Radiowalla Network (NSE:RADIOWALLA) Debt-to-Equity : 0.15 (As of Oct. 2023)

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What is Radiowalla Network Debt-to-Equity?

Radiowalla Network's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was ₹4.6 Mil. Radiowalla Network's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was ₹3.3 Mil. Radiowalla Network's Total Stockholders Equity for the quarter that ended in Oct. 2023 was ₹55.3 Mil. Radiowalla Network's debt to equity for the quarter that ended in Oct. 2023 was 0.14.

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 Radiowalla Network's Debt-to-Equity or its related term are showing as below:

NSE:RADIOWALLA' s Debt-to-Equity Range Over the Past 10 Years
Min: -10.99 Med: 0.23 Max: 2.79
Current: 0.15

During the past 3 years, the highest Debt-to-Equity Ratio of Radiowalla Network was 2.79. The lowest was -10.99. And the median was 0.23.

NSE:RADIOWALLA's Debt-to-Equity is ranked better than
62.85% of 848 companies
in the Media - Diversified industry
Industry Median: 0.28 vs NSE:RADIOWALLA: 0.15

Radiowalla Network Debt-to-Equity Historical Data

The historical data trend for Radiowalla Network'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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Radiowalla Network Debt-to-Equity Chart

Radiowalla Network Annual Data

Trend

Mar21

Mar22

Mar23

Debt-to-Equity

-10.99

2.79

0.32

Radiowalla Network Quarterly Data
	Mar21	Mar22	Mar23	Oct23
Debt-to-Equity	-10.99	2.79	0.32	0.15

Competitive Comparison of Radiowalla Network's Debt-to-Equity

For the Broadcasting subindustry, Radiowalla Network'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.

Radiowalla Network's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Radiowalla Network's Debt-to-Equity distribution charts can be found below:

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

Radiowalla Network Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Radiowalla Network'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
	=	(7.017	+	3.818)	/	33.507
	=	0.32

Radiowalla Network's Debt to Equity Ratio for the quarter that ended in Oct. 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
	=	(4.646	+	3.344)	/	55.275
	=	0.14

Radiowalla Network (NSE:RADIOWALLA) 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.

Radiowalla Network Debt-to-Equity Related Terms

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

Radiowalla Network (NSE:RADIOWALLA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Radiowalla Network Ltd (NSE:RADIOWALLA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Millers Tank Bund Road, 16A, Basement Floor, Maratha Bhavan, Vasanthnagar, Bangalore, KA, IND, 560052

Website

Radiowalla Network Ltd is into the business of customer engagement services. It services includes in-store radio services (exclusive radio channel for a brand) on subscription model basis, corporate radio (private radio channels for employee engagement in organisation) and advertisement services which includes digital signage solution, content management services and point of purchase advertising. The company cater to the business-to-business (B2B) sector.

Radiowalla Network (NSE:RADIOWALLA) Headlines

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