GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Aditya Birla Money Ltd (BOM:532974) » Definitions » Debt-to-Equity

Aditya Birla Money (BOM:532974) Debt-to-Equity : 8.03 (As of Mar. 2024)


View and export this data going back to 2008. Start your Free Trial

What is Aditya Birla Money Debt-to-Equity?

Aditya Birla Money's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0 Mil. Aditya Birla Money's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹13,067 Mil. Aditya Birla Money's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹1,627 Mil. Aditya Birla Money's debt to equity for the quarter that ended in Mar. 2024 was 8.03.

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 Aditya Birla Money's Debt-to-Equity or its related term are showing as below:

BOM:532974' s Debt-to-Equity Range Over the Past 10 Years
Min: 2.14   Med: 7.74   Max: 83.97
Current: 8.03

During the past 13 years, the highest Debt-to-Equity Ratio of Aditya Birla Money was 83.97. The lowest was 2.14. And the median was 7.74.

BOM:532974's Debt-to-Equity is ranked worse than
98.36% of 611 companies
in the Capital Markets industry
Industry Median: 0.36 vs BOM:532974: 8.03

Aditya Birla Money Debt-to-Equity Historical Data

The historical data trend for Aditya Birla Money'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.

Aditya Birla Money Debt-to-Equity Chart

Aditya Birla Money Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.18 7.14 8.83 7.45 8.03

Aditya Birla Money 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 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 7.45 N/A 7.81 N/A 8.03

Competitive Comparison of Aditya Birla Money's Debt-to-Equity

For the Capital Markets subindustry, Aditya Birla Money'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.


Aditya Birla Money's Debt-to-Equity Distribution in the Capital Markets Industry

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

* The bar in red indicates where Aditya Birla Money's Debt-to-Equity falls into.



Aditya Birla Money Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Aditya Birla Money's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Aditya Birla Money's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* 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.


Aditya Birla Money  (BOM:532974) 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.


Aditya Birla Money Debt-to-Equity Related Terms

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


Aditya Birla Money (BOM:532974) Business Description

Traded in Other Exchanges
Address
Thiru-Vi-Ka (SIDCO) Industrial Estate, Sai Sagar, 2nd & 3rd Floor, Plot No. M-7, Guindy, Chennai, TN, IND, 600 032
Aditya Birla Money Ltd is in the business of broking and related activities. The company is engaged in various divisions such as broking, trading in securities, and others. It generates a majority of its revenue from the broking segment.

Aditya Birla Money (BOM:532974) Headlines

No Headlines