Nandani Creation (NSE:EQJAIPURKURT) Debt-to-Equity : 0.52 (As of Mar. 2023)

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What is Nandani Creation Debt-to-Equity?

Nandani Creation's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹91.5 Mil. Nandani Creation's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹59.6 Mil. Nandani Creation's Total Stockholders Equity for the quarter that ended in Mar. 2023 was ₹290.0 Mil. Nandani Creation's debt to equity for the quarter that ended in Mar. 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 Nandani Creation's Debt-to-Equity or its related term are showing as below:

NSE:EQJAIPURKURT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.17 Med: 1.05 Max: 5.93
Current: 0.52

During the past 11 years, the highest Debt-to-Equity Ratio of Nandani Creation was 5.93. The lowest was 0.17. And the median was 1.05.

NSE:EQJAIPURKURT's Debt-to-Equity is ranked worse than
54.8% of 938 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.44 vs NSE:EQJAIPURKURT: 0.52

Nandani Creation Debt-to-Equity Historical Data

The historical data trend for Nandani Creation'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.

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Nandani Creation Debt-to-Equity Chart

Nandani Creation Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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1.21

1.00

0.63

1.11

0.52

Nandani Creation Semi-Annual Data
	Mar13	Mar14	Mar15	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23
Debt-to-Equity	Get a 7-Day Free Trial												0.63	0.43	1.11	1.24	0.52

Competitive Comparison of Nandani Creation's Debt-to-Equity

For the Apparel Manufacturing subindustry, Nandani Creation'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.

Nandani Creation's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

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

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

Nandani Creation Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nandani Creation'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
	=	(91.516	+	59.556)	/	289.963
	=	0.52

Nandani Creation'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
	=	(91.516	+	59.556)	/	289.963
	=	0.52

Nandani Creation (NSE:EQJAIPURKURT) 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.

Nandani Creation Debt-to-Equity Related Terms

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Nandani Creation (NSE:EQJAIPURKURT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Nandani Creation Ltd (NSE:EQJAIPURKURT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

G-13, Kartarpura Industrial Area, Near 22 Godam, Jaipur, RJ, IND, 302006

Website

https://www.nandanicreation.com

Nandani Creation Ltd is engaged in Manufacturing, produced, import, export, wholesalers, trader, buyer, seller, job workers of dress materials, suits, sarees, and garments for men, women, and children including sportswear, activewear, daily wear, fashion wears, party wears wearing apparels purses, belts, wallets, and other allied good made from cotton, silk, synthetics, jute, velvet, woolen, leather, rexine. The company sells its products through its Website, jaipurkurti.com, and online portals to consumers and retail users. It derives the majority of its income from India.

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