Pace E Commerce Ventures (BOM:543637) Debt-to-Equity : 0.06 (As of Sep. 2023)

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What is Pace E Commerce Ventures Debt-to-Equity?

Pace E Commerce Ventures's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹14.5 Mil. Pace E Commerce Ventures's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹30.8 Mil. Pace E Commerce Ventures's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹708.0 Mil. Pace E Commerce Ventures's debt to equity for the quarter that ended in Sep. 2023 was 0.06.

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 Pace E Commerce Ventures's Debt-to-Equity or its related term are showing as below:

BOM:543637' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.06 Max: 16.77
Current: 0.06

During the past 4 years, the highest Debt-to-Equity Ratio of Pace E Commerce Ventures was 16.77. The lowest was 0.04. And the median was 0.06.

BOM:543637's Debt-to-Equity is ranked better than
83.77% of 382 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.335 vs BOM:543637: 0.06

Pace E Commerce Ventures Debt-to-Equity Historical Data

The historical data trend for Pace E Commerce Ventures'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.

Pace E Commerce Ventures Debt-to-Equity Chart

Pace E Commerce Ventures Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

16.77

0.04

0.14

0.05

Pace E Commerce Ventures Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial			0.04	0.14	N/A	0.05	0.06

Competitive Comparison of Pace E Commerce Ventures's Debt-to-Equity

For the Furnishings, Fixtures & Appliances subindustry, Pace E Commerce Ventures'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.

Pace E Commerce Ventures's Debt-to-Equity Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Pace E Commerce Ventures's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Pace E Commerce Ventures's Debt-to-Equity falls into.

Pace E Commerce Ventures Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Pace E Commerce Ventures'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
	=	(10.098	+	24.152)	/	705.269
	=	0.05

Pace E Commerce Ventures's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(14.536	+	30.82)	/	707.955
	=	0.06

Pace E Commerce Ventures (BOM:543637) 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.

Pace E Commerce Ventures Debt-to-Equity Related Terms

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Pace E Commerce Ventures (BOM:543637) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Pace E Commerce Ventures Ltd (BOM:543637) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shahibaug, Office no.423, 4th Floor, „C? Block, Sumel -11, Opposite Namaste Circle, Ahmedabad, GJ, IND, 380004

Website

https://www.cotandcandy.com

Pace E Commerce Ventures Ltd offers children's furniture, bedding, housewares and essentials. The company's product portfolio includes Beds and Cribs, Seating and Lounging, Storage and Organisers, Playroom Furniture, Bins and Baskets, Décor and Accessories, Kids Bedding, Baby Bedding, Baby and Kids Essentials, Dinning Essentials and Homeware, Sports Ride Ons and Outdoor, Art and Craft, Games and Puzzles, Scooters and Ride Ons, Dolls Action figures and soft toys.

Pace E Commerce Ventures (BOM:543637) Headlines

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