Fusion Finance (NSE:FUSION) Debt-to-Equity: N/A (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:FUSION Fusion Finance Ltd NSE:FUSION
64 GF Score
Price ₹198.55
GF Value ₹133.39
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Fusion Finance Debt-to-Equity?

Fusion Finance's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹0 Mil. Fusion Finance's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹0 Mil. Fusion Finance's Total Stockholders Equity for the quarter that ended in Jun. 2026 was ₹0 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 Fusion Finance's Debt-to-Equity or its related term are showing as below:

NSE:FUSION' s Debt-to-Equity Range Over the Past 10 Years
Min: 2.27   Med: 3.03   Max: 4.32
Current: 2.27

During the past 7 years, the highest Debt-to-Equity Ratio of Fusion Finance was 4.32. The lowest was 2.27. And the median was 3.03.

NSE:FUSION's Debt-to-Equity is ranked worse than
65.42% of 454 companies
in the Credit Services industry
Industry Median: 1.195 vs NSE:FUSION: 2.27

Fusion Finance  (NSE:FUSION) 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.

Fusion Finance Debt-to-Equity Related Terms

Fusion Finance Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Fusion 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.

Fusion Finance Debt-to-Equity Chart

Fusion Finance Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Equity
Get a 7-Day Free Trial 4.32 2.92 3.03 3.90 2.27

Fusion Finance Quarterly Data
Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A 2.57 N/A 2.27 N/A

NSE:FUSION vs V, MA, AXP: Debt-to-Equity Comparison

For the Credit Services subindustry, Fusion 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.

Fusion Finance Debt-to-Equity vs Credit Services Industry

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

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


NSE:FUSION
64GF Score
Fusion Finance Ltd NSE:FUSION
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fusion Finance Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Fusion Finance's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 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
=(32546.9 + 23160.7) / 24559.3
=2.27

Fusion Finance's Debt to Equity Ratio for the quarter that ended in Jun. 2026 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

* 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.

Is Fusion Finance (NSE:FUSION) Overvalued in 2026?

Based on GuruFocus' analysis, Fusion Finance stock appears to be overvalued. The current stock price of ₹198.55 is trading 48.8% above its estimated GF Value™ of ₹133.39. GuruFocus considers Fusion Finance to be Significantly Overvalued.

Key valuation signals for NSE:FUSION:

  • Debt-to-Equity: N/A
  • GF Value™: ₹133.39 vs. price of ₹198.55 (48.8% above fair value)
  • GF Score™: 64/100 with 7 warning signs

No single metric tells the full story. See the NSE:FUSION stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Fusion Finance Business Description

Other Exchanges 543652:India
Address Plot No. 86, Institutional Sector - 32, Gurugram, HR, IND, 122001
Fusion Finance Ltd is engaged in microfinance lending activities, providing financial services to poor women in India who are organized as Joint Liability Groups (JLGs). Apart from microfinance lending, the company also has lending to MSME enterprises. It uses its distribution channel to provide other financial products and services to the members related to providing of loans to the members for the purchase of certain productivity-enhancing products such as mobile handsets, and bicycles.
64GF Score

Get the complete analysis for NSE:FUSION

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹198.55
Price
₹133.39
GF Value