SRG Housing Finance (NSE:SRGHFL) Debt-to-Equity : 2.68 (As of Sep. 2024)

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What is SRG Housing Finance Debt-to-Equity?

SRG Housing Finance's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹0 Mil. SRG Housing Finance's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹5,420 Mil. SRG Housing Finance's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₹2,021 Mil. SRG Housing Finance's debt to equity for the quarter that ended in Sep. 2024 was 2.68.

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

NSE:SRGHFL' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.69 Med: 2.94 Max: 4.5
Current: 2.68

During the past 13 years, the highest Debt-to-Equity Ratio of SRG Housing Finance was 4.50. The lowest was 1.69. And the median was 2.94.

NSE:SRGHFL's Debt-to-Equity is ranked worse than
90.55% of 1449 companies
in the Banks industry
Industry Median: 0.63 vs NSE:SRGHFL: 2.68

SRG Housing Finance Debt-to-Equity Historical Data

The historical data trend for SRG Housing 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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SRG Housing Finance Debt-to-Equity Chart

SRG Housing Finance Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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3.32

3.07

3.02

2.76

3.16

SRG Housing Finance Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															3.10	N/A	3.16	N/A	2.68

Competitive Comparison of SRG Housing Finance's Debt-to-Equity

For the Mortgage Finance subindustry, SRG Housing 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.

SRG Housing Finance's Debt-to-Equity Distribution in the Banks Industry

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

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

SRG Housing Finance Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SRG Housing 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
	=	(1155.1	+	3886.003)	/	1596.683
	=	3.16

SRG Housing Finance's Debt to Equity Ratio for the quarter that ended in Sep. 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	+	5419.881)	/	2021.214
	=	2.68

SRG Housing Finance (NSE:SRGHFL) 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.

SRG Housing Finance Debt-to-Equity Related Terms

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SRG Housing Finance Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » SRG Housing Finance Ltd (NSE:SRGHFL) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

534680:India

Address

No. 12, Opposite Paras JK Hospital, Shobhagpura, Udaipur, RJ, IND, 313001

Website

https://www.srghousing.com

SRG Housing Finance Ltd is an India-based housing finance company. The company is principally engaged in the housing and mortgage finance business. The company offers home loans for construction, additions, alterations, and repair and renovation purposes. The products and services offered by the company include individual home loans; loans against the property; and builder/project loans. Geographically, it operates within the regions of India.

SRG Housing Finance Headlines

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