JM Financial (NSE:JMFINANCIL) LT-Debt-to-Total-Asset: 0.44 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:JMFINANCIL JM Financial Ltd NSE:JMFINANCIL
68 GF Score
Price ₹127.26
GF Value ₹140.35
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is JM Financial LT-Debt-to-Total-Asset?

JM Financial NSE:JMFINANCIL +2.13% 68 LT-Debt-to-Total-Asset is 0.44 as of Mar. 2026. GuruFocus rates NSE:JMFINANCIL with a GF Score™ of 68/100 and a GF Value™ of ₹140.35 (Fairly Valued). The stock has 1 warning sign investors should review.

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. JM Financial's long-term debt to total assests ratio for the quarter that ended in Mar. 2026 was 0.44.

JM Financial's long-term debt to total assets ratio declined from Mar. 2025 (0.47) to Mar. 2026 (0.44). It may suggest that JM Financial is progressively becoming less dependent on debt to grow their business.

JM Financial  (NSE:JMFINANCIL) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

JM Financial LT-Debt-to-Total-Asset Related Terms

JM Financial LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for JM Financial's LT-Debt-to-Total-Asset 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.

JM Financial LT-Debt-to-Total-Asset Chart

JM Financial Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.52 0.54 0.55 0.47 0.44

JM Financial Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
LT-Debt-to-Total-Asset 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 0.47 0.00 0.46 0.00 0.44
NSE:JMFINANCIL
68GF Score
JM Financial Ltd NSE:JMFINANCIL
LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JM Financial LT-Debt-to-Total-Asset Calculation

JM Financial's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2026 is calculated as

LT Debt to Total Assets (A: Mar. 2026 )=Long-Term Debt & Capital Lease Obligation (A: Mar. 2026 )/Total Assets (A: Mar. 2026 )
=116694.4/265372.2
=0.44

JM Financial's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

LT Debt to Total Assets (Q: Mar. 2026 )=Long-Term Debt & Capital Lease Obligation (Q: Mar. 2026 )/Total Assets (Q: Mar. 2026 )
=116694.4/265372.2
=0.44

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.44 mean?
JM Financial (NSE:JMFINANCIL) has a LT-Debt-to-Total-Asset of 0.44 as of Mar. 2026. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on JM Financial and its competitors.
Is JM Financial's LT-Debt-to-Total-Asset too high?
JM Financial's current LT-Debt-to-Total-Asset is 0.44. Overall, JM Financial has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does JM Financial's LT-Debt-to-Total-Asset compare to MS and GS?
JM Financial's LT-Debt-to-Total-Asset of 0.44 can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Capital Markets company?
A good LT-Debt-to-Total-Asset depends on the Capital Markets industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on JM Financial and its competitors. JM Financial's current LT-Debt-to-Total-Asset is 0.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JM Financial stock overvalued right now?
Based on GuruFocus' analysis, JM Financial (NSE:JMFINANCIL) is currently considered Fairly Valued. The stock's GF Value™ is ₹140.35, compared to a current price of ₹127.26 — trading 9.3% below its estimated fair value. The current LT-Debt-to-Total-Asset is 0.44. JM Financial's overall GF Score™ is 68/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For JM Financial (NSE:JMFINANCIL), the current LT-Debt-to-Total-Asset is 0.44 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is JM Financial (NSE:JMFINANCIL) Overvalued in 2026?

Based on GuruFocus' analysis, JM Financial stock appears to be undervalued. The current stock price of ₹127.26 is trading 9.3% below its estimated GF Value™ of ₹140.35. GuruFocus considers JM Financial to be Fairly Valued.

Key valuation signals for NSE:JMFINANCIL:

  • LT-Debt-to-Total-Asset: 0.44
  • GF Value™: ₹140.35 vs. price of ₹127.26 (9.3% below fair value)
  • GF Score™: 68/100 with 1 warning sign

No single metric tells the full story. See the NSE:JMFINANCIL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

JM Financial Business Description

Other Exchanges 523405:India
Address Appasaheb Marathe Marg, 7th Floor, Cnergy, Prabhadevi, Mumbai, MH, IND, 400 025
JM Financial Ltd is an India-based financial services group, specialising in providing a range of businesses to corporations, financial institutions, high-net-worth individuals, and retail investors. Its operating segment includes Investment Banking; Asset Management, Wealth Management and Securities Business (Platform AWS); Mortgage Lending; Alternative & Distressed Credit; and Others. The Investment Banking segment, which is the key revenue-generating segment, includes management of capital markets transactions, advising on mergers & acquisitions, and private equity syndication. This segment also includes institutional equities business and research, private wealth management, PMS, private equity funds, fixed income, syndication, and finance.
68GF Score

Get the complete analysis for NSE:JMFINANCIL

LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹127.26
Price
₹140.35
GF Value