Radhagobind Commercial (BOM:539673) Debt-to-Equity : N/A (As of Dec. 2023)

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What is Radhagobind Commercial Debt-to-Equity?

Radhagobind Commercial's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.00 Mil. Radhagobind Commercial's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.00 Mil. Radhagobind Commercial's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹0.00 Mil.

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 Radhagobind Commercial's Debt-to-Equity or its related term are showing as below:

BOM:539673' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.09 Med: 0.15 Max: 0.56
Current: -0.09

During the past 12 years, the highest Debt-to-Equity Ratio of Radhagobind Commercial was 0.56. The lowest was -0.09. And the median was 0.15.

BOM:539673's Debt-to-Equity is not ranked
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 0.43 vs BOM:539673: -0.09

Radhagobind Commercial Debt-to-Equity Historical Data

The historical data trend for Radhagobind Commercial'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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Radhagobind Commercial Debt-to-Equity Chart

Radhagobind Commercial Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.21

0.03

0.18

Radhagobind Commercial Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															N/A	0.18	N/A	-0.09	N/A

Competitive Comparison of Radhagobind Commercial's Debt-to-Equity

For the Apparel Manufacturing subindustry, Radhagobind Commercial'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.

Radhagobind Commercial's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

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

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

Radhagobind Commercial Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Radhagobind Commercial'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
	=	(2.78	+	2.851)	/	31.336
	=	0.18

Radhagobind Commercial's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(0	+	0)	/	0
	=	N/A

Radhagobind Commercial (BOM:539673) 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.

Radhagobind Commercial Debt-to-Equity Related Terms

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

Radhagobind Commercial (BOM:539673) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Radhagobind Commercial Ltd (BOM:539673) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

30, Durgapur Lane, Ground Floor, Alipore, Kolkata, WB, IND, 700027

Website

http://www.radhagobindcommercial.com

Radhagobind Commercial Ltd is engaged in the business of trading in fabrics. It operates through a single segment namely Trading in textile goods and ancillary activities. The company generates revenue mainly from dealing in fabrication materials which consist of embroidery fancy sarees, H.L.fabrics, and textile dress materials. It also provides consultancy services.

Radhagobind Commercial (BOM:539673) Headlines

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