Vani Commercials (BOM:538918) Debt-to-Equity : N/A (As of Jun. 2024)

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What is Vani Commercials Debt-to-Equity?

Vani Commercials's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ₹0.00 Mil. Vani Commercials's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ₹0.00 Mil. Vani Commercials's Total Stockholders Equity for the quarter that ended in Jun. 2024 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 Vani Commercials's Debt-to-Equity or its related term are showing as below:

BOM:538918' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.99 Max: 3.2
Current: 3

During the past 11 years, the highest Debt-to-Equity Ratio of Vani Commercials was 3.20. The lowest was 0.02. And the median was 0.99.

BOM:538918's Debt-to-Equity is ranked worse than
73.52% of 438 companies
in the Credit Services industry
Industry Median: 1.23 vs BOM:538918: 3.00

Vani Commercials Debt-to-Equity Historical Data

The historical data trend for Vani Commercials'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.

Vani Commercials Debt-to-Equity Chart

Vani Commercials Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.99

1.64

3.20

0.71

3.00

Vani Commercials Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Debt-to-Equity	Get a 7-Day Free Trial															N/A	-	N/A	3.00	N/A

Competitive Comparison of Vani Commercials's Debt-to-Equity

For the Credit Services subindustry, Vani Commercials'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.

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

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

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

Vani Commercials Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Vani Commercials'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	+	402.2)	/	134
	=	3.00

Vani Commercials's Debt to Equity Ratio for the quarter that ended in Jun. 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	+	0)	/	0
	=	N/A

Vani Commercials (BOM:538918) 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.

Vani Commercials Debt-to-Equity Related Terms

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Vani Commercials Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Vani Commercials Ltd (BOM:538918) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

162?A, Second fFloor, Sector?7, Dwarka, New Delhi, IND, 110045

Website

https://www.vanicommercials.com

Vani Commercials Ltd is an India-based non-banking finance company. Its product includes loans for the purchase of equipment and machinery, working capital loans, loans for business or capacity expansion, term loans against property, loans for the purchase of commercial property, and lease rental discounting. The company offers its lending services to Micro, Small, and Medium Enterprises. It derives key revenue from the Interest income.

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