Paisalo Digital (BOM:532900) Debt-to-Equity : 2.00 (As of Mar. 2024)

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What is Paisalo Digital Debt-to-Equity?

Paisalo Digital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0 Mil. Paisalo Digital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹26,554 Mil. Paisalo Digital's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹13,294 Mil. Paisalo Digital's debt to equity for the quarter that ended in Mar. 2024 was 2.00.

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 Paisalo Digital's Debt-to-Equity or its related term are showing as below:

BOM:532900' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.77 Med: 1.63 Max: 2
Current: 2

During the past 13 years, the highest Debt-to-Equity Ratio of Paisalo Digital was 2.00. The lowest was 0.77. And the median was 1.63.

BOM:532900's Debt-to-Equity is ranked worse than
63.49% of 430 companies
in the Credit Services industry
Industry Median: 1.185 vs BOM:532900: 2.00

Paisalo Digital Debt-to-Equity Historical Data

The historical data trend for Paisalo Digital'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.

Paisalo Digital Debt-to-Equity Chart

Paisalo Digital Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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1.62

1.53

1.64

1.82

2.00

Paisalo Digital Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															1.82	N/A	1.78	N/A	2.00

Competitive Comparison of Paisalo Digital's Debt-to-Equity

For the Credit Services subindustry, Paisalo Digital'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.

Paisalo Digital's Debt-to-Equity Distribution in the Credit Services Industry

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

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

Paisalo Digital Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Paisalo Digital's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 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	+	26553.969)	/	13294.166
	=	2.00

Paisalo Digital's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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	+	26553.969)	/	13294.166
	=	2.00

Paisalo Digital (BOM:532900) 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.

Paisalo Digital Debt-to-Equity Related Terms

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Paisalo Digital (BOM:532900) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Paisalo Digital Ltd (BOM:532900) » Definitions » Debt-to-Equity

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PAISALO:India

Address

Paisalo House, 74, NH-2, Gandhi Nagar, Agra, UP, IND, 282003

Website

http://www.paisalo.in

Paisalo Digital Ltd is an India based systemically important non deposit taking non-banking finance company engaged in providing loans. The product portfolio consists of business loans, loans for small and medium enterprises, income generation loans, and easy EMI finance scheme. It lends to individuals, SSIs, SMEs and other manufacturing, trading and service sector entities, among others.

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