Mafia Trends (BOM:543613) Debt-to-Equity : 0.27 (As of Mar. 2023)

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What is Mafia Trends Debt-to-Equity?

Mafia Trends's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹18.92 Mil. Mafia Trends's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹0.64 Mil. Mafia Trends's Total Stockholders Equity for the quarter that ended in Mar. 2023 was ₹72.45 Mil. Mafia Trends's debt to equity for the quarter that ended in Mar. 2023 was 0.27.

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 Mafia Trends's Debt-to-Equity or its related term are showing as below:

BOM:543613' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.27 Med: 0.88 Max: 1.37
Current: 0.27

During the past 4 years, the highest Debt-to-Equity Ratio of Mafia Trends was 1.37. The lowest was 0.27. And the median was 0.88.

BOM:543613's Debt-to-Equity is ranked better than
70.63% of 1001 companies
in the Retail - Cyclical industry
Industry Median: 0.62 vs BOM:543613: 0.27

Mafia Trends Debt-to-Equity Historical Data

The historical data trend for Mafia Trends'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.

Mafia Trends Debt-to-Equity Chart

Mafia Trends Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

1.37

1.15

0.62

0.27

Mafia Trends Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23
Debt-to-Equity	1.37	1.15	0.62	0.27

Competitive Comparison of Mafia Trends's Debt-to-Equity

For the Apparel Retail subindustry, Mafia Trends'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.

Mafia Trends's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Mafia Trends's Debt-to-Equity distribution charts can be found below:

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

Mafia Trends Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mafia Trends's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 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
	=	(18.921	+	0.638)	/	72.445
	=	0.27

Mafia Trends's Debt to Equity Ratio for the quarter that ended in Mar. 2023 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
	=	(18.921	+	0.638)	/	72.445
	=	0.27

Mafia Trends (BOM:543613) 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.

Mafia Trends Debt-to-Equity Related Terms

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

Mafia Trends (BOM:543613) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Mafia Trends Ltd (BOM:543613) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sandesh Press Road, 1, Prabhu Kutir Complex, Vastrapur, Ahmedabad, GJ, IND, 380 015

Website

http://www.mafiastores.com

Mafia Trends Ltd is engaged in the business of marketing and selling Men's fashion which includes apparel such as Jeans, Tshirts, Shirts, Chinos, Formal trousers and Formal shirts. The Company is engaged solely into the business of trading of apparels and readymade garments which is their only reportable segment.

Mafia Trends (BOM:543613) Headlines

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