Roadzen (Roadzen) Debt-to-Equity : -19.46 (As of Dec. 2023)

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What is Roadzen Debt-to-Equity?

Roadzen's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $17.98 Mil. Roadzen's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.86 Mil. Roadzen's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-0.97 Mil. Roadzen's debt to equity for the quarter that ended in Dec. 2023 was -19.46.

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

RDZN' s Debt-to-Equity Range Over the Past 10 Years
Min: -19.46 Med: -0.6 Max: 7.02
Current: -19.46

During the past 3 years, the highest Debt-to-Equity Ratio of Roadzen was 7.02. The lowest was -19.46. And the median was -0.60.

RDZN's Debt-to-Equity is not ranked
in the Software industry.
Industry Median: 0.21 vs RDZN: -19.46

Roadzen Debt-to-Equity Historical Data

The historical data trend for Roadzen'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.

Roadzen Debt-to-Equity Chart

Roadzen Annual Data

Trend

Mar21

Mar22

Mar23

Debt-to-Equity

-0.79

-0.64

-0.18

Roadzen Quarterly Data
	Mar21	Dec21	Mar22	Sep22	Dec22	Mar23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			N/A	-0.56	-0.18	7.02	-19.46

Competitive Comparison of Roadzen's Debt-to-Equity

For the Software - Application subindustry, Roadzen'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.

Roadzen's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Roadzen's Debt-to-Equity distribution charts can be found below:

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

Roadzen Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Roadzen'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
	=	(7.937	+	1.014)	/	-50.845
	=	-0.18

Roadzen'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
	=	(17.983	+	0.855)	/	-0.968
	=	-19.46

Roadzen (NAS:RDZN) 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.

Roadzen Debt-to-Equity Related Terms

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

Roadzen (Roadzen) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Roadzen Inc (NAS:RDZN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/o Cogency Global Inc, 850 New Burton Road, Suite 201, Dover, DE, USA, 19904

Website

https://www.roadzen.io

Roadzen Inc is an insurance technology company on a mission to transform global auto insurance powered by advanced AI. Its clients comprise major insurers, fleets, and carmakers to small fleets, brokers, and insurance agents that use Roadzen's technology to build new products, sell insurance, process claims, and improve road safety. Roadzen's work in telematics and computer vision has earned recognition as an AI innovator by publications such as Forbes, Fortune, and Financial Express.

Roadzen (Roadzen) Headlines

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