Sahara Housingfina (BOM:511533) Debt-to-Equity : N/A (As of Dec. 2023)

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What is Sahara Housingfina Debt-to-Equity?

Sahara Housingfina's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.00 Mil. Sahara Housingfina's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.00 Mil. Sahara Housingfina'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 Sahara Housingfina's Debt-to-Equity or its related term are showing as below:

BOM:511533' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.59 Med: 1.96 Max: 4.4
Current: 0.95

During the past 13 years, the highest Debt-to-Equity Ratio of Sahara Housingfina was 4.40. The lowest was 0.59. And the median was 1.96.

BOM:511533's Debt-to-Equity is ranked worse than
63.25% of 1396 companies
in the Banks industry
Industry Median: 0.65 vs BOM:511533: 0.95

Sahara Housingfina Debt-to-Equity Historical Data

The historical data trend for Sahara Housingfina'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.

Sahara Housingfina Debt-to-Equity Chart

Sahara Housingfina Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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2.08

1.64

1.33

1.22

0.98

Sahara Housingfina 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	0.98	N/A	0.95	N/A

Competitive Comparison of Sahara Housingfina's Debt-to-Equity

For the Mortgage Finance subindustry, Sahara Housingfina'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.

Sahara Housingfina's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Sahara Housingfina's Debt-to-Equity distribution charts can be found below:

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

Sahara Housingfina Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sahara Housingfina'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	+	490.659)	/	502.841
	=	0.98

Sahara Housingfina'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

Sahara Housingfina (BOM:511533) 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.

Sahara Housingfina Debt-to-Equity Related Terms

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Sahara Housingfina (BOM:511533) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Sahara Housingfina Corp Ltd (BOM:511533) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

46, Dr. Sundari Mohan Avenue, Kolkata, WB, IND, 700014

Website

http://www.saharahousingfina.com

Sahara Housingfina Corp Ltd is an Indian company engaged in carrying out activities of housing finance companies (Housing Loans and Non-Housing Loan). Its product portfolio includes Individual Housing Loans, Home Improvement Loans, Home Extension loans, Land Loans, Home Loan Plus, Mortgage Loans, Non-Residential Property Loans, Home Loan Enhancement, and Loan Take Over / Balance Transfer. The Company is exclusively engaged in the Housing Finance business and revenues are mainly derived from this activity. The Company's main business is financing by way of loans for the purchase or construction of residential houses, commercial real estate or certain other purposes, in India.

Sahara Housingfina (BOM:511533) Headlines

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