Mahindra & Mahindra (BOM:500520) Debt-to-Asset : 0.45 (As of Sep. 2023)

Mahindra & Mahindra Debt-to-Asset Chart

Mahindra & Mahindra Annual Data
	Trend	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23
Debt-to-Asset		Get a 7-Day Free Trial					0.43	0.49	0.48	0.45	0.45

Mahindra & Mahindra Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Asset	Get a 7-Day Free Trial															0.48	0.45	0.43	0.45	0.45

Competitive Comparison of Mahindra & Mahindra's Debt-to-Asset

For the Auto Manufacturers subindustry, Mahindra & Mahindra'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.

Mahindra & Mahindra's Debt-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Mahindra & Mahindra's Debt-to-Asset distribution charts can be found below:

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

Mahindra & Mahindra Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Mahindra & Mahindra's Debt-to-Asset for the fiscal year that ended in Mar. 2023 is calculated as

Mahindra & Mahindra's Debt-to-Asset for the quarter that ended in Sep. 2023 is calculated as

* 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.

Mahindra & Mahindra  (BOM:500520) 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.

Mahindra & Mahindra Debt-to-Asset Related Terms

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Mahindra & Mahindra (BOM:500520) Business Description