Star Housing Finance (BOM:539017) Debt-to-Equity : N/A (As of Dec. 2023)

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What is Star Housing Finance Debt-to-Equity?

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

BOM:539017' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08 Med: 0.96 Max: 1.99
Current: 1.99

During the past 10 years, the highest Debt-to-Equity Ratio of Star Housing Finance was 1.99. The lowest was 0.08. And the median was 0.96.

BOM:539017's Debt-to-Equity is ranked worse than
83.62% of 1392 companies
in the Banks industry
Industry Median: 0.665 vs BOM:539017: 1.99

Star Housing Finance Debt-to-Equity Historical Data

The historical data trend for Star Housing Finance'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.

Star Housing Finance Debt-to-Equity Chart

Star Housing Finance Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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1.37

0.72

1.61

1.22

1.53

Star Housing Finance 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	1.53	N/A	1.99	N/A

Competitive Comparison of Star Housing Finance's Debt-to-Equity

For the Mortgage Finance subindustry, Star Housing Finance'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.

Star Housing Finance's Debt-to-Equity Distribution in the Banks Industry

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

* The bar in red indicates where Star Housing Finance's Debt-to-Equity falls into.

Star Housing Finance Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Star Housing Finance'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
	=	(421.5	+	1203.499)	/	1064.188
	=	1.53

Star Housing Finance'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

Star Housing Finance (BOM:539017) 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.

Star Housing Finance Debt-to-Equity Related Terms

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

Star Housing Finance (BOM:539017) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Star Housing Finance Ltd (BOM:539017) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

603, Western Edger 1, Above Metro Mall, Borivali East, Mumbai, MH, IND, 400066

Website

https://www.starhfl.com

Star Housing Finance Ltd is a non-deposit-taking housing finance company. The company loan products include home loans, mortgage loans, and builder loans. The firm offers home loans for the purchase of flats and houses, renovation of existing units, extension of existing units, and purchase of plots for the construction of houses. The company offers a builder loan for the construction of residential flats. The company is engaged in the business of providing loans to individuals, corporate, and developers for the purchase, construction, development, and repair of houses, apartments, and commercial properties in India.

Star Housing Finance (BOM:539017) Headlines

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