Hamid Fabrics (DHA:HFL) Debt-to-Equity: 0.53 (As of Sep. 2024)

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DHA:HFL Hamid Fabrics PLC DHA:HFL
10 GF Score
Price BDT13.90
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What is Hamid Fabrics Debt-to-Equity?

Hamid Fabrics DHA:HFL 10 Debt-to-Equity is 0.53 as of Sep. 2024. GuruFocus rates DHA:HFL with a GF Score™ of 10/100.

Hamid Fabrics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was BDT766 Mil. Hamid Fabrics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was BDT805 Mil. Hamid Fabrics's Total Stockholders Equity for the quarter that ended in Sep. 2024 was BDT2,969 Mil. Hamid Fabrics's debt to equity for the quarter that ended in Sep. 2024 was 0.53.

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 Hamid Fabrics's Debt-to-Equity or its related term are showing as below:

DHA:HFL's Debt-to-Equity is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 0.41
* Ranked among companies with meaningful Debt-to-Equity only.

Hamid Fabrics  (DHA:HFL) 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.


Hamid Fabrics Debt-to-Equity Related Terms


Hamid Fabrics Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Hamid Fabrics'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.

Hamid Fabrics Debt-to-Equity Chart

Hamid Fabrics Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.19 0.18 0.21 0.21 0.20

Hamid Fabrics Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 0.20 0.27 0.25 0.28 0.53

Hamid Fabrics Debt-to-Equity Competitor Comparison

For the Textile Manufacturing subindustry, Hamid Fabrics'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.


Hamid Fabrics Debt-to-Equity vs Manufacturing - Apparel & Accessories Industry

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

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


DHA:HFL
10GF Score
Hamid Fabrics PLC DHA:HFL
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Hamid Fabrics Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hamid Fabrics's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Hamid Fabrics'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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.53 mean?
Hamid Fabrics (DHA:HFL) has a Debt-to-Equity of 0.53 as of Sep. 2024. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Hamid Fabrics and its competitors.
Is Hamid Fabrics' Debt-to-Equity too high?
Hamid Fabrics' current Debt-to-Equity is 0.53. The Manufacturing - Apparel & Accessories industry median Debt-to-Equity is 0.41. Hamid Fabrics' value of 0.53 is 29.3% above this industry median. Overall, Hamid Fabrics has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Hamid Fabrics' Debt-to-Equity compare to competitors?
Hamid Fabrics' Debt-to-Equity of 0.53 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Debt-to-Equity is 0.41. Hamid Fabrics' value of 0.53 is 29.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Manufacturing - Apparel & Accessories company?
The median Debt-to-Equity among Manufacturing - Apparel & Accessories companies is 0.41, based on 931 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hamid Fabrics's current Debt-to-Equity of 0.53 is 29.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Hamid Fabrics and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Debt-to-Equity is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hamid Fabrics's current Debt-to-Equity is 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hamid Fabrics stock overvalued right now?
Hamid Fabrics (DHA:HFL) has a current Debt-to-Equity of 0.53. The current Debt-to-Equity is 0.53 and 29.3% above the Manufacturing - Apparel & Accessories industry median of 0.41. Hamid Fabrics' overall GF Score™ is 10/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Hamid Fabrics (DHA:HFL), the current Debt-to-Equity is 0.53 as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Hamid Fabrics Business Description

Address 24, Gulshan C/A, Circle-2, Hamid Tower (7th Floor), Dhaka, BGD, 1212
Hamid Fabrics PLC is a manufacturer of solid-dye fabric for the readymade garment industry. The company's product range includes cotton fabrics as well as blended fabrics such as cotton/polyester, cotton/viscose, nylon/cotton and cotton/lycra. The weaving unit produces grey fabrics in various designs and constructions such as Twill, Canvas, Oxford, Rib stop, Rib cord, Ottoman, Herringbone, and various dobby designs of different weight ranges. The finishing mix of Hamid Fabrics Limited comprises water repellent, fireproof, wrinkle-free, Teflon coating, aero finish and chintz finish. The company caters to the markets in the United States of American and the European Union.
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Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

BDT13.90
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