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Alka India (BOM:530889) Debt-to-Equity : N/A (As of Dec. 2023)


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What is Alka India Debt-to-Equity?

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

BOM:530889' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.15   Max: 0.29
Current: 0.17

During the past 13 years, the highest Debt-to-Equity Ratio of Alka India was 0.29. The lowest was 0.01. And the median was 0.15.

BOM:530889's Debt-to-Equity is not ranked
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 0.44 vs BOM:530889: 0.17

Alka India Debt-to-Equity Historical Data

The historical data trend for Alka India'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.

Alka India Debt-to-Equity Chart

Alka India Annual Data
Trend Sep14 Sep15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.15 0.15 0.15 0.17

Alka India 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 0.17 N/A 0.17 N/A

Competitive Comparison of Alka India's Debt-to-Equity

For the Textile Manufacturing subindustry, Alka India'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.


Alka India's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Alka India Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Alka India's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Alka India'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.


Alka India  (BOM:530889) 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.


Alka India Debt-to-Equity Related Terms

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


Alka India (BOM:530889) Business Description

Traded in Other Exchanges
N/A
Address
New Link Road,Morya Landmark II, Unit No. 102, 1st Floor, Near Infinity Mall, Andheri (West), Mumbai, MH, IND, 400053
Alka India Ltd is a textile manufacturing company carrying on the business activities of importing, exporting, purchasing, selling, and dealing in all types of yarns, cloth, fibers, fabrics, and textiles made from cotton, rayon, nylon, and silk.

Alka India (BOM:530889) Headlines

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