PB Fintech (BOM:543390) Debt-to-Equity : 0.04 (As of Mar. 2024)

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What is PB Fintech Debt-to-Equity?

PB Fintech's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹393 Mil. PB Fintech's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹2,141 Mil. PB Fintech's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹58,710 Mil. PB Fintech's debt to equity for the quarter that ended in Mar. 2024 was 0.04.

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 PB Fintech's Debt-to-Equity or its related term are showing as below:

BOM:543390' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.05 Max: 0.18
Current: 0.04

During the past 6 years, the highest Debt-to-Equity Ratio of PB Fintech was 0.18. The lowest was 0.03. And the median was 0.05.

BOM:543390's Debt-to-Equity is ranked better than
82.12% of 386 companies
in the Insurance industry
Industry Median: 0.24 vs BOM:543390: 0.04

PB Fintech Debt-to-Equity Historical Data

The historical data trend for PB Fintech'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.

PB Fintech Debt-to-Equity Chart

PB Fintech Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.09

0.06

0.03

0.04

PB Fintech Quarterly Data
	Mar19	Mar20	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial												0.04	N/A	0.05	N/A	0.04

Competitive Comparison of PB Fintech's Debt-to-Equity

For the Insurance Brokers subindustry, PB Fintech'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.

PB Fintech's Debt-to-Equity Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, PB Fintech's Debt-to-Equity distribution charts can be found below:

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

PB Fintech Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PB Fintech'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
	=	(392.5	+	2140.8)	/	58710.3
	=	0.04

PB Fintech'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
	=	(392.5	+	2140.8)	/	58710.3
	=	0.04

PB Fintech (BOM:543390) 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.

PB Fintech Debt-to-Equity Related Terms

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

PB Fintech (BOM:543390) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » PB Fintech Ltd (BOM:543390) » Definitions » Debt-to-Equity

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POLICYBZR:India

Address

Plot No. 119, Sector 44, Gurgaon, HR, IND, 122 001

Website

https://www.pbfintech.in

PB Fintech Ltd is an online platform for insurance and lending products. The company provides convenient access to insurance, credit, and other financial products and aims to create awareness in India about the financial impact of death, disease, and damage. The group earns its entire revenue within India only. The company has two operating segments Insurance services segment and the Other services segment. The company generates the majority of its revenue from the Other services segment, which consists of online marketing, consulting and support services provided largely to the financial service industry. The Insurance services segment consists of Insurance Broker services provided by the Group.

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