Secmark Consultancy (BOM:543234) Debt-to-Equity : 0.69 (As of Mar. 2024)

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What is Secmark Consultancy Debt-to-Equity?

Secmark Consultancy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹110.6 Mil. Secmark Consultancy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0.0 Mil. Secmark Consultancy's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹160.1 Mil. Secmark Consultancy's debt to equity for the quarter that ended in Mar. 2024 was 0.69.

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 Secmark Consultancy's Debt-to-Equity or its related term are showing as below:

BOM:543234' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.17 Max: 0.69
Current: 0.69

During the past 7 years, the highest Debt-to-Equity Ratio of Secmark Consultancy was 0.69. The lowest was 0.04. And the median was 0.17.

BOM:543234's Debt-to-Equity is ranked worse than
64.28% of 921 companies
in the Business Services industry
Industry Median: 0.37 vs BOM:543234: 0.69

Secmark Consultancy Debt-to-Equity Historical Data

The historical data trend for Secmark Consultancy'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.

Secmark Consultancy Debt-to-Equity Chart

Secmark Consultancy Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.27

0.04

0.05

0.56

0.69

Secmark Consultancy Semi-Annual Data
	Mar18	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial						0.05	0.42	0.56	1.00	0.69

Competitive Comparison of Secmark Consultancy's Debt-to-Equity

For the Consulting Services subindustry, Secmark Consultancy'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.

Secmark Consultancy's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Secmark Consultancy's Debt-to-Equity distribution charts can be found below:

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

Secmark Consultancy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Secmark Consultancy'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
	=	(110.573	+	0)	/	160.055
	=	0.69

Secmark Consultancy'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
	=	(110.573	+	0)	/	160.055
	=	0.69

Secmark Consultancy (BOM:543234) 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.

Secmark Consultancy Debt-to-Equity Related Terms

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

Secmark Consultancy (BOM:543234) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Secmark Consultancy Ltd (BOM:543234) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SECMARK:India

Address

Near Ambamata Mandir, Plot No 36/ 227, RDP-10, CTS-1C/1/640, Sector-6, Charkop, Kandivali (West), Mumbai, MH, IND, 400067

Website

https://www.secmark.in

Secmark Consultancy Ltd offers services in the areas of compliance, operations, risk management, outsourcing, software development, and legal matters to financial market participants and others. The company's products include Order Instruction Management System; Compliancesutra; and E-learning product suite. Its clients include stock and commodity brokers, depository participants, stock exchanges, wealth managers, alternative investment funds, research analysts, insurance companies, insurance brokers, corporate agents, portfolio managers, investment advisors, NBFCs, etc.

Secmark Consultancy (BOM:543234) Headlines

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