Suryoday Small Finance Bank (BOM:543279) Debt-to-Equity : 1.35 (As of Mar. 2024)

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What is Suryoday Small Finance Bank Debt-to-Equity?

Suryoday Small Finance Bank's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0 Mil. Suryoday Small Finance Bank's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹24,430 Mil. Suryoday Small Finance Bank's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹18,050 Mil. Suryoday Small Finance Bank's debt to equity for the quarter that ended in Mar. 2024 was 1.35.

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 Suryoday Small Finance Bank's Debt-to-Equity or its related term are showing as below:

BOM:543279' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.06 Med: 1.28 Max: 1.35
Current: 1.35

During the past 7 years, the highest Debt-to-Equity Ratio of Suryoday Small Finance Bank was 1.35. The lowest was 1.06. And the median was 1.28.

BOM:543279's Debt-to-Equity is ranked worse than
73.98% of 1391 companies
in the Banks industry
Industry Median: 0.65 vs BOM:543279: 1.35

Suryoday Small Finance Bank Debt-to-Equity Historical Data

The historical data trend for Suryoday Small Finance Bank'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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Suryoday Small Finance Bank Debt-to-Equity Chart

Suryoday Small Finance Bank Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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1.14

1.06

1.22

1.29

1.35

Suryoday Small Finance Bank Quarterly Data
	Mar18	Mar19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															1.29	1.56	1.47	1.47	1.35

Competitive Comparison of Suryoday Small Finance Bank's Debt-to-Equity

For the Banks - Regional subindustry, Suryoday Small Finance Bank'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.

Suryoday Small Finance Bank's Debt-to-Equity Distribution in the Banks Industry

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

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

Suryoday Small Finance Bank Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Suryoday Small Finance Bank'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
	=	(0	+	24429.8)	/	18049.6
	=	1.35

Suryoday Small Finance Bank'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
	=	(0	+	24429.8)	/	18049.6
	=	1.35

Suryoday Small Finance Bank (BOM:543279) 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.

Suryoday Small Finance Bank Debt-to-Equity Related Terms

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Suryoday Small Finance Bank (BOM:543279) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Suryoday Small Finance Bank Ltd (BOM:543279) » Definitions » Debt-to-Equity

Traded in Other Exchanges

SURYODAY:India

Address

Unit No. 1101, Sharda Terraces, Plot No. 65, Sector 11, CBD Belapur, Navi Mumbai, MH, IND, 400 614

Website

https://www.suryodaybank.com

Suryoday Small Finance Bank Ltd is a small finance bank. It offers credit products, digital banking, NPCI payment systems, and mobile technologies along with banking through traditional channels and a diversified asset portfolio with a focus on retail operations. The company's operating segment includes Treasury; Retail banking; Wholesale and Other banking operations. It generates maximum revenue from the Retail banking segment.

Suryoday Small Finance Bank (BOM:543279) Headlines

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