Pramara Promotions (NSE:PRAMARA) Debt-to-Equity : 2.08 (As of Mar. 2023)

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What is Pramara Promotions Debt-to-Equity?

Pramara Promotions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹191.3 Mil. Pramara Promotions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹141.8 Mil. Pramara Promotions's Total Stockholders Equity for the quarter that ended in Mar. 2023 was ₹160.5 Mil. Pramara Promotions's debt to equity for the quarter that ended in Mar. 2023 was 2.07.

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 Pramara Promotions's Debt-to-Equity or its related term are showing as below:

NSE:PRAMARA' s Debt-to-Equity Range Over the Past 10 Years
Min: 2.08 Med: 2.28 Max: 2.46
Current: 2.08

During the past 3 years, the highest Debt-to-Equity Ratio of Pramara Promotions was 2.46. The lowest was 2.08. And the median was 2.28.

NSE:PRAMARA's Debt-to-Equity is ranked worse than
89.8% of 833 companies
in the Media - Diversified industry
Industry Median: 0.29 vs NSE:PRAMARA: 2.08

Pramara Promotions Debt-to-Equity Historical Data

The historical data trend for Pramara Promotions'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.

Pramara Promotions Debt-to-Equity Chart

Pramara Promotions Annual Data

Trend

Mar21

Mar22

Mar23

Debt-to-Equity

2.46

2.28

2.08

Pramara Promotions Semi-Annual Data
	Mar21	Mar22	Mar23
Debt-to-Equity	2.46	2.28	2.08

Competitive Comparison of Pramara Promotions's Debt-to-Equity

For the Advertising Agencies subindustry, Pramara Promotions'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.

Pramara Promotions's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Pramara Promotions's Debt-to-Equity distribution charts can be found below:

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

Pramara Promotions Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Pramara Promotions'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
	=	(191.31	+	141.768)	/	160.53
	=	2.07

Pramara Promotions'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
	=	(191.31	+	141.768)	/	160.53
	=	2.07

Pramara Promotions (NSE:PRAMARA) 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.

Pramara Promotions Debt-to-Equity Related Terms

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

Pramara Promotions (NSE:PRAMARA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Pramara Promotions Ltd (NSE:PRAMARA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

CTS No. 4 ETC Chandivali Farm Road, A-208, Boomerang Equity Bussi Park, Sakinaka, Andheri East, Mumbai, MH, IND, 400072

Website

http://www.pramara.com

Pramara Promotions Ltd is a promotional marketing agency. The company is engaged in the business of ideation, conceptualization, designing manufacturing, and marketing of promotional products and gift items for clients across sectors, such as FMCG, QSR, pharma, beverage companies non-alcoholic and alcoholic, cosmetic, telecom, media, and others. It offers services such as Cross Promotions, Loyalty and rewards, Corporate Gifting, Toy Retail, Sweepstakes promotions, and more. The company also manufactures the products under an OEM arrangement, where the company manufactures products such as water bottles, pens, and others which are branded with the company's logo or design and used as promotional merchandise.

Pramara Promotions (NSE:PRAMARA) Headlines

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