Raymond Lifestyle (BOM:544240) Debt-to-Equity : 0.22 (As of Sep. 2024)

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What is Raymond Lifestyle Debt-to-Equity?

Raymond Lifestyle's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹11,511 Mil. Raymond Lifestyle's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹9,633 Mil. Raymond Lifestyle's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₹95,583 Mil. Raymond Lifestyle's debt to equity for the quarter that ended in Sep. 2024 was 0.22.

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 Raymond Lifestyle's Debt-to-Equity or its related term are showing as below:

BOM:544240' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.12 Max: 0.22
Current: 0.22

During the past 3 years, the highest Debt-to-Equity Ratio of Raymond Lifestyle was 0.22. The lowest was 0.03. And the median was 0.12.

BOM:544240's Debt-to-Equity is ranked better than
66.7% of 928 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.41 vs BOM:544240: 0.22

Raymond Lifestyle Debt-to-Equity Historical Data

The historical data trend for Raymond Lifestyle'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.

Raymond Lifestyle Debt-to-Equity Chart

Raymond Lifestyle Annual Data

Trend

Mar22

Mar23

Mar24

Debt-to-Equity

0.08

0.03

0.16

Raymond Lifestyle Semi-Annual Data
	Mar22	Mar23	Sep23	Mar24	Sep24
Debt-to-Equity	0.08	0.03	N/A	0.16	0.22

Competitive Comparison of Raymond Lifestyle's Debt-to-Equity

For the Apparel Manufacturing subindustry, Raymond Lifestyle'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.

Raymond Lifestyle's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

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

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

Raymond Lifestyle Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Raymond Lifestyle'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
	=	(7175.313	+	8213.385)	/	97394.424
	=	0.16

Raymond Lifestyle'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
	=	(11511	+	9633.2)	/	95583.4
	=	0.22

Raymond Lifestyle (BOM:544240) 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.

Raymond Lifestyle Debt-to-Equity Related Terms

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Raymond Lifestyle Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Raymond Lifestyle Ltd (BOM:544240) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

RAYMONDLSL:India

Address

Narottam Morarjee Marg, Raymond Limited, New Hind House, Ballard Estate, Mumbai, MH, IND, 400001

Website

https://www.raymondlifestyle.com

Raymond Lifestyle Ltd is engaged in the textile and business business. The company's business activities offer premium fabrics, apparel, suiting, shirting, garments, custom tailoring, and other services. The brands under the company's name are Park Avenue, ColourPlus, ethnix, parx, and others.

Raymond Lifestyle Headlines

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