Sailani Tours N Travels (BOM:543541) Debt-to-Equity : 0.17 (As of Sep. 2023)

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What is Sailani Tours N Travels Debt-to-Equity?

Sailani Tours N Travels's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹12.5 Mil. Sailani Tours N Travels's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹0.0 Mil. Sailani Tours N Travels's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹71.6 Mil. Sailani Tours N Travels's debt to equity for the quarter that ended in Sep. 2023 was 0.17.

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 Sailani Tours N Travels's Debt-to-Equity or its related term are showing as below:

BOM:543541' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.89 Max: 2.88
Current: 0.17

During the past 4 years, the highest Debt-to-Equity Ratio of Sailani Tours N Travels was 2.88. The lowest was 0.02. And the median was 0.89.

BOM:543541's Debt-to-Equity is ranked better than
74.96% of 695 companies
in the Travel & Leisure industry
Industry Median: 0.46 vs BOM:543541: 0.17

Sailani Tours N Travels Debt-to-Equity Historical Data

The historical data trend for Sailani Tours N Travels'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.

Sailani Tours N Travels Debt-to-Equity Chart

Sailani Tours N Travels Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

2.88

1.60

1.80

0.10

Sailani Tours N Travels Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial			1.60	1.80	0.02	0.10	0.17

Competitive Comparison of Sailani Tours N Travels's Debt-to-Equity

For the Travel Services subindustry, Sailani Tours N Travels'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.

Sailani Tours N Travels's Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Sailani Tours N Travels's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Sailani Tours N Travels's Debt-to-Equity falls into.

Sailani Tours N Travels Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sailani Tours N Travels's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 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
	=	(7.057	+	0)	/	69.502
	=	0.10

Sailani Tours N Travels's Debt to Equity Ratio for the quarter that ended in Sep. 2023 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
	=	(12.462	+	0)	/	71.567
	=	0.17

Sailani Tours N Travels (BOM:543541) 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.

Sailani Tours N Travels Debt-to-Equity Related Terms

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Sailani Tours N Travels (BOM:543541) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Sailani Tours N Travels Ltd (BOM:543541) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

AD-62, Sector 1, Ground Floor, Salt Lake City, Bhidannagar, Kolkata, WB, IND, 700064

Website

https://www.sailanitours.com

Sailani Tours n Travels Ltd operates as a travel company catering to the overall travel needs of Indian and International travelers in the state of Kolkata. Its business is categorized as Leisure Travel, Corporate Travel, Forex, and Visa Processing. It designs travel packages for both individuals and groups for their domestic and international leisure travel. The company provides end-to-end travel solutions including land, air, and cruise bookings, hotel bookings, in-transit arrangements, local sightseeing, visa, passport and medical insurance assistance, and other destination management services. It also provides travel-related foreign exchange & payment solutions.

Sailani Tours N Travels (BOM:543541) Headlines

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