Vertex Securities (BOM:531950) Debt-to-Equity : 0.51 (As of Mar. 2024)

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What is Vertex Securities Debt-to-Equity?

Vertex Securities's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0.00 Mil. Vertex Securities's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹48.79 Mil. Vertex Securities's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹95.32 Mil. Vertex Securities's debt to equity for the quarter that ended in Mar. 2024 was 0.51.

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 Vertex Securities's Debt-to-Equity or its related term are showing as below:

BOM:531950' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12 Med: 0.33 Max: 0.8
Current: 0.51

During the past 13 years, the highest Debt-to-Equity Ratio of Vertex Securities was 0.80. The lowest was 0.12. And the median was 0.33.

BOM:531950's Debt-to-Equity is ranked worse than
57.52% of 605 companies
in the Capital Markets industry
Industry Median: 0.36 vs BOM:531950: 0.51

Vertex Securities Debt-to-Equity Historical Data

The historical data trend for Vertex Securities'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.

Vertex Securities Debt-to-Equity Chart

Vertex Securities Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.37

0.38

0.40

0.80

0.51

Vertex Securities 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															0.80	N/A	0.64	N/A	0.51

Competitive Comparison of Vertex Securities's Debt-to-Equity

For the Capital Markets subindustry, Vertex Securities'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.

Vertex Securities's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Vertex Securities's Debt-to-Equity distribution charts can be found below:

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

Vertex Securities Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Vertex Securities'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	+	48.794)	/	95.322
	=	0.51

Vertex Securities'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	+	48.794)	/	95.322
	=	0.51

Vertex Securities (BOM:531950) 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.

Vertex Securities Debt-to-Equity Related Terms

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

Vertex Securities (BOM:531950) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Vertex Securities Ltd (BOM:531950) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

403, Regent Chambers, Nariman Point, Mumbai, MH, IND, 400 021

Website

https://www.vertexbroking.com

Vertex Securities Ltd engages in the provision of securities brokerage services. It also offers equity, commodity, mutual funds, derivatives, currency futures, initial public offerings, and online trading services. The company provides retail brokerage services in equities, equity derivatives, currency derivatives, and commodities; mutual funds, initial public offerings, and other retail investment advisory services; institutional brokerage and arbitrage services; and online trading services.

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