Akme Fintrade (India) (BOM:544200) Debt-to-Equity : N/A (As of Dec. 2024)

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What is Akme Fintrade (India) Debt-to-Equity?

Akme Fintrade (India)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₹0.0 Mil. Akme Fintrade (India)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₹0.0 Mil. Akme Fintrade (India)'s Total Stockholders Equity for the quarter that ended in Dec. 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 Akme Fintrade (India)'s Debt-to-Equity or its related term are showing as below:

BOM:544200' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.56 Med: 1.16 Max: 3.45
Current: 0.56

During the past 4 years, the highest Debt-to-Equity Ratio of Akme Fintrade (India) was 3.45. The lowest was 0.56. And the median was 1.16.

BOM:544200's Debt-to-Equity is ranked better than
67.36% of 432 companies
in the Credit Services industry
Industry Median: 1.195 vs BOM:544200: 0.56

Akme Fintrade (India) Debt-to-Equity Historical Data

The historical data trend for Akme Fintrade (India)'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.

Akme Fintrade (India) Debt-to-Equity Chart

Akme Fintrade (India) Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

3.45

2.29

1.54

0.77

Akme Fintrade (India) Quarterly Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Jun23	Sep23	Dec23	Jun24	Sep24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial						N/A	0.81	N/A	0.56	N/A

Competitive Comparison of Akme Fintrade (India)'s Debt-to-Equity

For the Credit Services subindustry, Akme Fintrade (India)'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.

Akme Fintrade (India)'s Debt-to-Equity Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Akme Fintrade (India)'s Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Akme Fintrade (India)'s Debt-to-Equity falls into.

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Akme Fintrade (India) Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Akme Fintrade (India)'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
	=	(550.625	+	1027.176)	/	2047.811
	=	0.77

Akme Fintrade (India)'s Debt to Equity Ratio for the quarter that ended in Dec. 2024 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

Akme Fintrade (India) (BOM:544200) 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.

Akme Fintrade (India) Debt-to-Equity Related Terms

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Akme Fintrade (India) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Akme Fintrade (India) Ltd (BOM:544200) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

AFIL:India

Address

608, The Summit - Business Bay, behind Guru Nank Petrol Pump, Opposite Cinemax, Prakashwadi Andheri East, Mumbai, MH, IND, 400069

Website

Akme Fintrade (India) Ltd is a non-banking finance company. It is engaged in rural and semi-urban centric lending solutions to look after the needs and aspirations of rural and semi-urban populace. The company's portfolio includes Vehicle Finance and Business Finance Products to small business owners and has footprints in rural and semi-urban geographies in 4 Indian states Rajasthan, Maharashtra, Madhya Pradesh and Gujarat.

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