Winny Immigration and Education Services (NSE:WINNY) Debt-to-Equity : 0.90 (As of Mar. 2024)

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What is Winny Immigration and Education Services Debt-to-Equity?

Winny Immigration and Education Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹18.0 Mil. Winny Immigration and Education Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹2.7 Mil. Winny Immigration and Education Services's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹23.1 Mil. Winny Immigration and Education Services's debt to equity for the quarter that ended in Mar. 2024 was 0.90.

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 Winny Immigration and Education Services's Debt-to-Equity or its related term are showing as below:

NSE:WINNY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.9 Med: 1.21 Max: 2.74
Current: 0.9

During the past 3 years, the highest Debt-to-Equity Ratio of Winny Immigration and Education Services was 2.74. The lowest was 0.90. And the median was 1.21.

NSE:WINNY's Debt-to-Equity is ranked worse than
71.52% of 913 companies
in the Business Services industry
Industry Median: 0.37 vs NSE:WINNY: 0.90

Winny Immigration and Education Services Debt-to-Equity Historical Data

The historical data trend for Winny Immigration and Education Services'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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Winny Immigration and Education Services Debt-to-Equity Chart

Winny Immigration and Education Services Annual Data

Trend

Mar22

Mar23

Mar24

Debt-to-Equity

2.74

1.21

0.90

Winny Immigration and Education Services Semi-Annual Data
	Mar22	Mar23	Mar24
Debt-to-Equity	2.74	1.21	0.90

Competitive Comparison of Winny Immigration and Education Services's Debt-to-Equity

For the Consulting Services subindustry, Winny Immigration and Education Services'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.

Winny Immigration and Education Services's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Winny Immigration and Education Services's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Winny Immigration and Education Services's Debt-to-Equity falls into.

Winny Immigration and Education Services Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Winny Immigration and Education Services'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
	=	(17.98	+	2.704)	/	23.072
	=	0.90

Winny Immigration and Education Services'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
	=	(17.98	+	2.704)	/	23.072
	=	0.90

Winny Immigration and Education Services (NSE:WINNY) 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.

Winny Immigration and Education Services Debt-to-Equity Related Terms

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Winny Immigration and Education Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Winny Immigration and Education Services Ltd (NSE:WINNY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

C.G. Road, 103, 104, 1st Floor, ATP Arcade, Near National Handloom House, Above Mr Bean's Coffee Shop, Law Garden, Ahmedabad, GJ, IND, 380006

Website

https://www.winnyimmigration.com

Winny Immigration and Education Services Ltd is mainly engaged in the business of providing services relating to immigration, visa, coaching, etc. The services offered by the company include training for visa interviews, travel assistance, preparation of visa applications, training in different languages, admissions to foreign universities, settlement and support, and documentation related to visa applications among others.

Winny Immigration and Education Services Headlines

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