Creative Eye (BOM:532392) Debt-to-Equity : 0.31 (As of Mar. 2024)

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What is Creative Eye Debt-to-Equity?

Creative Eye's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹63.77 Mil. Creative Eye's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0.00 Mil. Creative Eye's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹206.49 Mil. Creative Eye's debt to equity for the quarter that ended in Mar. 2024 was 0.31.

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 Creative Eye's Debt-to-Equity or its related term are showing as below:

BOM:532392' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.14 Max: 0.29
Current: 0.29

During the past 13 years, the highest Debt-to-Equity Ratio of Creative Eye was 0.29. The lowest was 0.01. And the median was 0.14.

BOM:532392's Debt-to-Equity is ranked better than
50.3% of 831 companies
in the Media - Diversified industry
Industry Median: 0.29 vs BOM:532392: 0.29

Creative Eye Debt-to-Equity Historical Data

The historical data trend for Creative Eye'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.

Creative Eye Debt-to-Equity Chart

Creative Eye Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.20

0.21

0.28

0.25

0.31

Creative Eye 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															0.25	N/A	0.29	N/A	0.31

Competitive Comparison of Creative Eye's Debt-to-Equity

For the Entertainment subindustry, Creative Eye'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.

Creative Eye's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Creative Eye's Debt-to-Equity distribution charts can be found below:

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

Creative Eye Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Creative Eye'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
	=	(63.766	+	0)	/	206.489
	=	0.31

Creative Eye'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
	=	(63.766	+	0)	/	206.489
	=	0.31

Creative Eye (BOM:532392) 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.

Creative Eye Debt-to-Equity Related Terms

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

Creative Eye (BOM:532392) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Creative Eye Ltd (BOM:532392) » Definitions » Debt-to-Equity

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CREATIVEYE:India

Address

New Link Road, Kailash Plaza, Plot No.12-A, Opposite Laxmi Industrial Estate, Andheri (West), Mumbai, MH, IND, 400053

Website

https://www.creativeeye.com

Creative Eye Ltd is a production house engaged in the production of Audio-Visual. The company is engaged in the TV Serials segment. It is also engaged in the marketing of advertisement sales for in-house content, as well as outside-produced programs. It creates advertisement commercials for its clients. The projects include Kahan Gaye Woh Log, Adalat, Aage Aage Dekho Hota Hai Kya, Sansaar, Shree Ganesh, and Others.

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