Advik Capital (BOM:539773) Debt-to-Equity : 0.70 (As of Mar. 2024)

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What is Advik Capital Debt-to-Equity?

Advik Capital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0 Mil. Advik Capital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹787 Mil. Advik Capital's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹1,126 Mil. Advik Capital's debt to equity for the quarter that ended in Mar. 2024 was 0.70.

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 Advik Capital's Debt-to-Equity or its related term are showing as below:

BOM:539773' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.09 Med: 0.39 Max: 1.28
Current: 0.7

During the past 13 years, the highest Debt-to-Equity Ratio of Advik Capital was 1.28. The lowest was 0.09. And the median was 0.39.

BOM:539773's Debt-to-Equity is ranked better than
61.92% of 428 companies
in the Credit Services industry
Industry Median: 1.15 vs BOM:539773: 0.70

Advik Capital Debt-to-Equity Historical Data

The historical data trend for Advik Capital'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.

Advik Capital Debt-to-Equity Chart

Advik Capital Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.21

0.31

0.49

1.28

0.70

Advik Capital 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															1.28	N/A	1.63	N/A	0.70

Competitive Comparison of Advik Capital's Debt-to-Equity

For the Credit Services subindustry, Advik Capital'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.

Advik Capital's Debt-to-Equity Distribution in the Credit Services Industry

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

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

Advik Capital Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Advik Capital'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	+	786.716)	/	1126.331
	=	0.70

Advik Capital'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	+	786.716)	/	1126.331
	=	0.70

Advik Capital (BOM:539773) 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.

Advik Capital Debt-to-Equity Related Terms

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Advik Capital (BOM:539773) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Advik Capital Ltd (BOM:539773) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

G-3, Vikas House, 34/1, East Punjabi Bagh, Delhi, IND, 110026

Website

https://www.advikgroup.com

Advik Capital Ltd is a non-banking finance company (NBFC). The company is carrying on the business of investing funds, assisting the financial accommodation by way of loans/advances to industrial concerns and undertaking the business of leasing and to finance lease operations of all kinds, purchasing, selling, and hiring of plant and machinery. It generates revenue from Interest Income and Commission Income.

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