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Indian Railway Finance (NSE:IRFC) Debt-to-Asset : 0.34 (As of Sep. 2024)


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What is Indian Railway Finance Debt-to-Asset?

Indian Railway Finance's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹0 Mil. Indian Railway Finance's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹1,689,935 Mil. Indian Railway Finance's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was ₹4,943,484 Mil. Indian Railway Finance's debt to asset for the quarter that ended in Sep. 2024 was 0.34.


Indian Railway Finance Debt-to-Asset Historical Data

The historical data trend for Indian Railway 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.

Indian Railway Finance Debt-to-Asset Chart

Indian Railway Finance Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Asset
Get a 7-Day Free Trial 0.33 0.42 0.45 0.45 0.40

Indian Railway Finance Quarterly Data
Sep19 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 0.39 0.40 0.40 0.38 0.34

Competitive Comparison of Indian Railway Finance's Debt-to-Asset

For the Credit Services subindustry, Indian Railway 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.


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

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

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



Indian Railway Finance Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Indian Railway 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
=(126521.61 + 1810518.84) / 4850824.26
=0.40

Indian Railway 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 + 1689935.2) / 4943483.8
=0.34

* 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.


Indian Railway Finance  (NSE:IRFC) 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.


Indian Railway Finance Debt-to-Asset Related Terms

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


Indian Railway Finance Business Description

Traded in Other Exchanges
Address
Bhisham Pitamah Marg, Lodhi Road, UG Floor, East Tower, NBCC Place, Pragati Vihar, New Delhi, IND, 110003
Indian Railway Finance Corp Ltd is engaged in the business of borrowing funds from the financial markets to finance the acquisition/creation of assets which are then leased out to the Indian Railways or any entity under the Ministry of Railways. Its only operating segment being Leasing and Finance. The company generates maximum revenue from Lease Income.

Indian Railway Finance Headlines

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