Vaibhav Global (NSE:VAIBHAVGBL) Debt-to-Equity : 0.17 (As of Mar. 2024)

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What is Vaibhav Global Debt-to-Equity?

Vaibhav Global's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹1,275 Mil. Vaibhav Global's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹907 Mil. Vaibhav Global's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹12,577 Mil. Vaibhav Global's debt to equity for the quarter that ended in Mar. 2024 was 0.17.

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 Vaibhav Global's Debt-to-Equity or its related term are showing as below:

NSE:VAIBHAVGBL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1 Med: 0.15 Max: 0.3
Current: 0.17

During the past 13 years, the highest Debt-to-Equity Ratio of Vaibhav Global was 0.30. The lowest was 0.10. And the median was 0.15.

NSE:VAIBHAVGBL's Debt-to-Equity is ranked better than
79.6% of 1000 companies
in the Retail - Cyclical industry
Industry Median: 0.62 vs NSE:VAIBHAVGBL: 0.17

Vaibhav Global Debt-to-Equity Historical Data

The historical data trend for Vaibhav Global'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.

Vaibhav Global Debt-to-Equity Chart

Vaibhav Global Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.14

0.13

0.15

0.16

0.17

Vaibhav Global 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															0.16	N/A	0.16	N/A	0.17

Competitive Comparison of Vaibhav Global's Debt-to-Equity

For the Luxury Goods subindustry, Vaibhav Global'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.

Vaibhav Global's Debt-to-Equity Distribution in the Retail - Cyclical Industry

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

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

Vaibhav Global Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Vaibhav Global'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
	=	(1274.638	+	907.143)	/	12576.616
	=	0.17

Vaibhav Global'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
	=	(1274.638	+	907.143)	/	12576.616
	=	0.17

Vaibhav Global (NSE:VAIBHAVGBL) 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.

Vaibhav Global Debt-to-Equity Related Terms

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Vaibhav Global (NSE:VAIBHAVGBL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Vaibhav Global Ltd (NSE:VAIBHAVGBL) » Definitions » Debt-to-Equity

Traded in Other Exchanges

532156:India

Address

E-69, EPIP, Sitapura, Jaipur, RJ, IND, 302022

Website

https://www.vaibhavglobal.com

Vaibhav Global Ltd is engaged in the manufacturing, selling, and exporting of jewelry which includes coloured gemstones, precious stones, and studded jewelry. The company's geographical segments include the United States of America, the United Kingdom, India, and Other Countries. It generates a majority of its revenue from the United States of America. The company's only reportable segment is the manufacturing/ trading and retail of fashion and lifestyle products.

Vaibhav Global (NSE:VAIBHAVGBL) Headlines

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