SPS Finquest (BOM:538402) Debt-to-Equity : N/A (As of Dec. 2023)

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What is SPS Finquest Debt-to-Equity?

SPS Finquest's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.00 Mil. SPS Finquest's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.00 Mil. SPS Finquest's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹0.00 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 SPS Finquest's Debt-to-Equity or its related term are showing as below:

BOM:538402' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 0.67 Max: 16.52
Current: 0.28

During the past 10 years, the highest Debt-to-Equity Ratio of SPS Finquest was 16.52. The lowest was 0.07. And the median was 0.67.

BOM:538402's Debt-to-Equity is ranked better than
76.85% of 432 companies
in the Credit Services industry
Industry Median: 1.13 vs BOM:538402: 0.28

SPS Finquest Debt-to-Equity Historical Data

The historical data trend for SPS Finquest'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.

SPS Finquest Debt-to-Equity Chart

SPS Finquest Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.13

1.63

0.82

1.07

0.88

SPS Finquest Quarterly Data
	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	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	0.88	N/A	0.28	N/A

Competitive Comparison of SPS Finquest's Debt-to-Equity

For the Credit Services subindustry, SPS Finquest'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.

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

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

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

SPS Finquest Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SPS Finquest's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 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
	=	(250.983	+	250.983)	/	569.53
	=	0.88

SPS Finquest's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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	+	0)	/	0
	=	N/A

SPS Finquest (BOM:538402) 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.

SPS Finquest Debt-to-Equity Related Terms

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

SPS Finquest (BOM:538402) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » SPS Finquest Ltd (BOM:538402) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

B.S.Marg, R-514, 5th Floor, Rotunda Building, Fort, Mumbai, MH, IND, 400001

Website

https://www.spsfinquest.co.in

SPS Finquest Ltd is an Indian non-banking finance company that is mainly engaged in stock financing and providing inter-corporate loans. It has operations in the field of Stockbroking, Depository participation, Margin Funding Facility, Working Capital Facility, and Loan Against Shares. Geographically, it operates in India.

SPS Finquest (BOM:538402) Headlines

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