Visagar Financial Services (BOM:531025) Debt-to-Equity : N/A (As of Dec. 2023)

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What is Visagar Financial Services Debt-to-Equity?

Visagar Financial Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.0 Mil. Visagar Financial Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.0 Mil. Visagar Financial Services's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹0.0 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 Visagar Financial Services's Debt-to-Equity or its related term are showing as below:

BOM:531025' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.3 Max: 1.64
Current: 0.28

During the past 13 years, the highest Debt-to-Equity Ratio of Visagar Financial Services was 1.64. The lowest was 0.05. And the median was 0.30.

BOM:531025's Debt-to-Equity is ranked better than
56.16% of 609 companies
in the Capital Markets industry
Industry Median: 0.38 vs BOM:531025: 0.28

Visagar Financial Services Debt-to-Equity Historical Data

The historical data trend for Visagar Financial Services'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.

Visagar Financial Services Debt-to-Equity Chart

Visagar Financial Services Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.30

0.11

0.20

0.27

0.48

Visagar Financial Services 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	0.48	N/A	0.28	N/A

Competitive Comparison of Visagar Financial Services's Debt-to-Equity

For the Capital Markets subindustry, Visagar Financial Services'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.

Visagar Financial Services's Debt-to-Equity Distribution in the Capital Markets Industry

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

* The bar in red indicates where Visagar Financial Services's Debt-to-Equity falls into.

Visagar Financial Services Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Visagar Financial Services'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
	=	(149.412	+	149.412)	/	618.632
	=	0.48

Visagar Financial Services'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

Visagar Financial Services (BOM:531025) 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.

Visagar Financial Services Debt-to-Equity Related Terms

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

Visagar Financial Services (BOM:531025) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Visagar Financial Services Ltd (BOM:531025) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

907-908, S.V. Road, 9th Floor, Dev Plaza, Opposite Andheri Fire Station, Andheri (West), Mumbai, MH, IND, 400 058

Website

http://www.vfsl.org

Visagar Financial Services Ltd is a non-banking financial company. The company is primarily engaged in the business of investing in securities of listed and unlisted companies. It invests in various sectors such as Financial Services, Education, Real Estate, among others. Geographically, it operates only in India. The company generates maximum revenue from the sale of shares.

Visagar Financial Services (BOM:531025) Headlines

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