Westlife Foodworld (NSE:WESTLIFE) Debt-to-Equity : 2.32 (As of Mar. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Westlife Foodworld Debt-to-Equity?

Westlife Foodworld's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0 Mil. Westlife Foodworld's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹13,625 Mil. Westlife Foodworld's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹5,883 Mil. Westlife Foodworld's debt to equity for the quarter that ended in Mar. 2024 was 2.32.

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 Westlife Foodworld's Debt-to-Equity or its related term are showing as below:

NSE:WESTLIFE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.27 Med: 1.04 Max: 2.32
Current: 2.32

During the past 13 years, the highest Debt-to-Equity Ratio of Westlife Foodworld was 2.32. The lowest was 0.27. And the median was 1.04.

NSE:WESTLIFE's Debt-to-Equity is ranked worse than
80.4% of 301 companies
in the Restaurants industry
Industry Median: 0.93 vs NSE:WESTLIFE: 2.32

Westlife Foodworld Debt-to-Equity Historical Data

The historical data trend for Westlife Foodworld'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.

Westlife Foodworld Debt-to-Equity Chart

Westlife Foodworld Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

Get a 7-Day Free Trial

1.67

2.01

2.28

2.13

2.32

Westlife Foodworld 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															2.13	N/A	2.25	N/A	2.32

Competitive Comparison of Westlife Foodworld's Debt-to-Equity

For the Restaurants subindustry, Westlife Foodworld'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.

Westlife Foodworld's Debt-to-Equity Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Westlife Foodworld's Debt-to-Equity distribution charts can be found below:

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

Westlife Foodworld Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Westlife Foodworld'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
	=	(0	+	13625.26)	/	5882.631
	=	2.32

Westlife Foodworld'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
	=	(0	+	13625.26)	/	5882.631
	=	2.32

Westlife Foodworld (NSE:WESTLIFE) 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.

Westlife Foodworld Debt-to-Equity Related Terms

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

Westlife Foodworld (NSE:WESTLIFE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Westlife Foodworld Ltd (NSE:WESTLIFE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

505533:India

Address

Senapati Bapat Marg, 1001, Tower 3, 10th Floor, One International Center, Prabhadevi, Mumbai, MH, IND, 400 013

Website

https://www.westlife.co.in

Westlife Foodworld Ltd owns and operates several hundred McDonald's restaurants in western and southern India through a master franchise agreement with McDonald's Corp. The company's sole business segment is quick-service restaurants, and all of its sales are generated in India. The McDonald's menu is customized to cater to Indian tastes, with options such as the McAloo Tikki burger, Veg Pizza McPuff, and the Maharaja Mac. McDonald's restaurants in India serve no beef or pork and isolate vegetarian and nonvegetarian ingredients at all times.

Westlife Foodworld (NSE:WESTLIFE) Headlines

No Headlines