Prismx Global Ventures (BOM:501314) Debt-to-Equity : N/A (As of Dec. 2023)

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What is Prismx Global Ventures Debt-to-Equity?

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

BOM:501314' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.03 Max: 0.16
Current: 0.04

During the past 13 years, the highest Debt-to-Equity Ratio of Prismx Global Ventures was 0.16. The lowest was 0.01. And the median was 0.03.

BOM:501314's Debt-to-Equity is ranked better than
82.21% of 607 companies
in the Capital Markets industry
Industry Median: 0.37 vs BOM:501314: 0.04

Prismx Global Ventures Debt-to-Equity Historical Data

The historical data trend for Prismx Global Ventures'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.

Prismx Global Ventures Debt-to-Equity Chart

Prismx Global Ventures Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.03

0.01

Prismx Global Ventures 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															N/A	0.01	N/A	0.04	N/A

Competitive Comparison of Prismx Global Ventures's Debt-to-Equity

For the Capital Markets subindustry, Prismx Global Ventures'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.

Prismx Global Ventures's Debt-to-Equity Distribution in the Capital Markets Industry

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

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

Prismx Global Ventures Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Prismx Global Ventures'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
	=	(12.829	+	0.225)	/	1139.197
	=	0.01

Prismx Global Ventures'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
	=	(0	+	0)	/	0
	=	N/A

Prismx Global Ventures (BOM:501314) 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.

Prismx Global Ventures Debt-to-Equity Related Terms

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

Prismx Global Ventures (BOM:501314) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Prismx Global Ventures Ltd (BOM:501314) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Tejpal Scheme Road No. 3, 2nd Floor, Purva Building, Vile Parle (East), Mumbai, MH, IND, 400057

Website

https://www.gromotrade.com

Prismx Global Ventures Ltd is an Indian-based company that provides consultancy and advisory services in the field of management, IT, technical, industrial, personnel and labour, legal and taxation, financial, commercial and investment, capital market, consulting engineers, operational research consultants, computer service, and marketing services. The company operates in three reportable segments which include Trading in Commodities, Finance and Activities in Sports and Entertainment. The majority of the company's revenue is generated from the sale of commodities.

Prismx Global Ventures (BOM:501314) Headlines

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