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Kewal Kiran Clothing (NSE:KKCL) Debt-to-Equity : 0.13 (As of Sep. 2024)


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What is Kewal Kiran Clothing Debt-to-Equity?

Kewal Kiran Clothing's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹681 Mil. Kewal Kiran Clothing's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹304 Mil. Kewal Kiran Clothing's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₹7,666 Mil. Kewal Kiran Clothing's debt to equity for the quarter that ended in Sep. 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 Kewal Kiran Clothing's Debt-to-Equity or its related term are showing as below:

NSE:KKCL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.12   Max: 0.22
Current: 0.13

During the past 13 years, the highest Debt-to-Equity Ratio of Kewal Kiran Clothing was 0.22. The lowest was 0.02. And the median was 0.12.

NSE:KKCL's Debt-to-Equity is ranked better than
77.29% of 938 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.42 vs NSE:KKCL: 0.13

Kewal Kiran Clothing Debt-to-Equity Historical Data

The historical data trend for Kewal Kiran Clothing'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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Kewal Kiran Clothing Debt-to-Equity Chart

Kewal Kiran Clothing Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.12 0.17 0.12 0.03

Kewal Kiran Clothing Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 0.11 0.05 0.03 0.07 0.13

Competitive Comparison of Kewal Kiran Clothing's Debt-to-Equity

For the Apparel Manufacturing subindustry, Kewal Kiran Clothing'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.


Kewal Kiran Clothing's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Kewal Kiran Clothing Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kewal Kiran Clothing's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Kewal Kiran Clothing'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.


Kewal Kiran Clothing  (NSE:KKCL) 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.


Kewal Kiran Clothing Debt-to-Equity Related Terms

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Kewal Kiran Clothing Business Description

Traded in Other Exchanges
Address
I.B. Patel Road, 460/7, Kewal Kiran Estate, Near Western Express Highway, Goregaon (East), Mumbai, MH, IND, 400 063
Kewal Kiran Clothing Ltd is an Indian company. The company is engaged in manufacturing, marketing, and retailing of branded readymade garments and finished accessories. Its brands include Killer, Easies, LawmanPg3, K-Lounge, and Integrity. The company has a presence in Asia, the Middle East, and others.

Kewal Kiran Clothing Headlines

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