Akiko Global Services (NSE:AKIKO) Debt-to-Equity : 0.17 (As of Mar. 2023)

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What is Akiko Global Services Debt-to-Equity?

Akiko Global Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹0.0 Mil. Akiko Global Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹9.6 Mil. Akiko Global Services's Total Stockholders Equity for the quarter that ended in Mar. 2023 was ₹57.8 Mil. Akiko Global Services's debt to equity for the quarter that ended in Mar. 2023 was 0.17.

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 Akiko Global Services's Debt-to-Equity or its related term are showing as below:

NSE:AKIKO's Debt-to-Equity is not ranked ^*
in the Credit Services industry.
Industry Median: 1.21
* Ranked among companies with meaningful Debt-to-Equity only.

Akiko Global Services Debt-to-Equity Historical Data

The historical data trend for Akiko Global Services'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.

Akiko Global Services Debt-to-Equity Chart

Akiko Global Services Annual Data

Trend

Mar21

Mar22

Mar23

Debt-to-Equity

1.10

0.21

0.17

Akiko Global Services Semi-Annual Data
	Mar21	Mar22	Mar23
Debt-to-Equity	1.10	0.21	0.17

Competitive Comparison of Akiko Global Services's Debt-to-Equity

For the Credit Services subindustry, Akiko Global Services'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.

Akiko Global Services's Debt-to-Equity Distribution in the Credit Services Industry

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

* The bar in red indicates where Akiko Global Services's Debt-to-Equity falls into.

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Akiko Global Services Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Akiko Global Services'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	+	9.589)	/	57.84
	=	0.17

Akiko Global Services's Debt to Equity Ratio for the quarter 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	+	9.589)	/	57.84
	=	0.17

Akiko Global Services (NSE:AKIKO) 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.

Akiko Global Services Debt-to-Equity Related Terms

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Akiko Global Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Akiko Global Services Ltd (NSE:AKIKO) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

11th Floor, Office No. 8/4-D, Vishwadeep Building, District Centre Janak Puri, West Delhi, New Delhi, Delhi, IND, 110058

Website

https://www.themoneyfair.com

Akiko Global Services Ltd is working as a channel partner for crucial banks and Non-Banking Financial Companies (NBFCs) in India. It distributes and sells financial products such as credit cards, loans, and other financial auxiliary services. In day-to-day operations, it uses a Customer Relationship Management (CRM) system.

Akiko Global Services Headlines

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