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SecUR Credentials (NSE:SECURCRED) Debt-to-Equity : N/A (As of Dec. 2023)


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What is SecUR Credentials Debt-to-Equity?

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

NSE:SECURCRED' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1   Med: 0.51   Max: 2.98
Current: 0.46

During the past 11 years, the highest Debt-to-Equity Ratio of SecUR Credentials was 2.98. The lowest was 0.10. And the median was 0.51.

NSE:SECURCRED's Debt-to-Equity is ranked worse than
53.78% of 926 companies
in the Business Services industry
Industry Median: 0.375 vs NSE:SECURCRED: 0.46

SecUR Credentials Debt-to-Equity Historical Data

The historical data trend for SecUR Credentials'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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SecUR Credentials Debt-to-Equity Chart

SecUR Credentials 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 0.61 0.61 0.42 0.42 0.47

SecUR Credentials Quarterly Data
Mar17 Jun17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 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 0.47 N/A 0.46 N/A

Competitive Comparison of SecUR Credentials's Debt-to-Equity

For the Specialty Business Services subindustry, SecUR Credentials'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.


SecUR Credentials's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, SecUR Credentials's Debt-to-Equity distribution charts can be found below:

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



SecUR Credentials Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

SecUR Credentials'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.


SecUR Credentials  (NSE:SECURCRED) 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.


SecUR Credentials Debt-to-Equity Related Terms

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


SecUR Credentials (NSE:SECURCRED) Business Description

Traded in Other Exchanges
Address
8th Floor, A Wing, Prism Tower, Mindspace, Malad West, Mumbai, MH, IND, 400064
SecUR Credentials Ltd is an India-based company that engages in employee background verification and job seeker resume verification-SecUR number. The company does education, employment, criminal, identity, database and media, residential reference, credit checks, drug tests, and psychometric tests. It also offers employees background screening, onboarding process, exit management, and employee support services for corporates.

SecUR Credentials (NSE:SECURCRED) Headlines

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