LIC Housing Finance (NSE:LICHSGFIN) Debt-to-Equity : N/A (As of Dec. 2023)

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What is LIC Housing Finance Debt-to-Equity?

LIC Housing Finance's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. LIC Housing Finance's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. LIC Housing Finance'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 LIC Housing Finance's Debt-to-Equity or its related term are showing as below:

NSE:LICHSGFIN' s Debt-to-Equity Range Over the Past 10 Years
Min: 7.96 Med: 9.77 Max: 12.31
Current: 7.96

During the past 13 years, the highest Debt-to-Equity Ratio of LIC Housing Finance was 12.31. The lowest was 7.96. And the median was 9.77.

NSE:LICHSGFIN's Debt-to-Equity is ranked worse than
98.28% of 1393 companies
in the Banks industry
Industry Median: 0.69 vs NSE:LICHSGFIN: 7.96

LIC Housing Finance Debt-to-Equity Historical Data

The historical data trend for LIC 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.

* Premium members only.

LIC Housing Finance Debt-to-Equity Chart

LIC Housing Finance Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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10.40

9.83

9.27

8.33

8.61

LIC Housing 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															N/A	8.61	N/A	7.96	N/A

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

For the Mortgage Finance subindustry, LIC 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.

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

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

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

LIC Housing Finance Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

LIC Housing 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	+	2339600.5)	/	271846.7
	=	8.61

LIC Housing 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	+	0)	/	0
	=	N/A

LIC Housing Finance (NSE:LICHSGFIN) 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.

LIC Housing Finance Debt-to-Equity Related Terms

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

LIC Housing Finance (NSE:LICHSGFIN) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

500253:India

Address

131 Maker Tower, F Premises, 13th Floor, Cuffe Parade, Mumbai, MH, IND, 400 005

Website

https://www.lichousing.com

LIC Housing Finance Ltd is a housing finance company that provides loans, primarily in India. Its main objective is to provide long-term finance to individuals for residential purchases or construction. LIC Housing provides a wide range of loan products to individuals and also provides commercial financing for corporations and building developers. These activities include senior housing, marketing of financial services, and investment management.

LIC Housing Finance (NSE:LICHSGFIN) Headlines

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