Indostar Capital Finance (NSE:INDOSTAR) Debt-to-Equity : 2.34 (As of Mar. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Indostar Capital Finance Debt-to-Equity?

Indostar Capital Finance's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0 Mil. Indostar Capital Finance's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹75,717 Mil. Indostar Capital Finance's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹32,352 Mil. Indostar Capital Finance's debt to equity for the quarter that ended in Mar. 2024 was 2.34.

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 Indostar Capital Finance's Debt-to-Equity or its related term are showing as below:

NSE:INDOSTAR' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.62 Med: 2.06 Max: 3.01
Current: 2.34

During the past 11 years, the highest Debt-to-Equity Ratio of Indostar Capital Finance was 3.01. The lowest was 1.62. And the median was 2.06.

NSE:INDOSTAR's Debt-to-Equity is ranked worse than
66.82% of 428 companies
in the Credit Services industry
Industry Median: 1.17 vs NSE:INDOSTAR: 2.34

Indostar Capital Finance Debt-to-Equity Historical Data

The historical data trend for Indostar Capital Finance'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.

Indostar Capital Finance Debt-to-Equity Chart

Indostar Capital Finance Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

Get a 7-Day Free Trial

2.66

1.62

2.13

1.82

2.34

Indostar Capital Finance 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															1.82	N/A	1.78	N/A	2.34

Competitive Comparison of Indostar Capital Finance's Debt-to-Equity

For the Credit Services subindustry, Indostar Capital Finance'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.

Indostar Capital Finance's Debt-to-Equity Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Indostar Capital Finance's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Indostar Capital Finance's Debt-to-Equity falls into.

Indostar Capital Finance Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Indostar Capital Finance'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	+	75716.5)	/	32352.2
	=	2.34

Indostar Capital Finance'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	+	75716.5)	/	32352.2
	=	2.34

Indostar Capital Finance (NSE:INDOSTAR) 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.

Indostar Capital Finance Debt-to-Equity Related Terms

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

Indostar Capital Finance (NSE:INDOSTAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Indostar Capital Finance Ltd (NSE:INDOSTAR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

541336:India

Address

Andheri- Ghatkopar Link Road, Unit No. 505, 5th Floor, Wing 2/E, Corporate Avenue, Chakala, Andheri (East), Mumbai, MH, IND, 400099

Website

https://www.indostarcapital.com

Indostar Capital Finance Ltd is a non-banking finance company. It is primarily engaged in providing bespoke Indian rupee denominated structured term financing solutions to corporate and loans to small and medium enterprise borrowers in India. The company operates four principal lines of business namely: Corporate lending, Small and Medium enterprise lending, Commercial vehicle lending, and Housing finance. It generally derives revenue in the form of fees and commission income, interest income on the loan portfolio, deposits with banks, investments in PTCs, and debt instruments. Geographically, the group generates key revenue from India.

Indostar Capital Finance (NSE:INDOSTAR) Headlines

No Headlines