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Superior Finlease (BOM:539835) Debt-to-Equity : N/A (As of Dec. 2023)


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What is Superior Finlease Debt-to-Equity?

Superior Finlease's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.00 Mil. Superior Finlease's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.00 Mil. Superior Finlease's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹0.00 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 Superior Finlease's Debt-to-Equity or its related term are showing as below:

BOM:539835' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.14   Med: 3.21   Max: 22.33
Current: 12.29

During the past 13 years, the highest Debt-to-Equity Ratio of Superior Finlease was 22.33. The lowest was 0.14. And the median was 3.21.

BOM:539835's Debt-to-Equity is ranked worse than
96.77% of 433 companies
in the Credit Services industry
Industry Median: 1.13 vs BOM:539835: 12.29

Superior Finlease Debt-to-Equity Historical Data

The historical data trend for Superior Finlease'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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Superior Finlease Debt-to-Equity Chart

Superior Finlease Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.50 9.19 22.33 12.98 11.84

Superior Finlease 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A 11.84 N/A 12.29 N/A

Competitive Comparison of Superior Finlease's Debt-to-Equity

For the Credit Services subindustry, Superior Finlease'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.


Superior Finlease's Debt-to-Equity Distribution in the Credit Services Industry

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

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



Superior Finlease Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Superior Finlease's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Superior Finlease's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Superior Finlease  (BOM:539835) 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.


Superior Finlease Debt-to-Equity Related Terms

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


Superior Finlease (BOM:539835) Business Description

Traded in Other Exchanges
N/A
Address
Ranaji Enclave, NS-92, Khasra No-33/21, Near Arjun Park Bus Stand, Najafgarh, New Delhi, IND, 110043
Superior Finlease Ltd is an India-based company non-banking financial company. The business of the company is to finance industrial enterprises or other persons by way of lending and advancing money.

Superior Finlease (BOM:539835) Headlines

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