Lead Financial Services (BOM:531288) Debt-to-Equity : N/A (As of Dec. 2023)

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What is Lead Financial Services Debt-to-Equity?

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

BOM:531288' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.04 Max: 0.24
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Lead Financial Services was 0.24. The lowest was 0.00. And the median was 0.04.

BOM:531288's Debt-to-Equity is ranked better than
99.77% of 430 companies
in the Credit Services industry
Industry Median: 1.185 vs BOM:531288: 0.01

Lead Financial Services Debt-to-Equity Historical Data

The historical data trend for Lead Financial Services'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.

Lead Financial Services Debt-to-Equity Chart

Lead Financial Services Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

Get a 7-Day Free Trial

0.04

0.03

0.01

Lead Financial Services 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	-	N/A

Competitive Comparison of Lead Financial Services's Debt-to-Equity

For the Credit Services subindustry, Lead Financial Services'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.

Lead Financial Services's Debt-to-Equity Distribution in the Credit Services Industry

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

* The bar in red indicates where Lead Financial Services's Debt-to-Equity falls into.

Lead Financial Services Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Lead Financial Services'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
	=	(0	+	0.703)	/	56.613
	=	0.01

Lead Financial Services'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

Lead Financial Services (BOM:531288) 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.

Lead Financial Services Debt-to-Equity Related Terms

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

Lead Financial Services (BOM:531288) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Lead Financial Services Ltd (BOM:531288) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

718/21 Joshi Road, 101, Sita Ram Mansion, Karol Bagh, New Delhi, IND, 110005

Website

http://www.leadfinancialservices.in

Lead Financial Services Ltd operates as an Indian non-banking financial company based in New Delhi. The company offers various types of loans to its customers. The company also offers financial services to its clients. It derives primary revenue from the interest income.

Lead Financial Services (BOM:531288) Headlines

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