PNB Housing Finance (NSE:PNBHOUSING) Debt-to-Equity : 2.49 (As of Mar. 2024)

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What is PNB Housing Finance Debt-to-Equity?

PNB Housing Finance's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0 Mil. PNB Housing Finance's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹372,584 Mil. PNB Housing Finance's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹149,744 Mil. PNB Housing Finance's debt to equity for the quarter that ended in Mar. 2024 was 2.49.

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 Housing Finance's Debt-to-Equity or its related term are showing as below:

NSE:PNBHOUSING' s Debt-to-Equity Range Over the Past 10 Years
Min: 2.49 Med: 5.68 Max: 8.87
Current: 2.49

During the past 13 years, the highest Debt-to-Equity Ratio of PNB Housing Finance was 8.87. The lowest was 2.49. And the median was 5.68.

NSE:PNBHOUSING's Debt-to-Equity is ranked worse than
88.93% of 1391 companies
in the Banks industry
Industry Median: 0.67 vs NSE:PNBHOUSING: 2.49

PNB Housing Finance Debt-to-Equity Historical Data

The historical data trend for PNB 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.

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PNB Housing Finance Debt-to-Equity Chart

PNB Housing Finance Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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6.47

4.89

3.73

3.41

2.49

PNB Housing Finance 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															3.41	N/A	2.59	N/A	2.49

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

For the Mortgage Finance subindustry, PNB 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.

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

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

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

PNB Housing Finance Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PNB Housing Finance'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	+	372583.7)	/	149744.4
	=	2.49

PNB Housing Finance'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	+	372583.7)	/	149744.4
	=	2.49

PNB Housing Finance (NSE:PNBHOUSING) 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 Housing Finance Debt-to-Equity Related Terms

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

PNB Housing Finance (NSE:PNBHOUSING) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » PNB Housing Finance Ltd (NSE:PNBHOUSING) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

540173:India

Address

22 Kasturba Gandhi Marg, 9th Floor, Antriksh Bhavan, New Delhi, IND, 110 001

Website

https://www.pnbhousing.com

PNB Housing Finance Ltd is an India-based housing finance company. It is engaged in the business of providing loans for the purchase, construction, repairs, and renovations of houses, flats, and commercial properties. The company also provides loans for commercial space, loan against property and loan for the purchase of residential plots. Geographically, it operates only in India. It generates revenue from Interest income and Fees and commission income.

PNB Housing Finance (NSE:PNBHOUSING) Headlines

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