Sterling Guaranty & Finance (BOM:508963) Debt-to-Equity : -1.01 (As of Mar. 2024)

View and export this data going back to 1991. Start your Free Trial

What is Sterling Guaranty & Finance Debt-to-Equity?

Sterling Guaranty & Finance's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0.00 Mil. Sterling Guaranty & Finance's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹7.75 Mil. Sterling Guaranty & Finance's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹-7.65 Mil. Sterling Guaranty & Finance's debt to equity for the quarter that ended in Mar. 2024 was -1.01.

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 Sterling Guaranty & Finance's Debt-to-Equity or its related term are showing as below:

BOM:508963' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.56 Med: -1 Max: -0.97
Current: -1.01

During the past 13 years, the highest Debt-to-Equity Ratio of Sterling Guaranty & Finance was -0.97. The lowest was -1.56. And the median was -1.00.

BOM:508963's Debt-to-Equity is not ranked
in the Credit Services industry.
Industry Median: 1.13 vs BOM:508963: -1.01

Sterling Guaranty & Finance Debt-to-Equity Historical Data

The historical data trend for Sterling Guaranty & Finance'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.

Sterling Guaranty & Finance Debt-to-Equity Chart

Sterling Guaranty & Finance Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

Get a 7-Day Free Trial

-0.97

-1.11

-1.00

-1.01

Sterling Guaranty & Finance 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															-1.01	N/A	-1.05	N/A	-1.01

Competitive Comparison of Sterling Guaranty & Finance's Debt-to-Equity

For the Credit Services subindustry, Sterling Guaranty & Finance'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.

Sterling Guaranty & Finance's Debt-to-Equity Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Sterling Guaranty & Finance's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Sterling Guaranty & Finance's Debt-to-Equity falls into.

Sterling Guaranty & Finance Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sterling Guaranty & Finance'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	+	7.75)	/	-7.65
	=	-1.01

Sterling Guaranty & Finance'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	+	7.75)	/	-7.65
	=	-1.01

Sterling Guaranty & Finance (BOM:508963) 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.

Sterling Guaranty & Finance Debt-to-Equity Related Terms

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

Sterling Guaranty & Finance (BOM:508963) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Sterling Guaranty & Finance Ltd (BOM:508963) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Office No 3rd & 4th, 3rd Floor, The Centrium, Village Kurla Kirol, Kurla West, Mumbai, MH, IND, 400070

Website

https://www.sterling-guaranty.com

Sterling Guaranty & Finance Ltd offers financial services in India. The company offers various services like legal and investments advisory, investment modeling, investment risk assessment, security valuation, arbitrage strategies, and investments. Revenue for the company is generated from advisory fees.

Sterling Guaranty & Finance (BOM:508963) Headlines

No Headlines