Nuvama Wealth Management (NSE:NUVAMA) Debt-to-Equity : 2.40 (As of Sep. 2023)

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What is Nuvama Wealth Management Debt-to-Equity?

Nuvama Wealth Management's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹0 Mil. Nuvama Wealth Management's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹60,039 Mil. Nuvama Wealth Management's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹25,019 Mil. Nuvama Wealth Management's debt to equity for the quarter that ended in Sep. 2023 was 2.40.

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 Nuvama Wealth Management's Debt-to-Equity or its related term are showing as below:

NSE:NUVAMA' s Debt-to-Equity Range Over the Past 10 Years
Min: 2.4 Med: 2.4 Max: 2.4
Current: 2.4

During the past 0 years, the highest Debt-to-Equity Ratio of Nuvama Wealth Management was 2.40. The lowest was 2.40. And the median was 2.40.

NSE:NUVAMA's Debt-to-Equity is ranked worse than
96.05% of 1013 companies
in the Asset Management industry
Industry Median: 0.19 vs NSE:NUVAMA: 2.40

Nuvama Wealth Management Debt-to-Equity Historical Data

The historical data trend for Nuvama Wealth Management'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.

Nuvama Wealth Management Debt-to-Equity Chart

Nuvama Wealth Management Annual Data

Trend

Debt-to-Equity

Nuvama Wealth Management Semi-Annual Data
	Sep22	Sep23
Debt-to-Equity	N/A	2.40

Competitive Comparison of Nuvama Wealth Management's Debt-to-Equity

For the Asset Management subindustry, Nuvama Wealth Management'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.

Nuvama Wealth Management's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuvama Wealth Management's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Nuvama Wealth Management's Debt-to-Equity falls into.

Nuvama Wealth Management Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nuvama Wealth Management's Debt to Equity Ratio for the fiscal year that ended in . 20 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
	=	(	+	)	/	N/A
	=	N/A

Nuvama Wealth Management's Debt to Equity Ratio for the quarter that ended in Sep. 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	+	60038.8)	/	25018.7
	=	2.40

Nuvama Wealth Management (NSE:NUVAMA) 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.

Nuvama Wealth Management Debt-to-Equity Related Terms

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

Nuvama Wealth Management (NSE:NUVAMA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Nuvama Wealth Management Ltd (NSE:NUVAMA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

543988:India

Address

BKC Main Road, 8th floor, Inspire BKC, G Block, Bandra Kurla Complex, Bandra East, Mumbai, MH, IND, 400051

Website

https://www.nuvamaprivate.com

Nuvama Wealth Management Ltd is an India-based leading wealth management solution provider with a presence across wealth & investment management, institutional securities, and custodial and advisory services. Its purpose is to help its clients capture opportunities and trends in financial markets and protect them from risks in a volatile world.

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