GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Religare Enterprises Ltd (BOM:532915) » Definitions » Debt-to-Asset

Religare Enterprises (BOM:532915) Debt-to-Asset : 0.05 (As of Mar. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Religare Enterprises Debt-to-Asset?

Religare Enterprises's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0 Mil. Religare Enterprises's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹4,426 Mil. Religare Enterprises's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ₹95,771 Mil. Religare Enterprises's debt to asset for the quarter that ended in Mar. 2024 was 0.05.


Religare Enterprises Debt-to-Asset Historical Data

The historical data trend for Religare Enterprises's Debt-to-Asset 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.

Religare Enterprises Debt-to-Asset Chart

Religare Enterprises Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.67 0.56 0.51 0.10 0.05

Religare Enterprises Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.10 - 0.07 - 0.05

Competitive Comparison of Religare Enterprises's Debt-to-Asset

For the Insurance - Life subindustry, Religare Enterprises's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.


Religare Enterprises's Debt-to-Asset Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Religare Enterprises's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Religare Enterprises's Debt-to-Asset falls into.



Religare Enterprises Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Religare Enterprises's Debt-to-Asset for the fiscal year that ended in Mar. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0 + 4426.002) / 95771.362
=0.05

Religare Enterprises's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0 + 4426.002) / 95771.362
=0.05

* 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.


Religare Enterprises  (BOM:532915) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Religare Enterprises Debt-to-Asset Related Terms

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


Religare Enterprises (BOM:532915) Business Description

Traded in Other Exchanges
Address
Dr. Jha Marg, 8th Flooe, Block A, Max House, Phase III, Okhla Industrial Estate, New Delhi, IND, 110020
Religare Enterprises Ltd is an India-based company that is principally engaged in providing diversified financial services, including loans to small and midsize enterprises, affordable housing finance, health insurance, capital markets, and wealth management. The company operates via various subsidiaries and operating entities. It generates around two-thirds of total revenue from investment and financing activity. The company concentrates its business in India, and generates the majority of revenue from the domestic market.

Religare Enterprises (BOM:532915) Headlines

No Headlines