Abans Holdings (NSE:AHL) Debt-to-Asset : 0.32 (As of Mar. 2024)

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What is Abans Holdings Debt-to-Asset?

Abans Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹7,261 Mil. Abans Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹2,033 Mil. Abans Holdings's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ₹28,974 Mil. Abans Holdings's debt to asset for the quarter that ended in Mar. 2024 was 0.32.

Abans Holdings Debt-to-Asset Historical Data

The historical data trend for Abans Holdings's Debt-to-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.

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Abans Holdings Debt-to-Asset Chart

Abans Holdings Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Asset

0.26

0.23

0.07

0.24

0.32

Abans Holdings Quarterly Data
	Mar20	Mar21	Mar22	Aug22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial					0.24	-	0.30	-	0.32

Competitive Comparison of Abans Holdings's Debt-to-Asset

For the Capital Markets subindustry, Abans Holdings's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

Abans Holdings's Debt-to-Asset Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Abans Holdings's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Abans Holdings's Debt-to-Asset falls into.

Abans Holdings Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Abans Holdings's Debt-to-Asset for the fiscal year that ended in Mar. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(7261.058	+	2032.501)	/	28973.918
	=	0.32

Abans Holdings's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(7261.058	+	2032.501)	/	28973.918
	=	0.32

Abans Holdings (NSE:AHL) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Abans Holdings Debt-to-Asset Related Terms

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Abans Holdings (NSE:AHL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Abans Holdings Ltd (NSE:AHL) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

543712:India

Address

Backbay Reclamation, 36, 37, 38A, Floor 3, 227 Nariman Bhavan, Nariman Point, Mumbai, MH, IND, 400 021

Website

https://www.abansholdings.com

Abans Holdings Ltd is engaged in providing financial services. The principal activities of the Company consist of general trading of agri commodities, precious metals, trading In debentures, securities, and derivative contracts on recognized stock exchanges. The company is also engaged in advisory services like Investment Banking, Corporate Finance, Project Finance, Trade Finance, and providing Business & Retail Loans, unsecured as well as secured against collateral security of immovable property, agricultural stocks, liquid assets like shares, other financial assets, etc. The operating segments are; Agency business, Internal treasury operations, Lending activities, and Others. The majority of its revenue is derived from the Internal treasury operations segment.