PNB Gilts (BOM:532366) Debt-to-Equity : 16.85 (As of Mar. 2024)

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What is PNB Gilts Debt-to-Equity?

PNB Gilts's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0 Mil. PNB Gilts's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹224,031 Mil. PNB Gilts's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹13,298 Mil. PNB Gilts's debt to equity for the quarter that ended in Mar. 2024 was 16.85.

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 PNB Gilts's Debt-to-Equity or its related term are showing as below:

BOM:532366' s Debt-to-Equity Range Over the Past 10 Years
Min: 3.86 Med: 8.39 Max: 16.85
Current: 16.85

During the past 13 years, the highest Debt-to-Equity Ratio of PNB Gilts was 16.85. The lowest was 3.86. And the median was 8.39.

BOM:532366's Debt-to-Equity is ranked worse than
99.18% of 611 companies
in the Capital Markets industry
Industry Median: 0.36 vs BOM:532366: 16.85

PNB Gilts Debt-to-Equity Historical Data

The historical data trend for PNB Gilts'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.

PNB Gilts Debt-to-Equity Chart

PNB Gilts Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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11.67

7.49

10.18

15.28

16.85

PNB Gilts Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															15.28	N/A	17.32	N/A	16.85

Competitive Comparison of PNB Gilts's Debt-to-Equity

For the Capital Markets subindustry, PNB Gilts'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.

PNB Gilts's Debt-to-Equity Distribution in the Capital Markets Industry

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

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

PNB Gilts Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PNB Gilts's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 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	+	224030.871)	/	13297.566
	=	16.85

PNB Gilts's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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	+	224030.871)	/	13297.566
	=	16.85

PNB Gilts (BOM:532366) 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.

PNB Gilts Debt-to-Equity Related Terms

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

PNB Gilts (BOM:532366) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » PNB Gilts Ltd (BOM:532366) » Definitions » Debt-to-Equity

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PNBGILTS:India

Address

5, Sansad Marg, New Delhi, IND, 110001

Website

https://www.pnbgilts.com

PNB Gilts Ltd is engaged in the business of dealing with government securities. The company offers Treasury-Bills/Commercial paper/ Certificates of deposit, Corporate bonds, and debentures, Government securities, Derivatives, Fixed deposits, and Mutual funds. Its primary activities include supporting government borrowing programs through the underwriting of government securities issuances and trading in a gamut of fixed-income instruments, such as government securities, treasury bills, state development loans, corporate bonds, interest rate swaps, and various money market instruments, such as certificates of deposits and commercial papers. In addition, it offers Gilts accounts.

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