Prime Textile Spinning Mills (DHA:PRIMETEX) Debt-to-Equity : 0.00 (As of . 20)

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What is Prime Textile Spinning Mills Debt-to-Equity?

Prime Textile Spinning Mills's Short-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was BDT0.00 Mil. Prime Textile Spinning Mills's Long-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was BDT0.00 Mil. Prime Textile Spinning Mills's Total Stockholders Equity for the quarter that ended in . 20 was BDT0.00 Mil.

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 Prime Textile Spinning Mills's Debt-to-Equity or its related term are showing as below:

DHA:PRIMETEX's Debt-to-Equity is not ranked ^*
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 0.42
* Ranked among companies with meaningful Debt-to-Equity only.

Prime Textile Spinning Mills Debt-to-Equity Historical Data

The historical data trend for Prime Textile Spinning Mills'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.

Prime Textile Spinning Mills Debt-to-Equity Chart

Prime Textile Spinning Mills Annual Data

Trend

Debt-to-Equity

Prime Textile Spinning Mills Semi-Annual Data

Debt-to-Equity

Competitive Comparison of Prime Textile Spinning Mills's Debt-to-Equity

For the Textile Manufacturing subindustry, Prime Textile Spinning Mills'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.

Prime Textile Spinning Mills's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Prime Textile Spinning Mills's Debt-to-Equity falls into.

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Prime Textile Spinning Mills Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Prime Textile Spinning Mills's Debt to Equity Ratio for the fiscal year that ended in . 20 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
	=	(	+	)	/	N/A
	=	N/A

Prime Textile Spinning Mills's Debt to Equity Ratio for the quarter that ended in . 20 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
	=	(	+	)	/
	=	N/A

Prime Textile Spinning Mills (DHA:PRIMETEX) 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.

Prime Textile Spinning Mills Debt-to-Equity Related Terms

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

Prime Textile Spinning Mills Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Prime Textile Spinning Mills Ltd (DHA:PRIMETEX) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Sena Kalyan Bhaban, Motijheel C/A, Dhaka, BGD, 1000

Website

http://www.primegroup.com.bd

Prime Textile Spinning Mills Ltd is engaged in the production of yarn spinning mills. It produces cotton yarn and textile products which is supplied to the knit garment industries. The company manufactures and markets export quality Knit/Woven cotton and mixed yarn.

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