IIFL Finance (BOM:532636) Debt-to-Equity : N/A (As of Dec. 2023)

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What is IIFL Finance Debt-to-Equity?

IIFL Finance's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. IIFL Finance's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. IIFL Finance's Total Stockholders Equity for the quarter that ended in Dec. 2023 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 IIFL Finance's Debt-to-Equity or its related term are showing as below:

BOM:532636' s Debt-to-Equity Range Over the Past 10 Years
Min: 4.11 Med: 5.7 Max: 7.24
Current: 4.11

During the past 13 years, the highest Debt-to-Equity Ratio of IIFL Finance was 7.24. The lowest was 4.11. And the median was 5.70.

BOM:532636's Debt-to-Equity is ranked worse than
83.88% of 428 companies
in the Credit Services industry
Industry Median: 1.17 vs BOM:532636: 4.11

IIFL Finance Debt-to-Equity Historical Data

The historical data trend for IIFL Finance'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.

IIFL Finance Debt-to-Equity Chart

IIFL Finance Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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6.09

5.88

6.05

5.58

4.45

IIFL Finance Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															N/A	4.45	N/A	4.11	N/A

Competitive Comparison of IIFL Finance's Debt-to-Equity

For the Credit Services subindustry, IIFL Finance'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.

IIFL Finance's Debt-to-Equity Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, IIFL Finance's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where IIFL Finance's Debt-to-Equity falls into.

IIFL Finance Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

IIFL Finance's Debt to Equity Ratio for the fiscal year that ended in Mar. 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	+	400174.1)	/	89920.6
	=	4.45

IIFL Finance's Debt to Equity Ratio for the quarter that ended in Dec. 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	+	0)	/	0
	=	N/A

IIFL Finance (BOM:532636) 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.

IIFL Finance Debt-to-Equity Related Terms

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

IIFL Finance (BOM:532636) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » IIFL Finance Ltd (BOM:532636) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

IIFL:India

Address

N.S. Phadke Marg, 802, 8 th Floor, Hub Town Solaris, Vijay Nagar, Andheri East, Mumbai, MH, IND, 400069

Website

https://www.iifl.com

IIFL Finance Ltd and its subsidiaries provide financial services in India. The company is based in India and generates all revenue domestically. It operates under two primary business units: core products and synergistic products. Core products account for the firm's offerings of home loans, gold loans, business loans, and microfinance solutions. Synergistic products involve the company's operations in capital markets, construction, and real estate. Home loans and business loans together make up the operating component of its product offerings.

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