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High Street Filatex (BOM:531301) Debt-to-Equity : -1.13 (As of Mar. 2024)


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What is High Street Filatex Debt-to-Equity?

High Street Filatex's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹1.86 Mil. High Street Filatex's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹13.60 Mil. High Street Filatex's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹-13.66 Mil. High Street Filatex's debt to equity for the quarter that ended in Mar. 2024 was -1.13.

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 High Street Filatex's Debt-to-Equity or its related term are showing as below:

BOM:531301' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.13   Med: 0   Max: 0.05
Current: -1.13

During the past 13 years, the highest Debt-to-Equity Ratio of High Street Filatex was 0.05. The lowest was -1.13. And the median was 0.00.

BOM:531301's Debt-to-Equity is not ranked
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 0.44 vs BOM:531301: -1.13

High Street Filatex Debt-to-Equity Historical Data

The historical data trend for High Street Filatex'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.

High Street Filatex Debt-to-Equity Chart

High Street Filatex Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -0.10 -1.13

High Street Filatex 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 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 -0.10 N/A -1.00 N/A -1.13

Competitive Comparison of High Street Filatex's Debt-to-Equity

For the Apparel Manufacturing subindustry, High Street Filatex'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.


High Street Filatex's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where High Street Filatex's Debt-to-Equity falls into.



High Street Filatex Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

High Street Filatex's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

High Street Filatex's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* 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.


High Street Filatex  (BOM:531301) 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.


High Street Filatex Debt-to-Equity Related Terms

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


High Street Filatex (BOM:531301) Business Description

Traded in Other Exchanges
N/A
Address
22 Godam Industrial Area, B-17, IInd Floor, Jaipur, RJ, IND, 302 006
High Street Filatex Ltd is an India-based company engaged in the manufacturing of socks. Its operation mainly relates to the manufacturing and Trading of Knitted socks, headbands, and wristbands, Trading in yarn, and Trading in commodities. The company caters mainly to the needs of the Indian market. It derives key revenue from the manufacturing and trading of socks.

High Street Filatex (BOM:531301) Headlines

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