AAVAS Financiers (BOM:541988) Debt-to-Equity : 3.29 (As of Mar. 2024)

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What is AAVAS Financiers Debt-to-Equity?

AAVAS Financiers's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0 Mil. AAVAS Financiers's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹123,983 Mil. AAVAS Financiers's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹37,733 Mil. AAVAS Financiers's debt to equity for the quarter that ended in Mar. 2024 was 3.29.

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 AAVAS Financiers's Debt-to-Equity or its related term are showing as below:

BOM:541988' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.99 Med: 2.94 Max: 7.1
Current: 3.29

During the past 11 years, the highest Debt-to-Equity Ratio of AAVAS Financiers was 7.10. The lowest was 1.99. And the median was 2.94.

BOM:541988's Debt-to-Equity is ranked worse than
93.25% of 1392 companies
in the Banks industry
Industry Median: 0.67 vs BOM:541988: 3.29

AAVAS Financiers Debt-to-Equity Historical Data

The historical data trend for AAVAS Financiers'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.

AAVAS Financiers Debt-to-Equity Chart

AAVAS Financiers Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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2.57

2.66

2.86

3.02

3.29

AAVAS Financiers 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															3.02	N/A	3.19	N/A	3.29

Competitive Comparison of AAVAS Financiers's Debt-to-Equity

For the Mortgage Finance subindustry, AAVAS Financiers'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.

AAVAS Financiers's Debt-to-Equity Distribution in the Banks Industry

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

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

AAVAS Financiers Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

AAVAS Financiers'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	+	123983.071)	/	37733.152
	=	3.29

AAVAS Financiers'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	+	123983.071)	/	37733.152
	=	3.29

AAVAS Financiers (BOM:541988) 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.

AAVAS Financiers Debt-to-Equity Related Terms

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

AAVAS Financiers (BOM:541988) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » AAVAS Financiers Ltd (BOM:541988) » Definitions » Debt-to-Equity

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AAVAS:India

Address

Mansarover Industrial Area, 201-202, 2nd Floor, Southend Square, Jaipur, RJ, IND, 302 020

Website

https://www.aavas.in

AAVAS Financiers Ltd is a housing finance company. The company provides housing loans to customers belonging to the low and middle-income and self-employed segments in suburban and rural India. Its only operating segment is Lending to borrowers. The company's product portfolio includes home loans, land purchases and construction, home improvement loans, home equity, micro, small, and medium enterprise loan, and others. It offers customers loans for the purchase or construction of residential properties and the extension and repair of existing housing units.

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