Niyogin Fintech (BOM:538772) Debt-to-Equity : 0.19 (As of Mar. 2024)

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What is Niyogin Fintech Debt-to-Equity?

Niyogin Fintech's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0 Mil. Niyogin Fintech's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹539 Mil. Niyogin Fintech's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹2,813 Mil. Niyogin Fintech's debt to equity for the quarter that ended in Mar. 2024 was 0.19.

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

BOM:538772' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0 Max: 0.88
Current: 0.19

During the past 11 years, the highest Debt-to-Equity Ratio of Niyogin Fintech was 0.88. The lowest was 0.00. And the median was 0.00.

BOM:538772's Debt-to-Equity is ranked better than
81.44% of 431 companies
in the Credit Services industry
Industry Median: 1.13 vs BOM:538772: 0.19

Niyogin Fintech Debt-to-Equity Historical Data

The historical data trend for Niyogin 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.

Niyogin Fintech Debt-to-Equity Chart

Niyogin Fintech Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.19

Niyogin Fintech 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															-	N/A	0.04	N/A	0.19

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

For the Credit Services subindustry, Niyogin 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.

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

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

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

Niyogin Fintech Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Niyogin Fintech'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	+	539.191)	/	2812.533
	=	0.19

Niyogin Fintech'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	+	539.191)	/	2812.533
	=	0.19

Niyogin Fintech (BOM:538772) 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.

Niyogin Fintech Debt-to-Equity Related Terms

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Niyogin Fintech (BOM:538772) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Niyogin Fintech Ltd (BOM:538772) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kirol Road, 311/312, 3rd Floor, Neelkanth Corporate IT Park, Vidyavihar (West), Mumbai, MH, IND, 400086

Website

https://www.niyogin.com

Niyogin Fintech Ltd is an Indian non-banking finance company. It is engaged in providing lending facilities and credit services to small and medium business. Geographically, it operates only in India. The company generates its revenue in the form of interest income, processing fees, Bounce charges, and other finance charges.

Niyogin Fintech (BOM:538772) Headlines

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