Suumaya Industries (NSE:SUULD) Debt-to-Equity : N/A (As of Dec. 2023)

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What is Suumaya Industries Debt-to-Equity?

Suumaya Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Suumaya Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Suumaya Industries's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹0 Mil.

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 Suumaya Industries's Debt-to-Equity or its related term are showing as below:

NSE:SUULD' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.39 Max: 0.75
Current: 0.5

During the past 10 years, the highest Debt-to-Equity Ratio of Suumaya Industries was 0.75. The lowest was 0.04. And the median was 0.39.

NSE:SUULD's Debt-to-Equity is ranked better than
55.89% of 1002 companies
in the Retail - Cyclical industry
Industry Median: 0.63 vs NSE:SUULD: 0.50

Suumaya Industries Debt-to-Equity Historical Data

The historical data trend for Suumaya Industries'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.

Suumaya Industries Debt-to-Equity Chart

Suumaya Industries Annual Data

Trend

Mar13

Mar14

Mar15

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.41

0.56

0.14

0.28

0.39

Suumaya Industries Quarterly Data
	Mar18	Sep18	Mar19	Sep19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															N/A	0.39	N/A	0.50	N/A

Competitive Comparison of Suumaya Industries's Debt-to-Equity

For the Apparel Retail subindustry, Suumaya Industries'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.

Suumaya Industries's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Suumaya Industries's Debt-to-Equity distribution charts can be found below:

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

Suumaya Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Suumaya Industries'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
	=	(3256.2	+	302.1)	/	9118.5
	=	0.39

Suumaya Industries's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(0	+	0)	/	0
	=	N/A

Suumaya Industries (NSE:SUULD) 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.

Suumaya Industries Debt-to-Equity Related Terms

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

Suumaya Industries (NSE:SUULD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Suumaya Industries Ltd (NSE:SUULD) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Western Express Highway, Wing B, 20th Floor, Lotus Corporate Park, Goregaon East, Mumbai, MH, IND, 400063

Website

https://www.suumaya.com

Suumaya Industries Ltd is an India based company. The company's operating segment includes Textile; Retail and Agri produce. It generates maximum revenue from Agri produce segment. Agri produce segment business deals with a supply chain of various agri commodities such as wheat, rice, and dal.

Suumaya Industries (NSE:SUULD) Headlines

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