Transwarranty Finance (BOM:532812) Debt-to-Equity : 1.27 (As of Mar. 2024)

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What is Transwarranty Finance Debt-to-Equity?

Transwarranty Finance's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0.0 Mil. Transwarranty Finance's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹383.7 Mil. Transwarranty Finance's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹301.9 Mil. Transwarranty Finance's debt to equity for the quarter that ended in Mar. 2024 was 1.27.

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

BOM:532812' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.94 Max: 3.01
Current: 1.27

During the past 13 years, the highest Debt-to-Equity Ratio of Transwarranty Finance was 3.01. The lowest was 0.06. And the median was 0.94.

BOM:532812's Debt-to-Equity is ranked worse than
71.65% of 1397 companies
in the Banks industry
Industry Median: 0.65 vs BOM:532812: 1.27

Transwarranty Finance Debt-to-Equity Historical Data

The historical data trend for Transwarranty 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.

Transwarranty Finance Debt-to-Equity Chart

Transwarranty Finance Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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1.15

2.60

3.01

1.38

1.27

Transwarranty 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															1.38	N/A	1.58	N/A	1.27

Competitive Comparison of Transwarranty Finance's Debt-to-Equity

For the Mortgage Finance subindustry, Transwarranty 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.

Transwarranty Finance's Debt-to-Equity Distribution in the Banks Industry

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

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

Transwarranty Finance Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Transwarranty 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	+	383.71)	/	301.914
	=	1.27

Transwarranty 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	+	383.71)	/	301.914
	=	1.27

Transwarranty Finance (BOM:532812) 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.

Transwarranty Finance Debt-to-Equity Related Terms

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Transwarranty Finance (BOM:532812) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Transwarranty Finance Ltd (BOM:532812) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

TFL:India

Address

No. 403, Regent Chambers, Nariman Point, Mumbai, MH, IND, 400021

Website

http://www.transwarranty.com

Transwarranty Finance Ltd is engaged in providing financial services. It is engaged in advisory services like investment banking, corporate finance, project finance, trade finance, and providing business and retail loans against collateral security of immovable property, liquid assets like shares, other financial assets, gold jewelry, and others. Geographically, the company operates only in the Indian market.

Transwarranty Finance (BOM:532812) Headlines

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