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Libas Consumer Products (NSE:LIBAS) Debt-to-Equity : 0.18 (As of Sep. 2023)


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What is Libas Consumer Products Debt-to-Equity?

Libas Consumer Products's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹129.8 Mil. Libas Consumer Products's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹0.0 Mil. Libas Consumer Products's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹729.0 Mil. Libas Consumer Products's debt to equity for the quarter that ended in Sep. 2023 was 0.18.

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 Libas Consumer Products's Debt-to-Equity or its related term are showing as below:

NSE:LIBAS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.15   Med: 0.53   Max: 1.86
Current: 0.18

During the past 12 years, the highest Debt-to-Equity Ratio of Libas Consumer Products was 1.86. The lowest was 0.15. And the median was 0.53.

NSE:LIBAS's Debt-to-Equity is ranked better than
72.98% of 940 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.435 vs NSE:LIBAS: 0.18

Libas Consumer Products Debt-to-Equity Historical Data

The historical data trend for Libas Consumer Products'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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Libas Consumer Products Debt-to-Equity Chart

Libas Consumer Products Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.56 0.44 0.56 0.24 0.15

Libas Consumer Products Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.35 N/A 0.15 N/A 0.18

Competitive Comparison of Libas Consumer Products's Debt-to-Equity

For the Apparel Manufacturing subindustry, Libas Consumer Products'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.


Libas Consumer Products's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Libas Consumer Products Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Libas Consumer Products's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Libas Consumer Products's Debt to Equity Ratio for the quarter that ended in Sep. 2023 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.


Libas Consumer Products  (NSE:LIBAS) 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.


Libas Consumer Products Debt-to-Equity Related Terms

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


Libas Consumer Products (NSE:LIBAS) Business Description

Traded in Other Exchanges
N/A
Address
Off New Link Road, Lokhanwala Complex, 401, 4th Floor, Crescent Royale, Andheri (West), Mumbai, MH, IND, 400053
Libas Consumer Products Ltd is an Indian firm engaged in the business of manufacturing apparel. The company offers clothing for men and women which includes shirts, trousers, blazers, jackets, suits, sarees, among others. The business operates in a single segment being manufacturing and dealing in textiles. It derives revenue from the domestic sale of goods.

Libas Consumer Products (NSE:LIBAS) Headlines

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