Sai Silks (Kalamandir) (BOM:543989) Debt-to-Equity : 0.52 (As of Sep. 2023)

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What is Sai Silks (Kalamandir) Debt-to-Equity?

Sai Silks (Kalamandir)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹2,916 Mil. Sai Silks (Kalamandir)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹2,283 Mil. Sai Silks (Kalamandir)'s Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹9,977 Mil. Sai Silks (Kalamandir)'s debt to equity for the quarter that ended in Sep. 2023 was 0.52.

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 Sai Silks (Kalamandir)'s Debt-to-Equity or its related term are showing as below:

BOM:543989' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.52 Med: 1.27 Max: 1.41
Current: 0.52

During the past 4 years, the highest Debt-to-Equity Ratio of Sai Silks (Kalamandir) was 1.41. The lowest was 0.52. And the median was 1.27.

BOM:543989's Debt-to-Equity is ranked better than
54.25% of 1001 companies
in the Retail - Cyclical industry
Industry Median: 0.62 vs BOM:543989: 0.52

Sai Silks (Kalamandir) Debt-to-Equity Historical Data

The historical data trend for Sai Silks (Kalamandir)'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.

Sai Silks (Kalamandir) Debt-to-Equity Chart

Sai Silks (Kalamandir) Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

1.27

1.41

1.24

1.32

Sai Silks (Kalamandir) Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial			1.41	1.24	N/A	1.32	0.52

Competitive Comparison of Sai Silks (Kalamandir)'s Debt-to-Equity

For the Apparel Retail subindustry, Sai Silks (Kalamandir)'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.

Sai Silks (Kalamandir)'s Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Sai Silks (Kalamandir)'s Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Sai Silks (Kalamandir)'s Debt-to-Equity falls into.

Sai Silks (Kalamandir) Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sai Silks (Kalamandir)'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
	=	(2941.49	+	2317.66)	/	3973.34
	=	1.32

Sai Silks (Kalamandir)'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
	=	(2915.8	+	2282.93)	/	9976.58
	=	0.52

Sai Silks (Kalamandir) (BOM:543989) 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.

Sai Silks (Kalamandir) Debt-to-Equity Related Terms

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

Sai Silks (Kalamandir) (BOM:543989) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Sai Silks (Kalamandir) Ltd (BOM:543989) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

KALAMANDIR:India

Address

6-3-790/8, Flat No. 1, Bathina Apartments, Ameerpet, Hyderabad, TG, IND, 500016

Website

https://www.sskl.co.in

Sai Silks (Kalamandir) Ltd is a company who is one of the retailers of ethnic apparels. Its business activity falls within a single business which is retail of textile and textile articles. The company caters to customers in all market sectors by offering items in four formats to diverse market segments, including premium ethnic fashion, ethnic fashion for middle-class consumers, and value fashion. Lehengas, men's ethnic wear, children's ethnic wear, and value fashion products, including fusion wear and western wear for women, men, and children, are just a few of the products it offers.

Sai Silks (Kalamandir) (BOM:543989) Headlines

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