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Goenka Business & Finance (BOM:538787) Debt-to-Equity : 0.00 (As of Mar. 2024)


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What is Goenka Business & Finance Debt-to-Equity?

Goenka Business & Finance's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0.0 Mil. Goenka Business & Finance's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0.0 Mil. Goenka Business & Finance's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹314.6 Mil. Goenka Business & Finance's debt to equity for the quarter that ended in Mar. 2024 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 Goenka Business & Finance's Debt-to-Equity or its related term are showing as below:

During the past 10 years, the highest Debt-to-Equity Ratio of Goenka Business & Finance was 0.35. The lowest was 0.35. And the median was 0.35.

BOM:538787's Debt-to-Equity is not ranked *
in the Capital Markets industry.
Industry Median: 0.355
* Ranked among companies with meaningful Debt-to-Equity only.

Goenka Business & Finance Debt-to-Equity Historical Data

The historical data trend for Goenka Business & 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.

Goenka Business & Finance Debt-to-Equity Chart

Goenka Business & Finance Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Equity
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Goenka Business & Finance Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Goenka Business & Finance's Debt-to-Equity

For the Capital Markets subindustry, Goenka Business & 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.


Goenka Business & Finance's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Goenka Business & Finance's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Goenka Business & Finance's Debt-to-Equity falls into.



Goenka Business & Finance Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Goenka Business & Finance's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Goenka Business & Finance's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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.


Goenka Business & Finance  (BOM:538787) 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.


Goenka Business & Finance Debt-to-Equity Related Terms

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


Goenka Business & Finance (BOM:538787) Business Description

Traded in Other Exchanges
N/A
Address
Office no.9, Shivranjani Cross road, Sadguru Complex, 4th Floor, Satellite, Ahmedabad, GJ, IND, 380015
Goenka Business & Finance Ltd is an India-based non-banking financial company. The company is engaged in providing secured and unsecured financial loans. The Company invests in buy, sell, transfer, hypothecate, deal in and dispose of any shares, stocks debentures, debenture stock, securities, properties of any other Company including securities of any Government, Local Authority, bonds, and certificates.

Goenka Business & Finance (BOM:538787) Headlines

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