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The New India Assurance Co (NSE:NIACL) Debt-to-Equity : N/A (As of Dec. 2024)


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What is The New India Assurance Co Debt-to-Equity?

The New India Assurance Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₹0 Mil. The New India Assurance Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₹0 Mil. The New India Assurance Co's Total Stockholders Equity for the quarter that ended in Dec. 2024 was ₹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 The New India Assurance Co's Debt-to-Equity or its related term are showing as below:

NSE:NIACL's Debt-to-Equity is not ranked *
in the Insurance industry.
Industry Median: 0.21
* Ranked among companies with meaningful Debt-to-Equity only.

The New India Assurance Co Debt-to-Equity Historical Data

The historical data trend for The New India Assurance Co'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.

The New India Assurance Co Debt-to-Equity Chart

The New India Assurance Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Equity
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The New India Assurance Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 - N/A - N/A

Competitive Comparison of The New India Assurance Co's Debt-to-Equity

For the Insurance - Diversified subindustry, The New India Assurance Co'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.


The New India Assurance Co's Debt-to-Equity Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, The New India Assurance Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where The New India Assurance Co's Debt-to-Equity falls into.


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The New India Assurance Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

The New India Assurance Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

The New India Assurance Co's Debt to Equity Ratio for the quarter that ended in Dec. 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.


The New India Assurance Co  (NSE:NIACL) 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.


The New India Assurance Co Debt-to-Equity Related Terms

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


The New India Assurance Co Business Description

Traded in Other Exchanges
Address
87, M.G. Road, New India Assurance Building, Fort, Mumbai, MH, IND, 400001
The New India Assurance Co Ltd is a general insurance company in India. Its divisions include fire insurance, marine insurance, motor insurance, travel insurance, property insurance, aviation, engineering, accident and health insurance, and others.

The New India Assurance Co Headlines

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