Max Financial Services (BOM:500271) Total Stockholders Equity : ₹38,659 Mil (As of Mar. 2024)

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What is Max Financial Services Total Stockholders Equity?

Max Financial Services's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹38,659 Mil. It refers to the net assets owned by shareholders. It does not include minority interest.

Total Stockholders Equity is used to calculate Book Value per Share. Max Financial Services's Book Value per Share for the quarter that ended in Mar. 2024 was ₹112.02. The ratio of a company's debt over equity can be used to measure how leveraged this company is. Max Financial Services's Debt-to-Equity for the quarter that ended in Mar. 2024 was 0.14.

Max Financial Services Total Stockholders Equity Historical Data

The historical data trend for Max Financial Services's Total Stockholders 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.

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Max Financial Services Total Stockholders Equity Chart

Max Financial Services Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Stockholders Equity

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21,465.20

33,429.62

39,346.13

35,182.40

38,659.30

Max Financial Services Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Stockholders Equity	Get a 7-Day Free Trial															35,182.40	-	37,521.20	-	38,659.30

Max Financial Services (BOM:500271) Total Stockholders Equity Explanation

1. Total Stockholders Equity is used to calculate Book Value per Share.

Max Financial Services's Book Value per Share for the quarter that ended in Mar. 2024 is

Book Value per Share	=	(Total Stockholders Equity	-	Preferred Stock)	/	Shares Outstanding (EOP)
	=	(38659.3	-	0)	/	345.115
	=	112.02

2. The ratio of a company's debt over equity can be used to measure how leveraged this company is.

Max Financial Services's Debt-to-Equity for the quarter that ended in Mar. 2024 is

Debt-to-Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	5225.7)	/	38659.3
	=	0.14

Max Financial Services Total Stockholders Equity Related Terms

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Max Financial Services (BOM:500271) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Max Financial Services Ltd (BOM:500271) » Definitions » Total Stockholders Equity

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Traded in Other Exchanges

MFSL:India

Address

L20M, Plot No. C-001/A/1, Sector 16B, Max Towers, Noida, UP, IND, 201301

Website

https://www.maxfinancialservices.com

Max Financial Services Ltd is a non-bank private life insurance company. Max Group entities are Max Life Insurance Company, Max India, and Max Venture & Industries. Max Life Insurance Company is co-owned by Max Financial Services and Mitsui Sumitomo Insurance, a Japanese life insurance company. Max India offers healthcare and health insurance. The Max-Ventures and Industries division is an entrepreneurial division that helps the government with economic and commercial efforts. The company's operating segment involves Business Investment and Life Insurance. It earns the majority of revenue from Life Insurance segment.

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