Orbit Exports (NSE:ORBTEXP) Debt-to-Equity : 0.10 (As of Mar. 2024)

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What is Orbit Exports Debt-to-Equity?

Orbit Exports's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹97 Mil. Orbit Exports's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹138 Mil. Orbit Exports's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹2,337 Mil. Orbit Exports's debt to equity for the quarter that ended in Mar. 2024 was 0.10.

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 Orbit Exports's Debt-to-Equity or its related term are showing as below:

NSE:ORBTEXP' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.13 Max: 0.39
Current: 0.1

During the past 13 years, the highest Debt-to-Equity Ratio of Orbit Exports was 0.39. The lowest was 0.06. And the median was 0.13.

NSE:ORBTEXP's Debt-to-Equity is ranked better than
82.08% of 932 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.44 vs NSE:ORBTEXP: 0.10

Orbit Exports Debt-to-Equity Historical Data

The historical data trend for Orbit Exports'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.

* Premium members only.

Orbit Exports Debt-to-Equity Chart

Orbit Exports Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.11

0.12

0.23

0.15

0.10

Orbit Exports Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.15	N/A	0.16	N/A	0.10

Competitive Comparison of Orbit Exports's Debt-to-Equity

For the Textile Manufacturing subindustry, Orbit Exports'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.

Orbit Exports's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

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

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

Orbit Exports Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Orbit Exports'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
	=	(96.877	+	137.572)	/	2336.76
	=	0.10

Orbit Exports's Debt to Equity Ratio for the quarter 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
	=	(96.877	+	137.572)	/	2336.76
	=	0.10

Orbit Exports (NSE:ORBTEXP) 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.

Orbit Exports Debt-to-Equity Related Terms

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

Orbit Exports (NSE:ORBTEXP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Orbit Exports Ltd (NSE:ORBTEXP) » Definitions » Debt-to-Equity

Traded in Other Exchanges

512626:India

Address

Dinshaw Wachha Road, 122, 2nd Floor, Mistry Bhavan, Near K C College, Churchgate, Mumbai, MH, IND, 400 020

Website

http://www.orbitexports.com

Orbit Exports Ltd is the manufacturer and exporter of fabrics. The company operates through two segments which include Manufacturing of textiles and Windmill Power Generation. Its products include Silky aspects, Fashion jacquards, and Christmas crafts. The Silky aspects products consist of Jacquard, Dupion, Silky charmeuse, and Taffeta. Its Fashion jacquard products include Sylvia and Monza jacquard, Olivia jacquard, New sherwani jacquard, Monochrome jacquard, Mercury jacquard, Impression jacquard, Glossy jacquard, Florence jacquard, Feather jacquard, and Bamboo. The company sells its products in India and also exports them to various other countries. It drives the majority of revenue from the sale of products and services.

Orbit Exports (NSE:ORBTEXP) Headlines

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