Cellecor Gadgets (NSE:CELLECOR) Debt-to-Equity : 0.83 (As of Mar. 2024)

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What is Cellecor Gadgets Debt-to-Equity?

Cellecor Gadgets's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹744 Mil. Cellecor Gadgets's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹4 Mil. Cellecor Gadgets's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹899 Mil. Cellecor Gadgets's debt to equity for the quarter that ended in Mar. 2024 was 0.83.

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 Cellecor Gadgets's Debt-to-Equity or its related term are showing as below:

NSE:CELLECOR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.55 Med: 0.83 Max: 1.51
Current: 0.83

During the past 4 years, the highest Debt-to-Equity Ratio of Cellecor Gadgets was 1.51. The lowest was 0.55. And the median was 0.83.

NSE:CELLECOR's Debt-to-Equity is ranked worse than
81.07% of 2182 companies
in the Hardware industry
Industry Median: 0.29 vs NSE:CELLECOR: 0.83

Cellecor Gadgets Debt-to-Equity Historical Data

The historical data trend for Cellecor Gadgets'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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Cellecor Gadgets Debt-to-Equity Chart

Cellecor Gadgets Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

0.55

1.51

0.83

Cellecor Gadgets Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
Debt-to-Equity	-	0.55	1.51	0.83

Competitive Comparison of Cellecor Gadgets's Debt-to-Equity

For the Consumer Electronics subindustry, Cellecor Gadgets'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.

Cellecor Gadgets's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Cellecor Gadgets's Debt-to-Equity distribution charts can be found below:

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

Cellecor Gadgets Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cellecor Gadgets'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
	=	(743.91	+	3.527)	/	899.369
	=	0.83

Cellecor Gadgets'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
	=	(743.91	+	3.527)	/	899.369
	=	0.83

Cellecor Gadgets (NSE:CELLECOR) 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.

Cellecor Gadgets Debt-to-Equity Related Terms

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Cellecor Gadgets Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Cellecor Gadgets Ltd (NSE:CELLECOR) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Unit No. 703, 7th Floor, Jaksons Crown Heights, Plot No. 3BI, Twin District Centre, Sector 10 Rohini, Rithala, Delhi, IND, 110085

Website

https://www.cellecor.com

Cellecor Gadgets Ltd is engaged in the procurement, branding, and distribution of televisions, mobile phones, Smart Wearables, mobile accessories, smart watches, and neckbands. The company sells its products under its flagship brand, CELLECOR.

Cellecor Gadgets Headlines

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