SKP Securities (BOM:531169) Debt-to-Equity : 0.00 (As of Mar. 2024)

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What is SKP Securities Debt-to-Equity?

SKP Securities's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0.0 Mil. SKP Securities's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0.0 Mil. SKP Securities's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹418.4 Mil. SKP 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 SKP Securities's Debt-to-Equity or its related term are showing as below:

BOM:531169' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.04 Max: 0.13
Current: 0.06

During the past 13 years, the highest Debt-to-Equity Ratio of SKP Securities was 0.13. The lowest was 0.00. And the median was 0.04.

BOM:531169's Debt-to-Equity is ranked better than
77.58% of 611 companies
in the Capital Markets industry
Industry Median: 0.36 vs BOM:531169: 0.06

SKP Securities Debt-to-Equity Historical Data

The historical data trend for SKP 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.

SKP Securities Debt-to-Equity Chart

SKP Securities Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.01

0.04

0.10

0.08

SKP 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															0.08	N/A	0.07	N/A	-

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

For the Capital Markets subindustry, SKP 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.

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

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

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

SKP Securities Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SKP 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)	/	418.358
	=	0.00

SKP 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)	/	418.358
	=	0.00

SKP Securities (BOM:531169) 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.

SKP Securities Debt-to-Equity Related Terms

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

SKP Securities (BOM:531169) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » SKP Securities Ltd (BOM:531169) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1702-03 BioWonder, 789 Anandapur, E M Bypass, Kolkata, WB, IND, 700 107

Website

https://www.skpsecurities.com

SKP Securities Ltd provides financial service. The company is engaged in the business of providing stock broking services, depository services, distribution of mutual funds and wealth advisory services. The company's only reportable segment which is Broking and Dealing in Securities and related services. It serves Banks, Mutual Funds, Insurance Companies, Corporates and Business Houses, Charitable/Educational/Health Institutions, Non-Profit Organisations, and Others.

SKP Securities (BOM:531169) Headlines

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