GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Zodiac Clothing Co Ltd (BOM:521163) » Definitions » Debt-to-Equity

Zodiac Clothing Co (BOM:521163) Debt-to-Equity : N/A (As of Dec. 2023)


View and export this data going back to 2000. Start your Free Trial

What is Zodiac Clothing Co Debt-to-Equity?

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

BOM:521163' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.19   Med: 0.24   Max: 0.58
Current: 0.29

During the past 13 years, the highest Debt-to-Equity Ratio of Zodiac Clothing Co was 0.58. The lowest was 0.19. And the median was 0.24.

BOM:521163's Debt-to-Equity is ranked better than
62.07% of 936 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.44 vs BOM:521163: 0.29

Zodiac Clothing Co Debt-to-Equity Historical Data

The historical data trend for Zodiac Clothing Co'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.

Zodiac Clothing Co Debt-to-Equity Chart

Zodiac Clothing Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.55 0.35 0.30 0.23

Zodiac Clothing Co 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 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 N/A 0.23 N/A 0.29 N/A

Competitive Comparison of Zodiac Clothing Co's Debt-to-Equity

For the Apparel Manufacturing subindustry, Zodiac Clothing Co'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.


Zodiac Clothing Co's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Zodiac Clothing Co's Debt-to-Equity falls into.



Zodiac Clothing Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Zodiac Clothing Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Zodiac Clothing Co's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Zodiac Clothing Co  (BOM:521163) 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.


Zodiac Clothing Co Debt-to-Equity Related Terms

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


Zodiac Clothing Co (BOM:521163) Business Description

Traded in Other Exchanges
Address
Dr. Annie Besant Road, Nyloc House, 254, D-2, Worli, Mumbai, MH, IND, 400 030
Zodiac Clothing Co Ltd manufactures men's fine clothing and accessories. The products manufactured by the company are shirts, trousers, ties, suits, and accessories. It operates in a single segment which is Garment. Nearly half of the revenue is generated from India and the rest from other countries. Its brand includes Zodiac, ZOD!, and Z3.

Zodiac Clothing Co (BOM:521163) Headlines

No Headlines