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Life Insurance of India (NSE:LICI) Debt-to-Equity : 0.00 (As of Mar. 2024)


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What is Life Insurance of India Debt-to-Equity?

Life Insurance of India's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0 Mil. Life Insurance of India's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0 Mil. Life Insurance of India's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹827,469 Mil. Life Insurance of India's debt to equity for the quarter that ended in Mar. 2024 was 0.00.

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 Life Insurance of India's Debt-to-Equity or its related term are showing as below:

During the past 6 years, the highest Debt-to-Equity Ratio of Life Insurance of India was 73.67. The lowest was 0.00. And the median was 57.90.

NSE:LICI's Debt-to-Equity is not ranked *
in the Insurance industry.
Industry Median: 0.235
* Ranked among companies with meaningful Debt-to-Equity only.

Life Insurance of India Debt-to-Equity Historical Data

The historical data trend for Life Insurance of 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.

Life Insurance of India Debt-to-Equity Chart

Life Insurance of India Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Equity
Get a 7-Day Free Trial 57.90 - - - -

Life Insurance of India Quarterly Data
Mar19 Mar20 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 - N/A - N/A -

Competitive Comparison of Life Insurance of India's Debt-to-Equity

For the Insurance - Life subindustry, Life Insurance of 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.


Life Insurance of India's Debt-to-Equity Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Life Insurance of India's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Life Insurance of India's Debt-to-Equity falls into.



Life Insurance of India Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Life Insurance of India's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Life Insurance of India'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.


Life Insurance of India  (NSE:LICI) 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.


Life Insurance of India Debt-to-Equity Related Terms

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


Life Insurance of India (NSE:LICI) Business Description

Traded in Other Exchanges
Address
Jeevan Bima Marg, Central Office, Yogakshema, Nariman Point, Mumbai, MH, IND, 400021
Life Insurance Corporation of India is engaged in providing life insurance in India. The company offers diversified product portfolio covering various segments across individual products and approximately 178 group products.

Life Insurance of India (NSE:LICI) Headlines

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