Decillion Finance (BOM:539190) Debt-to-Equity : N/A (As of Dec. 2023)

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What is Decillion Finance Debt-to-Equity?

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

BOM:539190' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.06 Max: 0.13
Current: 0.06

During the past 9 years, the highest Debt-to-Equity Ratio of Decillion Finance was 0.13. The lowest was 0.03. And the median was 0.06.

BOM:539190's Debt-to-Equity is ranked better than
77.74% of 611 companies
in the Capital Markets industry
Industry Median: 0.36 vs BOM:539190: 0.06

Decillion Finance Debt-to-Equity Historical Data

The historical data trend for Decillion 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.

Decillion Finance Debt-to-Equity Chart

Decillion Finance Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.03

0.13

0.12

Decillion Finance 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	0.12	N/A	0.06	N/A

Competitive Comparison of Decillion Finance's Debt-to-Equity

For the Capital Markets subindustry, Decillion 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.

Decillion Finance's Debt-to-Equity Distribution in the Capital Markets Industry

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

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

Decillion Finance Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Decillion Finance'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
	=	(7.701	+	7.701)	/	123.795
	=	0.12

Decillion Finance'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

Decillion Finance (BOM:539190) 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.

Decillion Finance Debt-to-Equity Related Terms

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

Decillion Finance (BOM:539190) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Decillion Finance Ltd (BOM:539190) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Bentinck Street, Jajodia Tower, 4th Floor, Room No. D-8, Kolkata, WB, IND, 700001

Website

https://www.decillion.co.in

Decillion Finance Ltd is an Indian based non-banking financial company. It is engaged in the business of providing loans and advances, investment in shares of other companies. In addition, it is also involved in investing in shares and securities, and other financial instruments. The company receives maximum revenue from the interest income. Its segment comprises of Investments & Financing.

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