LKP Securities (BOM:540192) Debt-to-Equity : 0.24 (As of Mar. 2024)

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What is LKP Securities Debt-to-Equity?

LKP Securities's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹22.1 Mil. LKP Securities's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹171.8 Mil. LKP Securities's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹800.1 Mil. LKP Securities's debt to equity for the quarter that ended in Mar. 2024 was 0.24.

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 LKP Securities's Debt-to-Equity or its related term are showing as below:

BOM:540192' s Debt-to-Equity Range Over the Past 10 Years
Min: -27.5 Med: 0.36 Max: 2.38
Current: 0.24

During the past 12 years, the highest Debt-to-Equity Ratio of LKP Securities was 2.38. The lowest was -27.50. And the median was 0.36.

BOM:540192's Debt-to-Equity is ranked better than
58.01% of 612 companies
in the Capital Markets industry
Industry Median: 0.365 vs BOM:540192: 0.24

LKP Securities Debt-to-Equity Historical Data

The historical data trend for LKP Securities'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.

LKP Securities Debt-to-Equity Chart

LKP Securities Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.38

0.35

0.25

0.28

0.24

LKP Securities Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															N/A	0.28	N/A	N/A	0.24

Competitive Comparison of LKP Securities's Debt-to-Equity

For the Capital Markets subindustry, LKP Securities'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.

LKP Securities's Debt-to-Equity Distribution in the Capital Markets Industry

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

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

LKP Securities Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

LKP Securities'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
	=	(22.13	+	171.782)	/	800.144
	=	0.24

LKP Securities'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
	=	(22.13	+	171.782)	/	800.144
	=	0.24

LKP Securities (BOM:540192) 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.

LKP Securities Debt-to-Equity Related Terms

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

LKP Securities (BOM:540192) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » LKP Securities Ltd (BOM:540192) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Andheri Kurla Road, Nr. Hotel Courtyard Marriott, 2nd floor, Gala Impecca, Chakala, Andheri East, Mumbai, MH, IND, 400059

Website

https://www.lkpsec.com

LKP Securities Ltd is a financial solutions provider. It is engaged as a stock and securities broker and provides financial services. The company provides clients with a range of services, including Equity, Debt Instruments, Structured Products, Third Party Distribution, and Commodity and Currency. Geographically It operates only in India.

LKP Securities (BOM:540192) Headlines

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