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Feroze1888 Mills (KAR:FML) Debt-to-Equity : 0.85 (As of Mar. 2024)


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What is Feroze1888 Mills Debt-to-Equity?

Feroze1888 Mills's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₨21,872 Mil. Feroze1888 Mills's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₨6,793 Mil. Feroze1888 Mills's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₨33,605 Mil. Feroze1888 Mills's debt to equity for the quarter that ended in Mar. 2024 was 0.85.

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 Feroze1888 Mills's Debt-to-Equity or its related term are showing as below:

KAR:FML' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.44   Max: 0.86
Current: 0.85

During the past 13 years, the highest Debt-to-Equity Ratio of Feroze1888 Mills was 0.86. The lowest was 0.00. And the median was 0.44.

KAR:FML's Debt-to-Equity is ranked worse than
69.8% of 937 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.44 vs KAR:FML: 0.85

Feroze1888 Mills Debt-to-Equity Historical Data

The historical data trend for Feroze1888 Mills'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.

Feroze1888 Mills Debt-to-Equity Chart

Feroze1888 Mills Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.44 0.72 0.80 0.81 0.71

Feroze1888 Mills 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.76 0.71 0.71 0.85 0.85

Competitive Comparison of Feroze1888 Mills's Debt-to-Equity

For the Textile Manufacturing subindustry, Feroze1888 Mills'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.


Feroze1888 Mills's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Feroze1888 Mills's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Feroze1888 Mills's Debt-to-Equity falls into.



Feroze1888 Mills Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Feroze1888 Mills's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Feroze1888 Mills's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* 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.


Feroze1888 Mills  (KAR:FML) 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.


Feroze1888 Mills Debt-to-Equity Related Terms

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Feroze1888 Mills (KAR:FML) Business Description

Traded in Other Exchanges
N/A
Address
K&N Centre, 160 Banglore Town, 2nd and 3rd Floors, Shahrah -e-Faisal, Karachi, SD, PAK
Feroze1888 Mills Ltd is a Pakistan-based company manufactures and exports towels. Their product line includes bath towels, beach towels, and a kitchen section. Their bath towel product includes dobby, yarn dyed, and jacquard, while their kitchen section includes scrubber, flour sack, and basic. Geographically, it derives a majority of revenue from America and also has a presence in Europe; Asia; Australia, and Africa.

Feroze1888 Mills (KAR:FML) Headlines

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