Kinetic Trust (BOM:531274) Debt-to-Equity : 0.76 (As of Dec. 2023)

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What is Kinetic Trust Debt-to-Equity?

Kinetic Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.00 Mil. Kinetic Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹27.45 Mil. Kinetic Trust's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹36.30 Mil. Kinetic Trust's debt to equity for the quarter that ended in Dec. 2023 was 0.76.

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 Kinetic Trust's Debt-to-Equity or its related term are showing as below:

BOM:531274' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.01 Max: 0.76
Current: 0.76

During the past 13 years, the highest Debt-to-Equity Ratio of Kinetic Trust was 0.76. The lowest was 0.01. And the median was 0.01.

BOM:531274's Debt-to-Equity is ranked worse than
67.27% of 611 companies
in the Capital Markets industry
Industry Median: 0.36 vs BOM:531274: 0.76

Kinetic Trust Debt-to-Equity Historical Data

The historical data trend for Kinetic Trust'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.

Kinetic Trust Debt-to-Equity Chart

Kinetic Trust Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.01

Kinetic Trust 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															0.36	-	-	0.58	0.76

Competitive Comparison of Kinetic Trust's Debt-to-Equity

For the Capital Markets subindustry, Kinetic Trust'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.

Kinetic Trust's Debt-to-Equity Distribution in the Capital Markets Industry

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

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

Kinetic Trust Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kinetic Trust'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	+	0)	/	37.488
	=	0.00

Kinetic Trust'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	+	27.45)	/	36.299
	=	0.76

Kinetic Trust (BOM:531274) 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.

Kinetic Trust Debt-to-Equity Related Terms

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Kinetic Trust (BOM:531274) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Kinetic Trust Ltd (BOM:531274) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

16 Rajendra Place, 1406, Vikram Tower, New Delhi, IND, 110008

Website

https://www.ktl.co.in

Kinetic Trust Ltd is an India-based company engaged in the business of investing in capital markets and provision of advisory services. The company offers various services such as project financing, project consultancy services, financial restructuring, investment in shares and securities, business process restructuring and corporate consulting and advisory services.

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