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Vax Housing Finance (BOM:531650) Debt-to-Equity : 0.00 (As of Sep. 2022)


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What is Vax Housing Finance Debt-to-Equity?

Vax Housing Finance's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was ₹0.00 Mil. Vax Housing Finance's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was ₹0.00 Mil. Vax Housing Finance's Total Stockholders Equity for the quarter that ended in Sep. 2022 was ₹427.39 Mil. Vax Housing Finance's debt to equity for the quarter that ended in Sep. 2022 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 Vax Housing Finance's Debt-to-Equity or its related term are showing as below:

BOM:531650's Debt-to-Equity is not ranked *
in the Credit Services industry.
Industry Median: 1.13
* Ranked among companies with meaningful Debt-to-Equity only.

Vax Housing Finance Debt-to-Equity Historical Data

The historical data trend for Vax Housing 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.

Vax Housing Finance Debt-to-Equity Chart

Vax Housing Finance Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Debt-to-Equity
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Vax Housing Finance Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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Competitive Comparison of Vax Housing Finance's Debt-to-Equity

For the Credit Services subindustry, Vax Housing 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.


Vax Housing Finance's Debt-to-Equity Distribution in the Credit Services Industry

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

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



Vax Housing Finance Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Vax Housing Finance's Debt to Equity Ratio for the fiscal year that ended in Mar. 2022 is calculated as

Vax Housing Finance's Debt to Equity Ratio for the quarter that ended in Sep. 2022 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.


Vax Housing Finance  (BOM:531650) 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.


Vax Housing Finance Debt-to-Equity Related Terms

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


Vax Housing Finance (BOM:531650) Business Description

Traded in Other Exchanges
N/A
Address
301, Simandhar Estate, Near Sakar 3, Income Tax, Ahmedabad, GJ, IND, 380009
Vax Housing Finance Corp Ltd is engaged in credit services. The firm generates its revenue in the form of interest.

Vax Housing Finance (BOM:531650) Headlines

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