Sainik Finance & Industries (BOM:530265) Debt-to-Equity : N/A (As of Dec. 2023)

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What is Sainik Finance & Industries Debt-to-Equity?

Sainik Finance & Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.0 Mil. Sainik Finance & Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.0 Mil. Sainik Finance & Industries's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹0.0 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 Sainik Finance & Industries's Debt-to-Equity or its related term are showing as below:

BOM:530265' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.62 Med: 3.95 Max: 11.74
Current: 2.66

During the past 13 years, the highest Debt-to-Equity Ratio of Sainik Finance & Industries was 11.74. The lowest was 0.62. And the median was 3.95.

BOM:530265's Debt-to-Equity is ranked worse than
69.53% of 430 companies
in the Credit Services industry
Industry Median: 1.185 vs BOM:530265: 2.66

Sainik Finance & Industries Debt-to-Equity Historical Data

The historical data trend for Sainik Finance & 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.

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Sainik Finance & Industries Debt-to-Equity Chart

Sainik Finance & Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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5.21

4.03

3.76

11.74

5.49

Sainik Finance & Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	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	5.49	N/A	2.66	N/A

Competitive Comparison of Sainik Finance & Industries's Debt-to-Equity

For the Credit Services subindustry, Sainik Finance & 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.

Sainik Finance & Industries's Debt-to-Equity Distribution in the Credit Services Industry

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

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

Sainik Finance & Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sainik Finance & 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
	=	(970.952	+	970.952)	/	354.056
	=	5.48

Sainik Finance & 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

Sainik Finance & Industries (BOM:530265) 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.

Sainik Finance & Industries Debt-to-Equity Related Terms

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

Sainik Finance & Industries (BOM:530265) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Sainik Finance & Industries Ltd (BOM:530265) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

NH-8, Ambience Mall, 7th Floor, Corporate Office Tower, Gurugram, HR, IND, 122002

Website

http://www.sainikfinance.com

Sainik Finance & Industries Ltd is a non-banking finance company. It is engaged in the business of providing credit. The group's operations are concentrated in India. Its primary source of revenue is the interest income.

Sainik Finance & Industries (BOM:530265) Headlines

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