Solowin Holdings (Solowin Holdings) Debt-to-Equity : 0.02 (As of Sep. 2023)

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What is Solowin Holdings Debt-to-Equity?

Solowin Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.16 Mil. Solowin Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.01 Mil. Solowin Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $10.91 Mil. Solowin Holdings's debt to equity for the quarter that ended in Sep. 2023 was 0.02.

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 Solowin Holdings's Debt-to-Equity or its related term are showing as below:

SWIN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.05 Max: 0.18
Current: 0.02

During the past 3 years, the highest Debt-to-Equity Ratio of Solowin Holdings was 0.18. The lowest was 0.01. And the median was 0.05.

SWIN's Debt-to-Equity is ranked better than
92.78% of 609 companies
in the Capital Markets industry
Industry Median: 0.38 vs SWIN: 0.02

Solowin Holdings Debt-to-Equity Historical Data

The historical data trend for Solowin Holdings'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.

Solowin Holdings Debt-to-Equity Chart

Solowin Holdings Annual Data

Trend

Mar21

Mar22

Mar23

Debt-to-Equity

0.18

0.05

0.08

Solowin Holdings Semi-Annual Data
	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial			N/A	0.05	0.01	0.08	0.02

Competitive Comparison of Solowin Holdings's Debt-to-Equity

For the Capital Markets subindustry, Solowin Holdings'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.

Solowin Holdings's Debt-to-Equity Distribution in the Capital Markets Industry

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

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

Solowin Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Solowin Holdings'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
	=	(0.156	+	0.095)	/	3.341
	=	0.08

Solowin Holdings's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(0.16	+	0.014)	/	10.912
	=	0.02

Solowin Holdings (NAS:SWIN) 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.

Solowin Holdings Debt-to-Equity Related Terms

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

Solowin Holdings (Solowin Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Solowin Holdings Ltd (NAS:SWIN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

33 Canton Road, Room 1910-1912A, Tower 3, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

https://www.solomonwin.com.hk

Solowin Holdings is a investor-focused, versatile securities brokerage company in Hong Kong. It offers a wide spectrum of products and services through its advanced and secured one-stop electronic platform. It is primarily engaged in providing securities related services, investment advisory service, and asset management service to customers.

Solowin Holdings (Solowin Holdings) Headlines

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