Mahindra & Mahindra Financial Services (NSE:M&MFIN) Debt-to-Equity : N/A (As of Dec. 2023)

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What is Mahindra & Mahindra Financial Services Debt-to-Equity?

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

NSE:M&MFIN' s Debt-to-Equity Range Over the Past 10 Years
Min: 3.18 Med: 4.19 Max: 5.25
Current: 4.55

During the past 13 years, the highest Debt-to-Equity Ratio of Mahindra & Mahindra Financial Services was 5.25. The lowest was 3.18. And the median was 4.19.

NSE:M&MFIN's Debt-to-Equity is ranked worse than
85.88% of 432 companies
in the Credit Services industry
Industry Median: 1.18 vs NSE:M&MFIN: 4.55

Mahindra & Mahindra Financial Services Debt-to-Equity Historical Data

The historical data trend for Mahindra & Mahindra Financial Services'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.

Mahindra & Mahindra Financial Services Debt-to-Equity Chart

Mahindra & Mahindra Financial Services Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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4.72

4.73

3.49

3.18

4.10

Mahindra & Mahindra Financial Services Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															3.89	N/A	4.10	4.55	N/A

Competitive Comparison of Mahindra & Mahindra Financial Services's Debt-to-Equity

For the Credit Services subindustry, Mahindra & Mahindra Financial Services'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.

Mahindra & Mahindra Financial Services's Debt-to-Equity Distribution in the Credit Services Industry

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

* The bar in red indicates where Mahindra & Mahindra Financial Services's Debt-to-Equity falls into.

Mahindra & Mahindra Financial Services Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mahindra & Mahindra Financial Services'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	+	760214.6)	/	185600.9
	=	4.10

Mahindra & Mahindra Financial Services'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

Mahindra & Mahindra Financial Services (NSE:M&MFIN) 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.

Mahindra & Mahindra Financial Services Debt-to-Equity Related Terms

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Mahindra & Mahindra Financial Services (NSE:M&MFIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Mahindra & Mahindra Financial Services Ltd (NSE:M&MFIN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

532720:India

Address

Dr. G M. Bhosale Marg, 4th Floor, Mahindra Towers, A Wing, P.K. Kurne Chowk, Worli, Mumbai, MH, IND, 400 018

Website

https://www.mahindrafinance.com

Mahindra & Mahindra Financial Services Ltd is a subsidiary of the Indian conglomerate Mahinda & Mahindra. The company is a nonbanking financial company that serves the financing needs of a sizable population residing in nonmetropolitan areas of India. The company provides a wide range of retail products and services, including financing vehicles for commercial and personal use, tractors, small to medium enterprise loans, and other financial products. The company also operates in other niche markets. It has introduced mutual fund distributions, fixed deposit products, and personal loans. The company's main source of revenue is interest income from its loans.

Mahindra & Mahindra Financial Services (NSE:M&MFIN) Headlines

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