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Virat Industries (BOM:530521) Debt-to-Revenue : 0.03 (As of Sep. 2024)


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What is Virat Industries Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Virat Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹7.5 Mil. Virat Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹5.8 Mil. Virat Industries's annualized Revenue for the quarter that ended in Sep. 2024 was ₹463.7 Mil. Virat Industries's annualized Debt-to-Revenue for the quarter that ended in Sep. 2024 was 0.03.


Virat Industries Debt-to-Revenue Historical Data

The historical data trend for Virat Industries's Debt-to-Revenue 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.

Virat Industries Debt-to-Revenue Chart

Virat Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.02 0.01 0.01 0.03

Virat Industries Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-Revenue 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 0.02 - 0.05 - 0.03

Competitive Comparison of Virat Industries's Debt-to-Revenue

For the Apparel Manufacturing subindustry, Virat Industries's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.


Virat Industries's Debt-to-Revenue Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Virat Industries's Debt-to-Revenue falls into.



Virat Industries Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Virat Industries's Debt-to-Revenue for the fiscal year that ended in Mar. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(1.605 + 6.267) / 307.464
=0.03

Virat Industries's annualized Debt-to-Revenue for the quarter that ended in Sep. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(7.5 + 5.844) / 463.696
=0.03

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Sep. 2024) Revenue data.


Virat Industries Debt-to-Revenue Related Terms

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Virat Industries Business Description

Traded in Other Exchanges
N/A
Address
226 Rajani Patel Marg, 74, Bajaj Bhavan, Nariman Point, Mumbai, MH, IND, 400 021
Virat Industries Ltd is engaged in the manufacturing of excellent quality socks for export mainly to the European markets. The socks are manufactured on the latest computerized electronic knitting machines by Lonati and Matec, Italy and KTM, Korea supported with balancing equipment from Spain and other European markets. The company possesses market recognition under the brand name Lord Walker. Most of its revenue is earned through the Switzerland market, while it also has a presence in the United Kingdom, India, and various other countries.

Virat Industries Headlines

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