Royal Sense (BOM:544143) Debt-to-Equity : 0.08 (As of Sep. 2024)

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What is Royal Sense Debt-to-Equity?

Royal Sense's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹15.50 Mil. Royal Sense's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹0.00 Mil. Royal Sense's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₹205.89 Mil. Royal Sense's debt to equity for the quarter that ended in Sep. 2024 was 0.08.

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 Royal Sense's Debt-to-Equity or its related term are showing as below:

BOM:544143' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 0.08 Max: 0.49
Current: 0.08

During the past 4 years, the highest Debt-to-Equity Ratio of Royal Sense was 0.49. The lowest was 0.07. And the median was 0.08.

BOM:544143's Debt-to-Equity is ranked better than
78.95% of 95 companies
in the Medical Distribution industry
Industry Median: 0.39 vs BOM:544143: 0.08

Royal Sense Debt-to-Equity Historical Data

The historical data trend for Royal Sense'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.

Royal Sense Debt-to-Equity Chart

Royal Sense Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

0.49

0.16

0.09

Royal Sense Quarterly Data
	Mar21	Mar22	Mar23	Jun23	Sep23	Mar24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial			0.16	0.07	0.07	0.09	0.08

Competitive Comparison of Royal Sense's Debt-to-Equity

For the Medical Distribution subindustry, Royal Sense'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.

Royal Sense's Debt-to-Equity Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Royal Sense's Debt-to-Equity distribution charts can be found below:

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

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Royal Sense Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Royal Sense'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
	=	(16.033	+	0)	/	182.228
	=	0.09

Royal Sense'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
	=	(15.495	+	0)	/	205.885
	=	0.08

Royal Sense (BOM:544143) 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.

Royal Sense Debt-to-Equity Related Terms

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

Royal Sense Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Royal Sense Ltd (BOM:544143) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Samaypur Badli, Bawana Road, First Floor, Plot No 57, Phase-II, Badli Industrial Area, Badli, Delhi, IND, 110042

Website

https://www.royalsense.in

Royal Sense Ltd is a suppliers of healthcare products. It supplies goods to hospitals, laboratories, institutions and clinics to provide health services and offer a wide range of surgical accessories, tools, equipment and other things.

Royal Sense Headlines

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