Frontier Capital (BOM:508980) Debt-to-Equity : N/A (As of Dec. 2023)

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What is Frontier Capital Debt-to-Equity?

Frontier Capital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.00 Mil. Frontier Capital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.00 Mil. Frontier Capital's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹0.00 Mil.

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 Frontier Capital's Debt-to-Equity or its related term are showing as below:

BOM:508980' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.99 Med: 0.03 Max: 0.37
Current: 0.03

During the past 13 years, the highest Debt-to-Equity Ratio of Frontier Capital was 0.37. The lowest was -0.99. And the median was 0.03.

BOM:508980's Debt-to-Equity is ranked better than
94.9% of 431 companies
in the Credit Services industry
Industry Median: 1.13 vs BOM:508980: 0.03

Frontier Capital Debt-to-Equity Historical Data

The historical data trend for Frontier Capital'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.

Frontier Capital Debt-to-Equity Chart

Frontier Capital Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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-0.99

0.02

0.07

0.37

0.06

Frontier Capital Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															N/A	0.06	N/A	0.03	N/A

Competitive Comparison of Frontier Capital's Debt-to-Equity

For the Credit Services subindustry, Frontier Capital'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.

Frontier Capital's Debt-to-Equity Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Frontier Capital's Debt-to-Equity distribution charts can be found below:

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

Frontier Capital Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Frontier Capital'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
	=	(0.696	+	0.696)	/	23.447
	=	0.06

Frontier Capital's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(0	+	0)	/	0
	=	N/A

Frontier Capital (BOM:508980) 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.

Frontier Capital Debt-to-Equity Related Terms

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

Frontier Capital (BOM:508980) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Frontier Capital Ltd (BOM:508980) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dr. AB Road, Readymoney Terrace, 167, Office No. 7, 2nd Floor, Worli, Mumbai, MH, IND, 400018

Website

https://www.frontiercapital.in

Frontier Capital Ltd is an India-based non-deposit accepting asset finance and non-banking financial company. Principally, it is engaged in the business of financing of heavy commercial vehicles and construction equipment, hire purchase, inventory finance, bill discounting, channel finance, corporate funding, factoring, and related insurance services. It operates in India.

Frontier Capital (BOM:508980) Headlines

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