Senco Gold (NSE:SENCO) Debt-to-Equity : 1.29 (As of Mar. 2024)

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What is Senco Gold Debt-to-Equity?

Senco Gold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹15,246 Mil. Senco Gold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹2,365 Mil. Senco Gold's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹13,655 Mil. Senco Gold's debt to equity for the quarter that ended in Mar. 2024 was 1.29.

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 Senco Gold's Debt-to-Equity or its related term are showing as below:

NSE:SENCO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.76 Med: 1.4 Max: 1.47
Current: 1.29

During the past 11 years, the highest Debt-to-Equity Ratio of Senco Gold was 1.47. The lowest was 0.76. And the median was 1.40.

NSE:SENCO's Debt-to-Equity is ranked worse than
75.7% of 1000 companies
in the Retail - Cyclical industry
Industry Median: 0.62 vs NSE:SENCO: 1.29

Senco Gold Debt-to-Equity Historical Data

The historical data trend for Senco Gold'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.

Senco Gold Debt-to-Equity Chart

Senco Gold Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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1.29

1.13

1.41

1.47

1.29

Senco Gold Semi-Annual Data
	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial								1.41	N/A	1.47	1.11	1.29

Competitive Comparison of Senco Gold's Debt-to-Equity

For the Luxury Goods subindustry, Senco Gold'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.

Senco Gold's Debt-to-Equity Distribution in the Retail - Cyclical Industry

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

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

Senco Gold Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Senco Gold'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
	=	(15246.29	+	2365.16)	/	13655.42
	=	1.29

Senco Gold'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
	=	(15246.29	+	2365.16)	/	13655.42
	=	1.29

Senco Gold (NSE:SENCO) 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.

Senco Gold Debt-to-Equity Related Terms

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

Senco Gold (NSE:SENCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Senco Gold Ltd (NSE:SENCO) » Definitions » Debt-to-Equity

Traded in Other Exchanges

543936:India

Address

A.J.C. Bose Road, Unit no. 1001, 10th floor, 41A, Diamond Prestige, Kolkata, WB, IND, 700 017

Website

https://www.sencogoldanddiamonds.com

Senco Gold Ltd is a pan-India jewellery retail company with a history of more than five decades and has a fourth-generation entrepreneur in the jewellery industry as its Promoter. The company primarily sell gold and diamond jewellery and also sell jewellery made of silver, platinum and precious and semi-precious stones and other metals. Its other offerings also include costume jewellery, gold and silver coins and utensils made of silver. Its products are sold under the Senco Gold & Diamonds tradename, through multiple channels, including its 75 Company Operated Showrooms and 61 Franchisee Showrooms and various online platforms, including its website.

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