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Shriram Finance (BOM:511218) Debt-to-Asset : 0.57 (As of Sep. 2024)


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What is Shriram Finance Debt-to-Asset?

Shriram Finance's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹0 Mil. Shriram Finance's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹1,576,232 Mil. Shriram Finance's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was ₹2,750,866 Mil. Shriram Finance's debt to asset for the quarter that ended in Sep. 2024 was 0.57.

Shriram Finance Debt-to-Asset Historical Data

The historical data trend for Shriram 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.

* Premium members only.

Shriram Finance Debt-to-Asset Chart

Shriram Finance Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.73 0.70 0.65 0.61 0.61

Shriram Finance Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.60 - 0.61 - 0.57

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

For the Credit Services subindustry, Shriram 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.

Shriram Finance's Debt-to-Asset Distribution in the Credit Services Industry

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

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


Shriram Finance Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Shriram 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 + 1517661) / 2482659.4
=0.61

Shriram Finance's Debt-to-Asset for the quarter that ended in Sep. 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 + 1576232.1) / 2750865.7
=0.57

* 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.

Shriram Finance  (BOM:511218) 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.

Shriram Finance Debt-to-Asset Related Terms

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

Shriram Finance Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Shriram Finance Ltd (BOM:511218) » Definitions » Debt-to-Asset
Comparable Companies
BOM:532955 BOM:543066 BOM:532810 BOM:533398 BOM:543257 NSE:CHOLAFIN NSE:SUNDARMFIN NSE:M&MFIN BOM:533519 BOM:524000 V MA AXP PYPL BOM:500034 COF TSE:8591 DFS XPAR:EDEN SYF
Traded in Other Exchanges
SHRIRAMFIN:India
Address
Wockhardt Towers, West Wing, Level-3, C-2, G-Block, Bandra-Kurla Complex, Bandra (East), Mumbai, MH, IND, 400051
Website
https://www.shriramfinance.in
Shriram Finance Ltd is an Indian non-banking finance company. It is engaged in the financing of pre-owned commercial vehicles, equipment, and other loans. The company focuses on loan origination, valuation, and collection for pre-owned and new commercial and passenger vehicles, tractors, 3-wheelers, multi-utility vehicles, and also provides ancillary services such as finance for working capital, engine replacement, bill discounting, credit cards, and tire-loans as holistic financing support. The company's revenue consists of interest income on loans provided. Geographically, it derives maximum revenue from India.

Shriram Finance Headlines

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