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Celebrity Fashions (BOM:532695) Liabilities-to-Assets : 0.76 (As of Mar. 2024)


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What is Celebrity Fashions Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Celebrity Fashions's Total Liabilities for the quarter that ended in Mar. 2024 was ₹1,087 Mil. Celebrity Fashions's Total Assets for the quarter that ended in Mar. 2024 was ₹1,426 Mil. Therefore, Celebrity Fashions's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.76.


Celebrity Fashions Liabilities-to-Assets Historical Data

The historical data trend for Celebrity Fashions's Liabilities-to-Assets 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.

Celebrity Fashions Liabilities-to-Assets Chart

Celebrity Fashions Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.93 0.98 0.92 0.85 0.76

Celebrity Fashions Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Liabilities-to-Assets 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 0.85 - 0.85 - 0.76

Competitive Comparison of Celebrity Fashions's Liabilities-to-Assets

For the Apparel Manufacturing subindustry, Celebrity Fashions's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Celebrity Fashions's Liabilities-to-Assets Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Celebrity Fashions's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Celebrity Fashions's Liabilities-to-Assets falls into.



Celebrity Fashions Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Celebrity Fashions's Liabilities-to-Assets Ratio for the fiscal year that ended in Mar. 2024 is calculated as:

Liabilities-to-Assets (A: Mar. 2024 )=Total Liabilities/Total Assets
=1086.6/1426.3
=0.76

Celebrity Fashions's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=1086.6/1426.3
=0.76

* 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.


Celebrity Fashions  (BOM:532695) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Celebrity Fashions Liabilities-to-Assets Related Terms

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Celebrity Fashions (BOM:532695) Business Description

Traded in Other Exchanges
Address
SDF-IV and C2, 3rd Main Road, MEPZ SEZ, Tambaram, Chennai, TN, IND, 600045
Celebrity Fashions Ltd is a textile garments and clothing accessories manufacturing company. It manufactures and exports garments to the reputed multinational brand. The company sells its products within India and in other International countries. The firm also provides CADD for plaids and prints, trend analysis, and lifestyle presentation services. It generates the majority of its revenue from outside India.

Celebrity Fashions (BOM:532695) Headlines

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