Prime Securities (BOM:500337) Debt-to-Equity : 0.00 (As of Mar. 2024)

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What is Prime Securities Debt-to-Equity?

Prime Securities's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0.0 Mil. Prime Securities's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0.0 Mil. Prime Securities's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹1,575.7 Mil. Prime Securities's debt to equity for the quarter that ended in Mar. 2024 was 0.00.

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

During the past 13 years, the highest Debt-to-Equity Ratio of Prime Securities was 0.69. The lowest was -7.55. And the median was 0.05.

BOM:500337's Debt-to-Equity is not ranked ^*
in the Capital Markets industry.
Industry Median: 0.38
* Ranked among companies with meaningful Debt-to-Equity only.

Prime Securities Debt-to-Equity Historical Data

The historical data trend for Prime 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.

Prime Securities Debt-to-Equity Chart

Prime Securities Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.05

0.07

0.01

Prime 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															0.01	N/A	-	N/A	-

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

For the Capital Markets subindustry, Prime 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.

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

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

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

Prime Securities Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Prime 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	+	0)	/	1575.7
	=	0.00

Prime 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	+	0)	/	1575.7
	=	0.00

Prime Securities (BOM:500337) 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.

Prime Securities Debt-to-Equity Related Terms

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

Prime Securities (BOM:500337) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Prime Securities Ltd (BOM:500337) » Definitions » Debt-to-Equity

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PRIMESECU:India

Address

1109/1110, Maker Chambers V, Nariman Point, Mumbai, MH, IND, 400021

Website

https://www.primesec.com

Prime Securities Ltd is engaged in the provision of investment banking and corporate advisory services. The business activity of the group is operated through - Financial Advisory & Intermediation services and Brokerage from Mutual Fund distribution. The company is in providing value-added advice and services to clients on complex strategic and financial decisions and transactions focused on fundraising, mergers and acquisitions, equity and debt private placements, initial public offerings, corporate advisory, and capital restructuring. The company's business segment is providing merchant banking and advisory services. Geographically, all the activities function throughout the region of India.

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