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Algoquant Fintech (BOM:505725) Debt-to-Equity : 0.68 (As of Sep. 2024)


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What is Algoquant Fintech Debt-to-Equity?

Algoquant Fintech's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹287.2 Mil. Algoquant Fintech's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹33.4 Mil. Algoquant Fintech's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₹469.3 Mil. Algoquant Fintech's debt to equity for the quarter that ended in Sep. 2024 was 0.68.

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 Algoquant Fintech's Debt-to-Equity or its related term are showing as below:

BOM:505725' s Debt-to-Equity Range Over the Past 10 Years
Min: -58.96   Med: 0.03   Max: 13.81
Current: 0.68

During the past 13 years, the highest Debt-to-Equity Ratio of Algoquant Fintech was 13.81. The lowest was -58.96. And the median was 0.03.

BOM:505725's Debt-to-Equity is ranked worse than
64.99% of 597 companies
in the Capital Markets industry
Industry Median: 0.3 vs BOM:505725: 0.68

Algoquant Fintech Debt-to-Equity Historical Data

The historical data trend for Algoquant Fintech'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.

Algoquant Fintech Debt-to-Equity Chart

Algoquant Fintech Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.89 0.54

Algoquant Fintech Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.70 N/A 0.54 N/A 0.68

Competitive Comparison of Algoquant Fintech's Debt-to-Equity

For the Capital Markets subindustry, Algoquant Fintech'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.


Algoquant Fintech's Debt-to-Equity Distribution in the Capital Markets Industry

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

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



Algoquant Fintech Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Algoquant Fintech's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Algoquant Fintech's Debt to Equity Ratio for the quarter that ended in Sep. 2024 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.


Algoquant Fintech  (BOM:505725) 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.


Algoquant Fintech Debt-to-Equity Related Terms

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


Algoquant Fintech Business Description

Traded in Other Exchanges
N/A
Address
Asaf Ali Road, 4/11, First Floor, New Delhi, IND, 110002
Algoquant Fintech Ltd is a technology-driven Trading Firm. It offers a business of completely hedged derivatives arbitrage with a high focus on technology development and innovation. The main object of the company is inter alia to carry on business activities of trading in securities/financial instruments.

Algoquant Fintech Headlines

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