	=	(14.912	+	3.569)	/	114.447
	=	0.16

Mish Designs'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
	=	(7.381	+	6.355)	/	148.582
	=	0.09

Mish Designs (BOM:544015) 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.

Mish Designs Debt-to-Equity Related Terms

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Mish Designs Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Mish Designs Ltd (BOM:544015) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hattibaug Love Lane, Gala No. 4, Gulati Industries, Mazgaon, Mumbai, MH, IND, 400010

Website

https://www.mishindia.com

Mish Designs Ltd is engaged in the process of fabrication of fabric into garments under the brand name MISH, CURVES BY MISH in India. It exports its product currently to the UAE under the brand name ZOEY. It offers a collection of over 1000 trending designs to cater to the diverse tastes of its customers. The company offers various products in the Women's wear segment such as Dresses, Gowns, Tops, Co-Ords, T-shirts, Trousers, and Palazzos.

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