Phoenix Mills (BOM:503100) Debt-to-Equity : N/A (As of Dec. 2023)

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What is Phoenix Mills Debt-to-Equity?

Phoenix Mills's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Phoenix Mills's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Phoenix Mills's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹0 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 Phoenix Mills's Debt-to-Equity or its related term are showing as below:

BOM:503100' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.51 Med: 1.25 Max: 1.99
Current: 0.51

During the past 13 years, the highest Debt-to-Equity Ratio of Phoenix Mills was 1.99. The lowest was 0.51. And the median was 1.25.

BOM:503100's Debt-to-Equity is ranked better than
60.66% of 1586 companies
in the Real Estate industry
Industry Median: 0.76 vs BOM:503100: 0.51

Phoenix Mills Debt-to-Equity Historical Data

The historical data trend for Phoenix Mills'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.

Phoenix Mills Debt-to-Equity Chart

Phoenix Mills Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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1.22

1.12

0.81

0.61

0.51

Phoenix Mills 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	0.51	N/A	0.51	N/A

Competitive Comparison of Phoenix Mills's Debt-to-Equity

For the Real Estate - Diversified subindustry, Phoenix Mills'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.

Phoenix Mills's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Phoenix Mills's Debt-to-Equity distribution charts can be found below:

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

Phoenix Mills Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Phoenix Mills'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
	=	(9490.783	+	33102.006)	/	83797.656
	=	0.51

Phoenix Mills'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

Phoenix Mills (BOM:503100) 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.

Phoenix Mills Debt-to-Equity Related Terms

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

Phoenix Mills (BOM:503100) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Phoenix Mills Ltd (BOM:503100) » Definitions » Debt-to-Equity

Traded in Other Exchanges

PHOENIXLTD:India

Address

Off. Dr. E. Moses Road, R. R. Hosiery Building, 2nd Floor, Shree Laxmi Woollen Mills Estate, Mahalaxmi, Mumbai, MH, IND, 400 011

Website

https://www.thephoenixmills.com

Phoenix Mills Ltd is a real estate development company operating in India. The group's development strategy includes converting land underlying abandoned mills into modern, multi-use, integrated property. The group is involved in all aspects of development, including planning, construction, and marketing, as well as management, maintenance, and sales of the complete development. These properties include retail, hospitality, commercial, and residential complexes. The majority of the company's revenue is derived from license fees and rental income. Its segments comprise Property and related services segment that provide mall /office areas on a license basis and development of commercial/residential properties. The Hospitality segment engages in the operation of hotels and restaurants.

Phoenix Mills (BOM:503100) Headlines

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