Five-Star Business Finance (NSE:FIVESTAR) Debt-to-Equity : 1.22 (As of Mar. 2024)

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What is Five-Star Business Finance Debt-to-Equity?

Five-Star Business Finance's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0 Mil. Five-Star Business Finance's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹63,158 Mil. Five-Star Business Finance's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹51,962 Mil. Five-Star Business Finance's debt to equity for the quarter that ended in Mar. 2024 was 1.22.

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

NSE:FIVESTAR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.69 Med: 1.22 Max: 1.48
Current: 1.22

During the past 5 years, the highest Debt-to-Equity Ratio of Five-Star Business Finance was 1.48. The lowest was 0.69. And the median was 1.22.

NSE:FIVESTAR's Debt-to-Equity is ranked worse than
51.28% of 431 companies
in the Credit Services industry
Industry Median: 1.13 vs NSE:FIVESTAR: 1.22

Five-Star Business Finance Debt-to-Equity Historical Data

The historical data trend for Five-Star 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.

Five-Star Business Finance Debt-to-Equity Chart

Five-Star Business Finance Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

1.22

1.48

0.69

0.98

1.22

Five-Star Business Finance Quarterly Data
	Mar20	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial								0.98	N/A	1.02	N/A	1.22

Competitive Comparison of Five-Star Business Finance's Debt-to-Equity

For the Credit Services subindustry, Five-Star 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.

Five-Star Business Finance's Debt-to-Equity Distribution in the Credit Services Industry

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

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

Five-Star Business Finance Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Five-Star Business 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
	=	(0	+	63158.451)	/	51961.547
	=	1.22

Five-Star Business 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
	=	(0	+	63158.451)	/	51961.547
	=	1.22

Five-Star Business Finance (NSE:FIVESTAR) 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.

Five-Star Business Finance Debt-to-Equity Related Terms

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

Five-Star Business Finance (NSE:FIVESTAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Five-Star Business Finance Ltd (NSE:FIVESTAR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

543663:India

Address

New No. 27, Old No. 4, Taylor's Road, Kilpauk, Chennai, TN, IND, 600 010

Website

https://www.fivestargroup.in

Five-Star Business Finance Ltd provides secured loans to micro-entrepreneurs and self-employed individuals for business purposes, as well as for asset creation such as home renovation or improvement, or for meeting expenses for significant economic events such as marriage, healthcare and education.

Five-Star Business Finance (NSE:FIVESTAR) Headlines

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