Gujarat Lease Financing (NSE:GLFL) Debt-to-Equity : N/A (As of Dec. 2023)

Gujarat Lease Financing Debt-to-Equity Chart

Gujarat Lease Financing Annual Data
	Trend	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23
Debt-to-Equity		Get a 7-Day Free Trial					-2.41	-1.49	-2.30	-2.26	-2.36

Gujarat Lease Financing 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	-2.36	N/A	-2.32	N/A

Competitive Comparison of Gujarat Lease Financing's Debt-to-Equity

For the Shell Companies subindustry, Gujarat Lease Financing'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.

Gujarat Lease Financing's Debt-to-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Gujarat Lease Financing's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Gujarat Lease Financing's Debt-to-Equity falls into.

Gujarat Lease Financing Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Gujarat Lease Financing's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Gujarat Lease Financing's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.

Gujarat Lease Financing  (NSE:GLFL) 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.

Gujarat Lease Financing Debt-to-Equity Related Terms

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Gujarat Lease Financing (NSE:GLFL) Business Description