Bajaj Finance (BOM:500034) Debt-to-Asset : 0.62 (As of Mar. 2024)

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What is Bajaj Finance Debt-to-Asset?

Bajaj Finance's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0 Mil. Bajaj Finance's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹2,331,949 Mil. Bajaj Finance's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ₹3,757,416 Mil. Bajaj Finance's debt to asset for the quarter that ended in Mar. 2024 was 0.62.

Bajaj Finance Debt-to-Asset Historical Data

The historical data trend for Bajaj Finance's Debt-to-Asset 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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Bajaj Finance Debt-to-Asset Chart

Bajaj Finance Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Asset

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0.66

0.62

0.63

0.60

0.62

Bajaj Finance Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial															0.60	-	0.63	-	0.62

Competitive Comparison of Bajaj Finance's Debt-to-Asset

For the Credit Services subindustry, Bajaj Finance's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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 Finance's Debt-to-Asset Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Bajaj Finance's Debt-to-Asset distribution charts can be found below:

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

Bajaj Finance Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Bajaj Finance's Debt-to-Asset for the fiscal year that ended in Mar. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0	+	2331949.1)	/	3757416.2
	=	0.62

Bajaj Finance's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0	+	2331949.1)	/	3757416.2
	=	0.62

Bajaj Finance (BOM:500034) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Bajaj Finance Debt-to-Asset Related Terms

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Bajaj Finance (BOM:500034) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Bajaj Finance Ltd (BOM:500034) » Definitions » Debt-to-Asset

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Traded in Other Exchanges

BAJFINANCE:India

Address

Off Pune-Ahmednagar Road, 4th Floor, Bajaj Finserv Corporate Office, Viman Nagar, Pune, MH, IND, 411 014

Website

https://www.bajajfinserv.in

Bajaj Finance Ltd is the holding company for various financial services businesses under the Bajaj Group, which operates in India. The company services myriad customers by providing solutions for asset acquisition through financing. The company also makes investments in renewable energy through one of its subsidiaries. It operates under a single reportable segment, financing. Among its lending operations, the company is engaged in consumer lending, commercial lending, loans against securities, mortgages, and lending to small and medium enterprises. All of its revenue is generated from India.

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