Bajaj Finserv (BOM:532978) Debt-to-Equity : N/A (As of Dec. 2023)

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What is Bajaj Finserv Debt-to-Equity?

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

BOM:532978' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.72 Med: 2.92 Max: 3.87
Current: 3.87

During the past 13 years, the highest Debt-to-Equity Ratio of Bajaj Finserv was 3.87. The lowest was 1.72. And the median was 2.92.

BOM:532978's Debt-to-Equity is ranked worse than
96.44% of 309 companies
in the Diversified Financial Services industry
Industry Median: 0.12 vs BOM:532978: 3.87

Bajaj Finserv Debt-to-Equity Historical Data

The historical data trend for Bajaj Finserv'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.

Bajaj Finserv Debt-to-Equity Chart

Bajaj Finserv Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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3.65

3.38

2.87

3.24

3.61

Bajaj Finserv Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															N/A	3.61	N/A	3.87	N/A

Competitive Comparison of Bajaj Finserv's Debt-to-Equity

For the Financial Conglomerates subindustry, Bajaj Finserv'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.

Bajaj Finserv's Debt-to-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Bajaj Finserv's Debt-to-Equity distribution charts can be found below:

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

Bajaj Finserv Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bajaj Finserv'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
	=	(123533.2	+	1552460.9)	/	464073.4
	=	3.61

Bajaj Finserv'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

Bajaj Finserv (BOM:532978) 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.

Bajaj Finserv Debt-to-Equity Related Terms

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Bajaj Finserv (BOM:532978) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Bajaj Finserv Ltd (BOM:532978) » Definitions » Debt-to-Equity

Traded in Other Exchanges

BAJAJFINSV:India

Address

Off Pune-Ahmednagar Road, 6th Floor, Bajaj Finserv Corporate Office, Viman Nagar, Pune, MH, IND, 411 014

Website

https://www.bajajfinserv.in

Bajaj Finserv Ltd is a non-banking financial services company headquartered in India that engages in lending activities. It services six lending verticals: consumer, small and midsize enterprises, commercial, rural, deposits, and partnerships and services. Bajaj's consumer and rural lending consists of funding solutions for consumer durables, such as vehicles and furniture to personal loans. The commercial lending activities consist of funding for plant and machinery assets and term loans to SMEs. Its mortgage lending activities consist of loans for residential and commercial properties and developer financing, among others. The company operates in India, with most of its revenue coming from Premium and other operating income from the insurance business.

Bajaj Finserv (BOM:532978) Headlines

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