RNFI Services (NSE:RNFI) Debt-to-Asset : 0.09 (As of Sep. 2024)

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What is RNFI Services Debt-to-Asset?

RNFI Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹71 Mil. RNFI Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹160 Mil. RNFI Services's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was ₹2,579 Mil. RNFI Services's debt to asset for the quarter that ended in Sep. 2024 was 0.09.

RNFI Services Debt-to-Asset Historical Data

The historical data trend for RNFI Services'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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RNFI Services Debt-to-Asset Chart

RNFI Services Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Debt-to-Asset

0.16

0.10

0.16

0.17

RNFI Services Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Mar24	Sep24
Debt-to-Asset	Get a 7-Day Free Trial			0.10	0.16	0.19	0.17	0.09

Competitive Comparison of RNFI Services's Debt-to-Asset

For the Capital Markets subindustry, RNFI Services'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.

RNFI Services's Debt-to-Asset Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, RNFI Services's Debt-to-Asset distribution charts can be found below:

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

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RNFI Services Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

RNFI Services'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
	=	(150.398	+	174.662)	/	1905.138
	=	0.17

RNFI Services'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
	=	(70.839	+	159.743)	/	2578.643
	=	0.09

RNFI Services (NSE:RNFI) 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.

RNFI Services Debt-to-Asset Related Terms

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RNFI Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » RNFI Services Ltd (NSE:RNFI) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

DLF Industrial Area, Plot No. 42, UG-5, Relipay House, Kirti Nagar, West Delhi, New Delhi, IND, 110015

Website

https://www.rnfiservices.com

RNFI Services Ltd is a tech-enabled platform offering financial technology solutions in the B2B and B2B2C financial technology arena through an integrated business model via online portal and mobile application, focusing on providing banking, digital, and Government to Citizen (G2C) services on PAN India basis. It segregates its business into three segments namely; Business correspondent services; Non-business correspondent services; and others. Key revenue is generated from the Non-business correspondent services.

RNFI Services Headlines

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