SBFC Finance (BOM:543959) Debt-to-Equity : 1.44 (As of Mar. 2024)

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What is SBFC Finance Debt-to-Equity?

SBFC Finance's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹14,245 Mil. SBFC Finance's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹25,715 Mil. SBFC Finance's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹27,781 Mil. SBFC Finance's debt to equity for the quarter that ended in Mar. 2024 was 1.44.

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 SBFC Finance's Debt-to-Equity or its related term are showing as below:

BOM:543959' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.44 Med: 2.28 Max: 3.02
Current: 1.44

During the past 5 years, the highest Debt-to-Equity Ratio of SBFC Finance was 3.02. The lowest was 1.44. And the median was 2.28.

BOM:543959's Debt-to-Equity is ranked worse than
54.67% of 428 companies
in the Credit Services industry
Industry Median: 1.17 vs BOM:543959: 1.44

SBFC Finance Debt-to-Equity Historical Data

The historical data trend for SBFC 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.

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SBFC Finance Debt-to-Equity Chart

SBFC Finance Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

3.02

2.30

2.28

2.17

1.44

SBFC Finance Quarterly Data
	Mar20	Mar21	Mar22	Jun22	Dec22	Mar23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial				2.02	2.17	1.41	N/A	1.44

Competitive Comparison of SBFC Finance's Debt-to-Equity

For the Credit Services subindustry, SBFC 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.

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

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

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

SBFC Finance Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SBFC Finance'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
	=	(14245.49	+	25714.72)	/	27780.66
	=	1.44

SBFC Finance'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
	=	(14245.49	+	25714.72)	/	27780.66
	=	1.44

SBFC Finance (BOM:543959) 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.

SBFC Finance Debt-to-Equity Related Terms

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

SBFC Finance (BOM:543959) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » SBFC Finance Ltd (BOM:543959) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SBFC:India

Address

Andheri Kurla Road, Unit No. 103, 1st Floor, C&B Square, CTS No. 95A, Sangam Complex, Village Chakala, Andheri East, Mumbai, MH, IND, 400 059

Website

https://www.sbfc.com

SBFC Finance Ltd is a systemically important, non-deposit-taking non-banking finance company offering Secured MSME Loans and Loans against Gold, with a majority of its borrowers being entrepreneurs, small business owners, self-employed individuals, salaried and working-class individuals. It has developed a PhyGital model which uses technology and authentic in-person service to create loans that support the ambitions of its customers. The company engages directly with small business owners and works through loan applications together, in person, at the customer's pace. The company generates the majority of its revenue from Interest Income.

SBFC Finance (BOM:543959) Headlines

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