Muthoot Finance (BOM:533398) Debt-to-Equity : 2.74 (As of Dec. 2023)

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What is Muthoot Finance Debt-to-Equity?

Muthoot Finance's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Muthoot Finance's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹657,299 Mil. Muthoot Finance's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹240,175 Mil. Muthoot Finance's debt to equity for the quarter that ended in Dec. 2023 was 2.74.

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

BOM:533398' s Debt-to-Equity Range Over the Past 10 Years
Min: 2.39 Med: 3.07 Max: 4.57
Current: 2.74

During the past 13 years, the highest Debt-to-Equity Ratio of Muthoot Finance was 4.57. The lowest was 2.39. And the median was 3.07.

BOM:533398's Debt-to-Equity is ranked worse than
71.63% of 430 companies
in the Credit Services industry
Industry Median: 1.185 vs BOM:533398: 2.74

Muthoot Finance Debt-to-Equity Historical Data

The historical data trend for Muthoot 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.

* Premium members only.

Muthoot Finance Debt-to-Equity Chart

Muthoot Finance Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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3.01

3.44

3.22

2.89

2.56

Muthoot Finance Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															2.39	2.56	2.62	2.71	2.74

Competitive Comparison of Muthoot Finance's Debt-to-Equity

For the Credit Services subindustry, Muthoot 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.

Muthoot Finance's Debt-to-Equity Distribution in the Credit Services Industry

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

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

Muthoot Finance Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Muthoot Finance'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	+	555061.32)	/	216657.52
	=	2.56

Muthoot Finance'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	+	657299.04)	/	240174.54
	=	2.74

Muthoot Finance (BOM:533398) 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.

Muthoot Finance Debt-to-Equity Related Terms

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

Muthoot Finance (BOM:533398) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Muthoot Finance Ltd (BOM:533398) » Definitions » Debt-to-Equity

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MUTHOOTFIN:India

Address

Banerji Road, Ernakulam, 2nd Floor, Muthoot Chambers, Opposite Saritha Theatre Complex, Kochi, KL, IND, 682 018

Website

https://www.muthootfinance.com

Muthoot Finance Ltd is a non-deposit-taking, non-banking financial company with thousands of branches in India. The company's main business is providing personal and business loans to individuals who do not have access to formal credit. The loans are typically secured by gold jewelry. Muthoot also offers some microfinance loans and housing loans to customer segments and areas that are underserved by banks. Interest income accounts for nearly all the company's revenue. Muthoot has operations in Sri Lanka and India, with India providing almost all the company's revenue.

Muthoot Finance (BOM:533398) Headlines

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