Axis Bank (FRA:UZC) Debt-to-Equity

: 1.50 (As of Dec. 2023)

View and export this data going back to 2005. Start your Free Trial

Axis Bank's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0 Mil. Axis Bank's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €24,567 Mil. Axis Bank's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €16,435 Mil. Axis Bank's debt to equity for the quarter that ended in Dec. 2023 was 1.49.

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 Axis Bank's Debt-to-Equity or its related term are showing as below:

FRA:UZC' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.3 Med: 1.53 Max: 2.33
Current: 1.5

During the past 13 years, the highest Debt-to-Equity Ratio of Axis Bank was 2.33. The lowest was 1.30. And the median was 1.53.

FRA:UZC's Debt-to-Equity is ranked worse than
76.77% of 1395 companies
in the Banks industry
Industry Median: 0.7 vs FRA:UZC: 1.50

Axis Bank Debt-to-Equity Historical Data

The historical data trend for Axis Bank'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.

Axis Bank Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

Get a 7-Day Free Trial

2.17

1.66

1.30

1.54

1.53

Axis Bank 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															1.49	1.53	1.42	1.47	1.50

Competitive Comparison

For the Banks - Regional subindustry, Axis Bank'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.

Axis Bank Debt-to-Equity Distribution

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

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

Axis Bank Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Axis Bank'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	+	22530.098)	/	14734.566
	=	1.53

Axis Bank'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	+	24567.077)	/	16434.53
	=	1.49

Axis Bank (FRA:UZC) 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.

Axis Bank Debt-to-Equity Related Terms

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

Axis Bank (FRA:UZC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Axis Bank Ltd (FRA:UZC) » Definitions » Debt-to-Equity

Traded in Other Exchanges

AXISBANK:India 532215:India AXBl:UK AXB:UK

Address

Pandurang Budhkar Marg, Axis House, C-2, Wadia International Centre, Worli, Mumbai, MH, IND, 400 025

Website

https://www.axisbank.com

Axis Bank Ltd is a full-service bank operating mostly in India. The bank operates under four segments: treasury, corporate/wholesale banking, retail banking, and other banking. Treasury operations include security investments and derivative trading. Corporate/wholesale banking solutions include mid/large corporate relationships, corporate advisory, project appraisals, and syndication. Retail banking solutions include lending to individual/small businesses, savings accounts, debit and credit cards, ATMs and mobile banking, personal loans. Other banking operations include third-party product distribution and other banking transactions. A plurality of the bank's loan and advances comes from its corporate customers, while a plurality of its fee income comes from its retail customers.

Axis Bank (FRA:UZC) Headlines

No Headlines