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Vardhman Holdings (BOM:500439) Debt-to-Equity : 0.00 (As of Mar. 2024)


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What is Vardhman Holdings Debt-to-Equity?

Vardhman Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0.00 Mil. Vardhman Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0.00 Mil. Vardhman Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹32,971.70 Mil. Vardhman Holdings'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 Vardhman Holdings's Debt-to-Equity or its related term are showing as below:

BOM:500439's Debt-to-Equity is not ranked *
in the Credit Services industry.
Industry Median: 1.16
* Ranked among companies with meaningful Debt-to-Equity only.

Vardhman Holdings Debt-to-Equity Historical Data

The historical data trend for Vardhman Holdings'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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Vardhman Holdings Debt-to-Equity Chart

Vardhman Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Equity
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Vardhman Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Vardhman Holdings's Debt-to-Equity

For the Credit Services subindustry, Vardhman Holdings'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.


Vardhman Holdings's Debt-to-Equity Distribution in the Credit Services Industry

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

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



Vardhman Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Vardhman Holdings's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Vardhman Holdings's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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.


Vardhman Holdings  (BOM:500439) 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.


Vardhman Holdings Debt-to-Equity Related Terms

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Vardhman Holdings (BOM:500439) Business Description

Traded in Other Exchanges
Address
Chandigarh Road, Vardhman Premises, Ludhiana, PB, IND, 141010
Vardhman Holdings Ltd operates as a non-banking financial company. The firm is principally engaged in the lending and investing activities. The company's portfolio consists of investments in debt, equity, and real estate.

Vardhman Holdings (BOM:500439) Headlines

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