Radiant Cash Management Services (BOM:543732) Debt-to-Equity : N/A (As of Dec. 2023)

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What is Radiant Cash Management Services Debt-to-Equity?

Radiant Cash Management Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Radiant Cash Management Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Radiant Cash Management Services's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹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 Radiant Cash Management Services's Debt-to-Equity or its related term are showing as below:

BOM:543732' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11 Med: 0.15 Max: 0.21
Current: 0.12

During the past 4 years, the highest Debt-to-Equity Ratio of Radiant Cash Management Services was 0.21. The lowest was 0.11. And the median was 0.15.

BOM:543732's Debt-to-Equity is ranked better than
76.35% of 926 companies
in the Business Services industry
Industry Median: 0.375 vs BOM:543732: 0.12

Radiant Cash Management Services Debt-to-Equity Historical Data

The historical data trend for Radiant Cash Management Services'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.

Radiant Cash Management Services Debt-to-Equity Chart

Radiant Cash Management Services Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

0.18

0.11

0.21

0.13

Radiant Cash Management Services Quarterly Data
	Mar20	Mar21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial					N/A	0.13	N/A	0.12	N/A

Competitive Comparison of Radiant Cash Management Services's Debt-to-Equity

For the Specialty Business Services subindustry, Radiant Cash Management Services'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.

Radiant Cash Management Services's Debt-to-Equity Distribution in the Business Services Industry

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

* The bar in red indicates where Radiant Cash Management Services's Debt-to-Equity falls into.

Radiant Cash Management Services Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Radiant Cash Management Services'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
	=	(278.6	+	8.82)	/	2299.34
	=	0.13

Radiant Cash Management Services'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

Radiant Cash Management Services (BOM:543732) 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.

Radiant Cash Management Services Debt-to-Equity Related Terms

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Radiant Cash Management Services (BOM:543732) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Radiant Cash Management Services Ltd (BOM:543732) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

RADIANTCMS:India

Address

No. 4/3 Raju Nagar, First Street, Old Mahabalipuram Road, Radiant Building, Okkiyam Thoraipakkam, OMR, Chennai, TN, IND, 600 009

Website

https://www.radiantcashservices.com

Radiant Cash Management Services Ltd is an integrated cash logistics player with a presence in retail cash management. The company operates its business across five verticals, namely cash pick-up and delivery; network currency management (also known as cash burial in industry parlance); cash processing; cash vans /cash in transit and other value-added services. Its clients include some of the foreign, private and public sector banks, and the end user of services include some of the e-commerce companies, retail chains, NBFCs, insurance firms, e-commerce logistics players, railways and retail petroleum distribution outlets. The company generates the majority of its revenue from Cash Pick and Delivery services.

Radiant Cash Management Services (BOM:543732) Headlines

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