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Aneri Fincap (BOM:531252) Debt-to-Equity : -0.74 (As of Mar. 2024)


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What is Aneri Fincap Debt-to-Equity?

Aneri Fincap's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0.00 Mil. Aneri Fincap's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹324.84 Mil. Aneri Fincap's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹-439.31 Mil. Aneri Fincap's debt to equity for the quarter that ended in Mar. 2024 was -0.74.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Aneri Fincap's Debt-to-Equity or its related term are showing as below:

BOM:531252' s Debt-to-Equity Range Over the Past 10 Years
Min: -155.65   Med: 42.63   Max: 183.75
Current: -0.74

During the past 13 years, the highest Debt-to-Equity Ratio of Aneri Fincap was 183.75. The lowest was -155.65. And the median was 42.63.

BOM:531252's Debt-to-Equity is not ranked
in the Credit Services industry.
Industry Median: 1.17 vs BOM:531252: -0.74

Aneri Fincap Debt-to-Equity Historical Data

The historical data trend for Aneri Fincap's Debt-to-Equity 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.

Aneri Fincap Debt-to-Equity Chart

Aneri Fincap Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 97.50 65.19 -155.65 -3.26 -0.74

Aneri Fincap Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity 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 -3.26 N/A -3.03 N/A -0.74

Competitive Comparison of Aneri Fincap's Debt-to-Equity

For the Credit Services subindustry, Aneri Fincap's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.


Aneri Fincap's Debt-to-Equity Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Aneri Fincap's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Aneri Fincap's Debt-to-Equity falls into.



Aneri Fincap Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Aneri Fincap's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Aneri Fincap's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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.


Aneri Fincap  (BOM:531252) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Aneri Fincap Debt-to-Equity Related Terms

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


Aneri Fincap (BOM:531252) Business Description

Traded in Other Exchanges
N/A
Address
Kanchpada, Off. Link Road, Unit No. - 310, B2B Centre Co-operative Premises Society Ltd, Malad (West), Mumbai, MH, IND, 400064
Aneri Fincap Ltd is a non-banking financial company engaged in the business of loans and advances. It offers a wide range of secured and unsecured loans to its customers and serves both retail and commercial clients.

Aneri Fincap (BOM:531252) Headlines

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