Viji Finance (NSE:VIJIFIN) Debt-to-Equity : N/A (As of Dec. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Viji Finance Debt-to-Equity?

Viji Finance's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₹0.00 Mil. Viji Finance's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₹0.00 Mil. Viji Finance's Total Stockholders Equity for the quarter that ended in Dec. 2024 was ₹0.00 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 Viji Finance's Debt-to-Equity or its related term are showing as below:

NSE:VIJIFIN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.35 Max: 0.99
Current: 0.65

During the past 13 years, the highest Debt-to-Equity Ratio of Viji Finance was 0.99. The lowest was 0.05. And the median was 0.35.

NSE:VIJIFIN's Debt-to-Equity is ranked better than
64.43% of 433 companies
in the Credit Services industry
Industry Median: 1.2 vs NSE:VIJIFIN: 0.65

Viji Finance Debt-to-Equity Historical Data

The historical data trend for Viji 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.

Viji Finance Debt-to-Equity Chart

Viji Finance Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

Get a 7-Day Free Trial

0.41

0.32

0.40

0.76

0.99

Viji Finance Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															N/A	0.99	N/A	0.65	N/A

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

For the Credit Services subindustry, Viji 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.

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

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

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

Save Embed

;

Save Embed

;

Viji Finance Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Viji 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
	=	(104.508	+	16.03)	/	121.754
	=	0.99

Viji Finance's Debt to Equity Ratio for the quarter that ended in Dec. 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	+	0)	/	0
	=	N/A

Viji Finance (NSE:VIJIFIN) 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.

Viji Finance Debt-to-Equity Related Terms

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

Viji Finance Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Viji Finance Ltd (NSE:VIJIFIN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

537820:India

Address

11/2, Jaora Compound, Usha Ganj, Indore, MP, IND, 452001

Website

https://www.vijifinance.com

Viji Finance Ltd is a non-banking finance company operating in the business segment of Finance services. It generates revenue from the Interest and Financial Commission. The company's services include Corporate Finance, Infrastructure Finance, Retail loan, and Personal Finance. It serves individuals and corporations. The firm caters to individuals and corporations by providing them with customized financial products and services that give them access to low-cost finance.

Viji Finance Headlines

No Headlines