Abhinav Leasing and Finance (BOM:538952) Debt-to-Equity : N/A (As of Dec. 2023)

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What is Abhinav Leasing and Finance Debt-to-Equity?

Abhinav Leasing and Finance's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.0 Mil. Abhinav Leasing and Finance's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.0 Mil. Abhinav Leasing and Finance's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹0.0 Mil.

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 Abhinav Leasing and Finance's Debt-to-Equity or its related term are showing as below:

BOM:538952' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.18 Med: 1.2 Max: 5.36
Current: 4.51

During the past 10 years, the highest Debt-to-Equity Ratio of Abhinav Leasing and Finance was 5.36. The lowest was 0.18. And the median was 1.20.

BOM:538952's Debt-to-Equity is ranked worse than
84.88% of 430 companies
in the Credit Services industry
Industry Median: 1.185 vs BOM:538952: 4.51

Abhinav Leasing and Finance Debt-to-Equity Historical Data

The historical data trend for Abhinav Leasing and Finance'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.

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Abhinav Leasing and Finance Debt-to-Equity Chart

Abhinav Leasing and Finance Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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5.36

Abhinav Leasing and Finance Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															N/A	5.36	N/A	4.51	N/A

Competitive Comparison of Abhinav Leasing and Finance's Debt-to-Equity

For the Credit Services subindustry, Abhinav Leasing and Finance'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.

Abhinav Leasing and Finance's Debt-to-Equity Distribution in the Credit Services Industry

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

* The bar in red indicates where Abhinav Leasing and Finance's Debt-to-Equity falls into.

Abhinav Leasing and Finance Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Abhinav Leasing and Finance's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	300.5)	/	56.036
	=	5.36

Abhinav Leasing and Finance's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	0)	/	0
	=	N/A

Abhinav Leasing and Finance (BOM:538952) 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.

Abhinav Leasing and Finance Debt-to-Equity Related Terms

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Abhinav Leasing and Finance (BOM:538952) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Abhinav Leasing and Finance Ltd (BOM:538952) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Vikas Marg, S-524, 1st Floor, Shakarpur, New Delhi, IND, 110092

Website

https://www.abhinavleasefinltd.in

Abhinav Leasing and Finance Ltd is an India-based company engaged in trading in shares, financial services, and investment activities. The company is engaged in financing industrial enterprises by way of making loans and advances. It also deals in shares, stocks, debentures, bonds, securities, and other investments. It also finances, corporations and other Individuals by way of loans or advances or subscribing to capital.

Abhinav Leasing and Finance (BOM:538952) Headlines

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