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BFL Asset Finvest (BOM:539662) Debt-to-Equity : N/A (As of Jun. 2024)


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What is BFL Asset Finvest Debt-to-Equity?

BFL Asset Finvest's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ₹0.0 Mil. BFL Asset Finvest's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ₹0.0 Mil. BFL Asset Finvest's Total Stockholders Equity for the quarter that ended in Jun. 2024 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 BFL Asset Finvest's Debt-to-Equity or its related term are showing as below:

BOM:539662' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03   Med: 0.25   Max: 1.5
Current: 0.29

During the past 10 years, the highest Debt-to-Equity Ratio of BFL Asset Finvest was 1.50. The lowest was 0.03. And the median was 0.25.

BOM:539662's Debt-to-Equity is ranked better than
52.86% of 611 companies
in the Capital Markets industry
Industry Median: 0.35 vs BOM:539662: 0.29

BFL Asset Finvest Debt-to-Equity Historical Data

The historical data trend for BFL Asset Finvest'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.

BFL Asset Finvest Debt-to-Equity Chart

BFL Asset Finvest 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 0.59 0.21 0.18 0.17 0.29

BFL Asset Finvest Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 N/A 0.45 N/A 0.29 N/A

Competitive Comparison of BFL Asset Finvest's Debt-to-Equity

For the Capital Markets subindustry, BFL Asset Finvest'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.


BFL Asset Finvest's Debt-to-Equity Distribution in the Capital Markets Industry

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

* The bar in red indicates where BFL Asset Finvest's Debt-to-Equity falls into.



BFL Asset Finvest Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

BFL Asset Finvest's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

BFL Asset Finvest's Debt to Equity Ratio for the quarter that ended in Jun. 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.


BFL Asset Finvest  (BOM:539662) 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.


BFL Asset Finvest Debt-to-Equity Related Terms

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


BFL Asset Finvest Business Description

Traded in Other Exchanges
N/A
Address
Ajmer Road, 1, Tara Nagar, Jaipur, RJ, IND, 302006
BFL Asset Finvest Ltd is an Indian company that operates in finance sector. The company deals in shares and securities, other finances, investments, and futures and options. While the majority of the revenue is earned from sale of share and securities.

BFL Asset Finvest Headlines

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