Singer Finance Lanka (COL:SFIN.N0000) Debt-to-Equity : 0.00 (As of . 20)

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What is Singer Finance Lanka Debt-to-Equity?

Singer Finance Lanka's Short-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was රු0.00 Mil. Singer Finance Lanka's Long-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was රු0.00 Mil. Singer Finance Lanka's Total Stockholders Equity for the quarter that ended in . 20 was රු0.00 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 Singer Finance Lanka's Debt-to-Equity or its related term are showing as below:

COL:SFIN.N0000's Debt-to-Equity is not ranked ^*
in the Credit Services industry.
Industry Median: 1.18
* Ranked among companies with meaningful Debt-to-Equity only.

Singer Finance Lanka Debt-to-Equity Historical Data

The historical data trend for Singer Finance Lanka'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.

Singer Finance Lanka Debt-to-Equity Chart

Singer Finance Lanka Annual Data

Trend

Debt-to-Equity

Singer Finance Lanka Quarterly Data

Debt-to-Equity

Competitive Comparison of Singer Finance Lanka's Debt-to-Equity

For the Credit Services subindustry, Singer Finance Lanka'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.

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

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

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

Singer Finance Lanka Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Singer Finance Lanka's Debt to Equity Ratio for the fiscal year that ended in . 20 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
	=	(	+	)	/	N/A
	=	N/A

Singer Finance Lanka's Debt to Equity Ratio for the quarter that ended in . 20 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
	=	(	+	)	/
	=	N/A

Singer Finance Lanka (COL:SFIN.N0000) 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.

Singer Finance Lanka Debt-to-Equity Related Terms

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Singer Finance Lanka (COL:SFIN.N0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Singer Finance Lanka PLC (COL:SFIN.N0000) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 498, R.A. De Mel Mawatha, Colombo, LKA, 03

Website

https://www.singerfinance.com

Singer Finance Lanka PLC operates as a finance leasing company. Its activities consist of finance leasing. gold loans, financing of consumer durables under loan schemes and granting loans, factoring, authorized foreign currency dealers, and mobilizing fixed deposits and savings deposits.. The company's segment includes Finance Leases; Loans and Advances; and Others. It generates maximum revenue from the Loan and Advances segment.

Singer Finance Lanka (COL:SFIN.N0000) Headlines

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