Kalahridhaan Trendz (NSE:KTL) Debt-to-Equity: 2.93 (As of Sep. 2023)

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NSE:KTL Kalahridhaan Trendz Ltd NSE:KTL
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What is Kalahridhaan Trendz Debt-to-Equity?

Kalahridhaan Trendz NSE:KTL 10 Debt-to-Equity is 2.93 as of Sep. 2023. GuruFocus rates NSE:KTL with a GF Score™ of 10/100.

Kalahridhaan Trendz's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹441.7 Mil. Kalahridhaan Trendz's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹228.6 Mil. Kalahridhaan Trendz's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹229.1 Mil. Kalahridhaan Trendz's debt to equity for the quarter that ended in Sep. 2023 was 2.93.

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 Kalahridhaan Trendz's Debt-to-Equity or its related term are showing as below:

NSE:KTL'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.

Kalahridhaan Trendz  (NSE:KTL) 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.

Kalahridhaan Trendz Debt-to-Equity Related Terms

Kalahridhaan Trendz Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Kalahridhaan Trendz'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.

Kalahridhaan Trendz Debt-to-Equity Chart

Kalahridhaan Trendz Annual Data
Trend Mar21 Mar22 Mar23
Debt-to-Equity
3.50 4.58 3.37

Kalahridhaan Trendz Semi-Annual Data
Mar21 Mar22 Mar23 Sep23
Debt-to-Equity 3.50 4.58 3.37 2.93

Kalahridhaan Trendz Debt-to-Equity Competitor Comparison

For the Textile Manufacturing subindustry, Kalahridhaan Trendz'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.

Kalahridhaan Trendz Debt-to-Equity vs Manufacturing - Apparel & Accessories Industry

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

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


NSE:KTL
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Kalahridhaan Trendz Ltd NSE:KTL
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Kalahridhaan Trendz Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kalahridhaan Trendz's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 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
=(370.361 + 240.172) / 181.223
=3.37

Kalahridhaan Trendz's Debt to Equity Ratio for the quarter that ended in Sep. 2023 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
=(441.672 + 228.571) / 229.094
=2.93

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 2.93 mean?
Kalahridhaan Trendz (NSE:KTL) has a Debt-to-Equity of 2.93 as of Sep. 2023. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Kalahridhaan Trendz and its competitors.
Is Kalahridhaan Trendz's Debt-to-Equity too high?
Kalahridhaan Trendz's current Debt-to-Equity is 2.93. The Manufacturing - Apparel & Accessories industry median Debt-to-Equity is 0.42. Kalahridhaan Trendz's value of 2.93 is 597.6% above this industry median. Overall, Kalahridhaan Trendz has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Kalahridhaan Trendz's Debt-to-Equity compare to competitors?
Kalahridhaan Trendz's Debt-to-Equity of 2.93 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Debt-to-Equity is 0.42. Kalahridhaan Trendz's value of 2.93 is 597.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Manufacturing - Apparel & Accessories company?
The median Debt-to-Equity among Manufacturing - Apparel & Accessories companies is 0.42, based on 930 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Kalahridhaan Trendz's current Debt-to-Equity of 2.93 is 597.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Kalahridhaan Trendz and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Debt-to-Equity is 0.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kalahridhaan Trendz's current Debt-to-Equity is 2.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kalahridhaan Trendz stock overvalued right now?
Kalahridhaan Trendz (NSE:KTL) has a current Debt-to-Equity of 2.93. The current Debt-to-Equity is 2.93 and 597.6% above the Manufacturing - Apparel & Accessories industry median of 0.42. Kalahridhaan Trendz's overall GF Score™ is 10/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Kalahridhaan Trendz (NSE:KTL), the current Debt-to-Equity is 2.93 as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Kalahridhaan Trendz Business Description

Address Near Narol Cross Road, 57, Ashra Industrial Estate, Behind Mahalaxmi Fabrics, Narol, Ahmedabad, GJ, IND, 382405
Kalahridhaan Trendz Ltd is engaged mainly in the business of manufacturing and trading of Fabric with embroidery works, Trading of grey cloths, purchase of grey cloth and printing and dyeing for preparing suiting, shirting and dress materials for sale in the B2B market only. It is preparing the suiting, shirting & dress material products and focuses on the wholesale market. It is the first stage wholesalers, that directly supply the material to the wholesalers.
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