Ethos (NSE:ETHOSLTD) Debt-to-Equity: N/A (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:ETHOSLTD Ethos Ltd NSE:ETHOSLTD
95 GF Score
Price ₹2,574.10
GF Value ₹3,615.63
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Ethos Debt-to-Equity?

Ethos's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹0 Mil. Ethos's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹0 Mil. Ethos's Total Stockholders Equity for the quarter that ended in Jun. 2026 was ₹0 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 Ethos's Debt-to-Equity or its related term are showing as below:

NSE:ETHOSLTD' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.16   Med: 0.22   Max: 1.16
Current: 0.22

During the past 8 years, the highest Debt-to-Equity Ratio of Ethos was 1.16. The lowest was 0.16. And the median was 0.22.

NSE:ETHOSLTD's Debt-to-Equity is ranked better than
75.02% of 1009 companies
in the Retail - Cyclical industry
Industry Median: 0.56 vs NSE:ETHOSLTD: 0.22

Ethos  (NSE:ETHOSLTD) 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.


Ethos Debt-to-Equity Related Terms


Ethos Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Ethos'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.

Ethos Debt-to-Equity Chart

Ethos Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Equity
Get a 7-Day Free Trial 0.70 0.19 0.16 0.29 0.19

Ethos Quarterly Data
Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 N/A 0.20 N/A 0.19 N/A

NSE:ETHOSLTD vs TPR: Debt-to-Equity Comparison

For the Luxury Goods subindustry, Ethos'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.


Ethos Debt-to-Equity vs Retail - Cyclical Industry

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

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


NSE:ETHOSLTD
95GF Score
Ethos Ltd NSE:ETHOSLTD
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ethos Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ethos's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Ethos's Debt to Equity Ratio for the quarter that ended in Jun. 2026 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.

Is Ethos (NSE:ETHOSLTD) Overvalued in 2026?

Based on GuruFocus' analysis, Ethos stock appears to be undervalued. The current stock price of ₹2,574.10 is trading 28.8% below its estimated GF Value™ of ₹3,615.63. GuruFocus considers Ethos to be Modestly Undervalued.

Key valuation signals for NSE:ETHOSLTD:

  • Debt-to-Equity: N/A
  • GF Value™: ₹3,615.63 vs. price of ₹2,574.10 (28.8% below fair value)
  • GF Score™: 95/100 with 2 warning signs

No single metric tells the full story. See the NSE:ETHOSLTD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ethos Business Description

Other Exchanges 543532:India
Address MG Road, Virendra Gram, First Floor, Global Gateway Towers A, Guru Dronacharya Metro Station, Gurugram, HR, IND, 122 002
Ethos Ltd is a luxury and premium watch retailer. The company's portfolio of premium and luxury watches includes brands like Omega, IWC Schaffhausen, Jaeger LeCoultre, Panerai, Bvlgari, H. Moser & Cie, Rado, Longines, Baume & Mercier, Oris SA, Corum, Carl F. Bucherer, Tissot, Raymond Weil, Louis Moinet, Balmain, and many more. The company also offers an omnichannel experience through its website and social media platforms.
95GF Score

Get the complete analysis for NSE:ETHOSLTD

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹2,574.10
Price
₹3,615.63
GF Value