Royal Cushion Vinyl Products (BOM:526193) Debt-to-Equity : -2.11 (As of Mar. 2024)

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What is Royal Cushion Vinyl Products Debt-to-Equity?

Royal Cushion Vinyl Products's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹480.2 Mil. Royal Cushion Vinyl Products's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹145.0 Mil. Royal Cushion Vinyl Products's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹-296.9 Mil. Royal Cushion Vinyl Products's debt to equity for the quarter that ended in Mar. 2024 was -2.11.

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 Royal Cushion Vinyl Products's Debt-to-Equity or its related term are showing as below:

BOM:526193' s Debt-to-Equity Range Over the Past 10 Years
Min: -2.11 Med: -0.74 Max: -0.58
Current: -2.11

During the past 13 years, the highest Debt-to-Equity Ratio of Royal Cushion Vinyl Products was -0.58. The lowest was -2.11. And the median was -0.74.

BOM:526193's Debt-to-Equity is not ranked
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 0.325 vs BOM:526193: -2.11

Royal Cushion Vinyl Products Debt-to-Equity Historical Data

The historical data trend for Royal Cushion Vinyl Products'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.

Royal Cushion Vinyl Products Debt-to-Equity Chart

Royal Cushion Vinyl Products Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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-0.74

-0.76

-0.81

-2.11

Royal Cushion Vinyl Products 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															-0.81	N/A	-0.57	N/A	-2.11

Competitive Comparison of Royal Cushion Vinyl Products's Debt-to-Equity

For the Furnishings, Fixtures & Appliances subindustry, Royal Cushion Vinyl Products'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.

Royal Cushion Vinyl Products's Debt-to-Equity Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Royal Cushion Vinyl Products's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Royal Cushion Vinyl Products's Debt-to-Equity falls into.

Royal Cushion Vinyl Products Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Royal Cushion Vinyl Products's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 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
	=	(480.189	+	144.961)	/	-296.875
	=	-2.11

Royal Cushion Vinyl Products's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(480.189	+	144.961)	/	-296.875
	=	-2.11

Royal Cushion Vinyl Products (BOM:526193) 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.

Royal Cushion Vinyl Products Debt-to-Equity Related Terms

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Royal Cushion Vinyl Products (BOM:526193) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Royal Cushion Vinyl Products Ltd (BOM:526193) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shlok, 60 CD, Government Industrial Estate, Charkop, Kandivli (West), Mumbai, MH, IND, 400 067

Website

https://www.rcvp.in

Royal Cushion Vinyl Products Ltd is an India-based company and manufacturer of PVC vinyl flooring products. It involves the Commercial flooring range, Residential flooring range, and Transport flooring range. The company offers a wide range of vinyl flooring used for households, offices, shops, health clubs, automobiles, and others.

Royal Cushion Vinyl Products (BOM:526193) Headlines

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