Sina Finance and Credit Co (XTEH:VSIN1) Debt-to-Equity : 0.45 (As of Mar. 2014)

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What is Sina Finance and Credit Co Debt-to-Equity?

Sina Finance and Credit Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2014 was IRR0 Mil. Sina Finance and Credit Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2014 was IRR5,396,046 Mil. Sina Finance and Credit Co's Total Stockholders Equity for the quarter that ended in Mar. 2014 was IRR11,890,000 Mil. Sina Finance and Credit Co's debt to equity for the quarter that ended in Mar. 2014 was 0.45.

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 Sina Finance and Credit Co's Debt-to-Equity or its related term are showing as below:

XTEH:VSIN1's Debt-to-Equity is not ranked ^*
in the Banks industry.
Industry Median: 0.66
* Ranked among companies with meaningful Debt-to-Equity only.

Sina Finance and Credit Co Debt-to-Equity Historical Data

The historical data trend for Sina Finance and Credit Co'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.

Sina Finance and Credit Co Debt-to-Equity Chart

Sina Finance and Credit Co Annual Data

Trend

Mar12

Mar13

Mar14

Debt-to-Equity

0.48

0.45

Sina Finance and Credit Co Semi-Annual Data
	Mar12	Mar13	Mar14
Debt-to-Equity	-	0.48	0.45

Competitive Comparison of Sina Finance and Credit Co's Debt-to-Equity

For the Banks - Regional subindustry, Sina Finance and Credit Co'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.

Sina Finance and Credit Co's Debt-to-Equity Distribution in the Banks Industry

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

* The bar in red indicates where Sina Finance and Credit Co's Debt-to-Equity falls into.

Sina Finance and Credit Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sina Finance and Credit Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 2014 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	+	5396046)	/	11890000
	=	0.45

Sina Finance and Credit Co's Debt to Equity Ratio for the quarter that ended in Mar. 2014 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	+	5396046)	/	11890000
	=	0.45

Sina Finance and Credit Co (XTEH:VSIN1) 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.

Sina Finance and Credit Co Debt-to-Equity Related Terms

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Sina Finance and Credit Co (XTEH:VSIN1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Sina Finance and Credit Co (XTEH:VSIN1) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No 187 Motahari Avenue, Tehran, IRN, 1587998411

Website

http://www.sinabank.ir

Sina Finance and Credit Co is a credit and finance company. Its business activities consist of monetary, financial and credential performances as well as other activities related to various parts of the economy and giving service to real and legal persons. The company also aims at funding various production, business and service units as well as granting credit facilities to various economic sectors. Sina offers various banking services including internet banking, mobile banking, telephone banking, loans, foreign exchange and SMS banking services.

Sina Finance and Credit Co (XTEH:VSIN1) Headlines

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