Lahoti Overseas (BOM:531842) Debt-to-Equity : 0.06 (As of Mar. 2024)

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What is Lahoti Overseas Debt-to-Equity?

Lahoti Overseas's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹103 Mil. Lahoti Overseas's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0 Mil. Lahoti Overseas's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹1,894 Mil. Lahoti Overseas's debt to equity for the quarter that ended in Mar. 2024 was 0.05.

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 Lahoti Overseas's Debt-to-Equity or its related term are showing as below:

BOM:531842' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.37 Max: 1.1
Current: 0.06

During the past 13 years, the highest Debt-to-Equity Ratio of Lahoti Overseas was 1.10. The lowest was 0.05. And the median was 0.37.

BOM:531842's Debt-to-Equity is ranked better than
87.23% of 932 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.43 vs BOM:531842: 0.06

Lahoti Overseas Debt-to-Equity Historical Data

The historical data trend for Lahoti Overseas'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.

Lahoti Overseas Debt-to-Equity Chart

Lahoti Overseas Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.28

0.37

0.38

0.05

0.06

Lahoti Overseas 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															0.05	N/A	0.09	N/A	0.06

Competitive Comparison of Lahoti Overseas's Debt-to-Equity

For the Textile Manufacturing subindustry, Lahoti Overseas'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.

Lahoti Overseas's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

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

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

Lahoti Overseas Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Lahoti Overseas'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
	=	(103.26	+	0)	/	1893.639
	=	0.05

Lahoti Overseas'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
	=	(103.26	+	0)	/	1893.639
	=	0.05

Lahoti Overseas (BOM:531842) 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.

Lahoti Overseas Debt-to-Equity Related Terms

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

Lahoti Overseas (BOM:531842) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Lahoti Overseas Ltd (BOM:531842) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Tardeo Road, 307, Arun Chambers, Mumbai, MH, IND, 400034

Website

https://www.lahotioverseas.com

Lahoti Overseas Ltd is engaged in the business of merchant exports of cotton textiles and specializes in the export of quality cotton yarns and fabrics. It is also engaged in the business of setting up of power projects and to generate, supply, distribute, transmit and transform electric or other sources of power. Its products include carded and combed ring spun yarns, ply yarns, special yarns. The segments of the company include Trading and Power.

Lahoti Overseas (BOM:531842) Headlines

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