Net Avenue Technologies (NSE:CBAZAAR) Debt-to-Equity : 0.13 (As of Mar. 2024)

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What is Net Avenue Technologies Debt-to-Equity?

Net Avenue Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹13.8 Mil. Net Avenue Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0.0 Mil. Net Avenue Technologies's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹104.5 Mil. Net Avenue Technologies's debt to equity for the quarter that ended in Mar. 2024 was 0.13.

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 Net Avenue Technologies's Debt-to-Equity or its related term are showing as below:

NSE:CBAZAAR' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.84 Med: 0.71 Max: 1.98
Current: 0.13

During the past 4 years, the highest Debt-to-Equity Ratio of Net Avenue Technologies was 1.98. The lowest was -0.84. And the median was 0.71.

NSE:CBAZAAR's Debt-to-Equity is ranked better than
84.78% of 1005 companies
in the Retail - Cyclical industry
Industry Median: 0.59 vs NSE:CBAZAAR: 0.13

Net Avenue Technologies Debt-to-Equity Historical Data

The historical data trend for Net Avenue Technologies'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.

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Net Avenue Technologies Debt-to-Equity Chart

Net Avenue Technologies Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

-0.84

1.98

1.29

0.13

Net Avenue Technologies Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
Debt-to-Equity	-0.84	1.98	1.29	0.13

Competitive Comparison of Net Avenue Technologies's Debt-to-Equity

For the Internet Retail subindustry, Net Avenue Technologies'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.

Net Avenue Technologies's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Net Avenue Technologies's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Net Avenue Technologies's Debt-to-Equity falls into.

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Net Avenue Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Net Avenue Technologies'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
	=	(13.837	+	0)	/	104.49
	=	0.13

Net Avenue Technologies's Debt to Equity Ratio for the quarter 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
	=	(13.837	+	0)	/	104.49
	=	0.13

Net Avenue Technologies (NSE:CBAZAAR) 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.

Net Avenue Technologies Debt-to-Equity Related Terms

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

Net Avenue Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Net Avenue Technologies Ltd (NSE:CBAZAAR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Floor Prithvi Avenue, New No. 16, Old No. 13, 1st, Alwarpet, Chennai, TN, IND, 600018

Website

https://www.natl.in

Net Avenue Technologies Ltd is engaged in online digital direct-to-consumer business for Indian Ethnic wear and accessories. Its core business sells Indian Ethnic wear and accessories, catering to the South Asian Diaspora and its product range includes Indian ethnic wear and accessories for women, men, teens, and kids. The company distributes its products through various prominent E-commerce platforms, including but not limited to Myntra, Nykaa, and Ajio, among others.

Net Avenue Technologies Headlines

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