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Cello World (BOM:544012) Debt-to-Equity : 0.32 (As of Mar. 2024)


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What is Cello World Debt-to-Equity?

Cello World's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹3,374 Mil. Cello World's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹333 Mil. Cello World's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹11,492 Mil. Cello World's debt to equity for the quarter that ended in Mar. 2024 was 0.32.

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 Cello World's Debt-to-Equity or its related term are showing as below:

BOM:544012' s Debt-to-Equity Range Over the Past 10 Years
Min: -3.13   Med: 0.66   Max: 5.28
Current: 0.32

During the past 4 years, the highest Debt-to-Equity Ratio of Cello World was 5.28. The lowest was -3.13. And the median was 0.66.

BOM:544012's Debt-to-Equity is ranked better than
50.79% of 380 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.325 vs BOM:544012: 0.32

Cello World Debt-to-Equity Historical Data

The historical data trend for Cello World'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.

Cello World Debt-to-Equity Chart

Cello World Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Debt-to-Equity
-3.13 5.28 1.00 0.32

Cello World Semi-Annual Data
Mar21 Mar22 Mar23 Mar24
Debt-to-Equity -3.13 5.28 1.00 0.32

Competitive Comparison of Cello World's Debt-to-Equity

For the Furnishings, Fixtures & Appliances subindustry, Cello World'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.

Cello World's Debt-to-Equity Distribution in the Furnishings, Fixtures & Appliances Industry

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

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


Cello World Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cello World'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
=(3373.723 + 333.398) / 11492.176
=0.32

Cello World'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
=(3373.723 + 333.398) / 11492.176
=0.32

* 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.

Cello World  (BOM:544012) 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.

Cello World Debt-to-Equity Related Terms

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

Cello World (BOM:544012) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Cello World Ltd (BOM:544012) » Definitions » Debt-to-Equity
Comparable Companies
Traded in Other Exchanges
CELLO:India
Address
Sonawala Road, Corporate Avenue, Cello House, B Wing, 8th Floor, Goregaon, Mumbai, MH, IND, 400063
Website
https://www.celloworld.com
Cello World Ltd is a popular Indian consumer products company. It is a leading company in the consumerware market in India with a presence in the consumer houseware, writing instruments and stationery, and molded furniture and allied products categories, and is amongst the largest brands in the Indian consumerware market.

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