Pasari Spinning Mills (BOM:521080) Debt-to-Equity : N/A (As of Dec. 2023)

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What is Pasari Spinning Mills Debt-to-Equity?

Pasari Spinning Mills's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.00 Mil. Pasari Spinning Mills's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.00 Mil. Pasari Spinning Mills'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 Pasari Spinning Mills's Debt-to-Equity or its related term are showing as below:

BOM:521080' s Debt-to-Equity Range Over the Past 10 Years
Min: -8.68 Med: 1.92 Max: 5.03
Current: -4.51

During the past 13 years, the highest Debt-to-Equity Ratio of Pasari Spinning Mills was 5.03. The lowest was -8.68. And the median was 1.92.

BOM:521080's Debt-to-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.13 vs BOM:521080: -4.51

Pasari Spinning Mills Debt-to-Equity Historical Data

The historical data trend for Pasari Spinning 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.

Pasari Spinning Mills Debt-to-Equity Chart

Pasari Spinning Mills Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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2.93

2.24

-4.23

-6.48

-3.44

Pasari Spinning 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	-3.44	N/A	-4.51	N/A

Competitive Comparison of Pasari Spinning Mills's Debt-to-Equity

For the Shell Companies subindustry, Pasari Spinning 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.

Pasari Spinning Mills's Debt-to-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Pasari Spinning Mills's Debt-to-Equity distribution charts can be found below:

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

Pasari Spinning Mills Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Pasari Spinning 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
	=	(2.783	+	22.351)	/	-7.317
	=	-3.44

Pasari Spinning 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

Pasari Spinning Mills (BOM:521080) 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.

Pasari Spinning Mills Debt-to-Equity Related Terms

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Pasari Spinning Mills (BOM:521080) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Pasari Spinning Mills Ltd (BOM:521080) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Anjaneya Temple Street, No. 18 (Old No. 16), 3rd Floor, Yediyur, Jayanagar, 6th Block, Bangalore, KA, IND, 560082

Website

https://www.pasariexports.com

Pasari Spinning Mills Ltd has discontinued its operations. Previously, it was engaged in the manufacturing of cotton yarns. The company is involved in the business of textile, spinning, weaving, dying and printing factories, conventional or modern using cotton, silk, wool, and polyester fiber. It offers a range of home furnishing products such as curtains, bed linen, cushion covers, tassels, table linen, and furnishing fabrics. In addition, it also provides fashion and apparel products such as shawls and scarfs and fabrics for men, women, and kidswear. The company has discontinued its operations.

Pasari Spinning Mills (BOM:521080) Headlines

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