Moksh Ornaments (NSE:MOKSH) Debt-to-Equity: 0.83 (As of Sep. 2024)

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NSE:MOKSH Moksh Ornaments Ltd NSE:MOKSH
4 GF Score
Price ₹10.31
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What is Moksh Ornaments Debt-to-Equity?

Moksh Ornaments NSE:MOKSH +1.28% 4 Debt-to-Equity is 0.83 as of Sep. 2024. GuruFocus rates NSE:MOKSH with a GF Score™ of 4/100.

Moksh Ornaments's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹513 Mil. Moksh Ornaments's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹0 Mil. Moksh Ornaments's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₹619 Mil. Moksh Ornaments's debt to equity for the quarter that ended in Sep. 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 Moksh Ornaments's Debt-to-Equity or its related term are showing as below:

NSE:MOKSH's Debt-to-Equity is not ranked *
in the Retail - Cyclical industry.
Industry Median: 0.56
* Ranked among companies with meaningful Debt-to-Equity only.

Moksh Ornaments  (NSE:MOKSH) 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.

Moksh Ornaments Debt-to-Equity Related Terms

Moksh Ornaments Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Moksh Ornaments'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.

Moksh Ornaments Debt-to-Equity Chart

Moksh Ornaments 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 1.66 0.88 0.09 0.54 0.86

Moksh Ornaments Quarterly Data
Sep19 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 0.96 N/A 0.86 N/A 0.83

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

For the Luxury Goods subindustry, Moksh Ornaments'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.

Moksh Ornaments Debt-to-Equity vs Retail - Cyclical Industry

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

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


NSE:MOKSH
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Moksh Ornaments Ltd NSE:MOKSH
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Moksh Ornaments Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Moksh Ornaments'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
=(478.121 + 16.329) / 572.502
=0.86

Moksh Ornaments's Debt to Equity Ratio for the quarter that ended in Sep. 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
=(512.608 + 0) / 618.959
=0.83

* 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 0.83 mean?
Moksh Ornaments (NSE:MOKSH) has a Debt-to-Equity of 0.83 as of Sep. 2024. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Moksh Ornaments and its competitors.
Is Moksh Ornaments' Debt-to-Equity too high?
Moksh Ornaments' current Debt-to-Equity is 0.83. The Retail - Cyclical industry median Debt-to-Equity is 0.56. Moksh Ornaments' value of 0.83 is 48.2% above this industry median. Overall, Moksh Ornaments has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Moksh Ornaments' Debt-to-Equity compare to TPR?
Moksh Ornaments' Debt-to-Equity of 0.83 can be compared against companies in the Retail - Cyclical industry. The industry median Debt-to-Equity is 0.56. Moksh Ornaments' value of 0.83 is 48.2% 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 Retail - Cyclical company?
The median Debt-to-Equity among Retail - Cyclical companies is 0.56, based on 1,009 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. Moksh Ornaments's current Debt-to-Equity of 0.83 is 48.2% 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 Moksh Ornaments and its competitors. For the Retail - Cyclical industry, the median Debt-to-Equity is 0.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Moksh Ornaments's current Debt-to-Equity is 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Moksh Ornaments stock overvalued right now?
Moksh Ornaments (NSE:MOKSH) has a current Debt-to-Equity of 0.83. The current Debt-to-Equity is 0.83 and 48.2% above the Retail - Cyclical industry median of 0.56. Moksh Ornaments' overall GF Score™ is 4/100. 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 Moksh Ornaments (NSE:MOKSH), the current Debt-to-Equity is 0.83 as of Sep. 2024. 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.

Moksh Ornaments Business Description

Address Kalbadevi Road, B-405/1, B-405/2, 4th floor, 99, Mulji Jetha Building, Glitz Mall, Champa Galli Cross Lane, Vitthalwadi, Kalbadevi, Mumbai, MH, IND, 400002
Moksh Ornaments Ltd is an India based company engaged in the manufacturing and wholesale of jewellery. The company sells gold jewellery and its product profile includes Bangles, Chain, and Mangalsutra. The jewelleries are manufactured on job work basis at Kolkata and Mumbai.
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