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Dhani Services (BOM:532960) Debt-to-Equity : N/A (As of Dec. 2023)


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What is Dhani Services Debt-to-Equity?

Dhani Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Dhani Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Dhani Services's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹0 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 Dhani Services's Debt-to-Equity or its related term are showing as below:

BOM:532960' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.23   Med: 1.25   Max: 6.34
Current: 0.23

During the past 13 years, the highest Debt-to-Equity Ratio of Dhani Services was 6.34. The lowest was 0.23. And the median was 1.25.

BOM:532960's Debt-to-Equity is ranked better than
79.03% of 434 companies
in the Credit Services industry
Industry Median: 1.18 vs BOM:532960: 0.23

Dhani Services Debt-to-Equity Historical Data

The historical data trend for Dhani 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.

Dhani Services Debt-to-Equity Chart

Dhani Services Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.35 1.10 0.72 0.49 0.27

Dhani 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 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 N/A 0.27 N/A 0.23 N/A

Competitive Comparison of Dhani Services's Debt-to-Equity

For the Credit Services subindustry, Dhani 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.


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

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

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



Dhani Services Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Dhani Services's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Dhani Services'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.


Dhani Services  (BOM:532960) 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.


Dhani Services Debt-to-Equity Related Terms

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


Dhani Services (BOM:532960) Business Description

Traded in Other Exchanges
Address
4th Floor, S. B. Marg, One International Centre, Tower 1, Elphinstone (West), Mumbai, MH, IND, 400013
Dhani Services Ltd is a capital market company providing securities and derivative broking services. It is registered with SEBI as a Stock Broker, a Depository Participant, a Research Analyst, and a Merchant Banker in Category I. The company's products include Equity Trading, Derivative Trading, Commodity Trading, Currency Trading, and IPO. It is also engaged in Credit Line, Online Pharmacy, Payments services.

Dhani Services (BOM:532960) Headlines

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