Jhaveri Credits & Capital (BOM:531550) Debt-to-Equity : N/A (As of Dec. 2023)

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What is Jhaveri Credits & Capital Debt-to-Equity?

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

During the past 13 years, the highest Debt-to-Equity Ratio of Jhaveri Credits & Capital was 0.42. The lowest was 0.05. And the median was 0.18.

BOM:531550's Debt-to-Equity is not ranked ^*
in the Capital Markets industry.
Industry Median: 0.36
* Ranked among companies with meaningful Debt-to-Equity only.

Jhaveri Credits & Capital Debt-to-Equity Historical Data

The historical data trend for Jhaveri Credits & 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.

Jhaveri Credits & Capital Debt-to-Equity Chart

Jhaveri Credits & Capital Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.42

Jhaveri Credits & 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	-	N/A	-	N/A

Competitive Comparison of Jhaveri Credits & Capital's Debt-to-Equity

For the Capital Markets subindustry, Jhaveri Credits & 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.

Jhaveri Credits & Capital's Debt-to-Equity Distribution in the Capital Markets Industry

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

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

Jhaveri Credits & Capital Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Jhaveri Credits & 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	+	0)	/	82.884
	=	0.00

Jhaveri Credits & 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

Jhaveri Credits & Capital (BOM:531550) 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.

Jhaveri Credits & Capital Debt-to-Equity Related Terms

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

Jhaveri Credits & Capital (BOM:531550) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Jhaveri Credits & Capital Ltd (BOM:531550) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

301, Payal Tower-II, Sayajigunj, Vadodara, GJ, IND, 390020

Website

https://www.jhaveritrade.com

Jhaveri Credits & Capital Ltd operates as a stock broking houses in Gujarat. It provides broking platform on various exchanges to the clients for dealing in various Commodities traded on those exchanges in the present, spot and future dealings. Its financial and wealth management services include e-trading of the major shares in various sectors. It also offers other financial services such as Mutual funds, commodity trading, derivative trading, equity trading, and initial public offers. It operates in India.

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