Aptus Value Housing Finance India (BOM:543335) Debt-to-Equity : 1.38 (As of Mar. 2024)

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What is Aptus Value Housing Finance India Debt-to-Equity?

Aptus Value Housing Finance India's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0 Mil. Aptus Value Housing Finance India's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹51,996 Mil. Aptus Value Housing Finance India's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹37,679 Mil. Aptus Value Housing Finance India's debt to equity for the quarter that ended in Mar. 2024 was 1.38.

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 Aptus Value Housing Finance India's Debt-to-Equity or its related term are showing as below:

BOM:543335' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.94 Med: 1.23 Max: 2.3
Current: 1.38

During the past 6 years, the highest Debt-to-Equity Ratio of Aptus Value Housing Finance India was 2.30. The lowest was 0.94. And the median was 1.23.

BOM:543335's Debt-to-Equity is ranked worse than
74.53% of 1394 companies
in the Banks industry
Industry Median: 0.65 vs BOM:543335: 1.38

Aptus Value Housing Finance India Debt-to-Equity Historical Data

The historical data trend for Aptus Value Housing Finance India'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.

Aptus Value Housing Finance India Debt-to-Equity Chart

Aptus Value Housing Finance India Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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1.18

1.27

0.94

1.14

1.38

Aptus Value Housing Finance India Quarterly Data
	Mar19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial												1.14	N/A	1.22	N/A	1.38

Competitive Comparison of Aptus Value Housing Finance India's Debt-to-Equity

For the Mortgage Finance subindustry, Aptus Value Housing Finance India'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.

Aptus Value Housing Finance India's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Aptus Value Housing Finance India's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Aptus Value Housing Finance India's Debt-to-Equity falls into.

Aptus Value Housing Finance India Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Aptus Value Housing Finance India's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 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	+	51996.122)	/	37679.238
	=	1.38

Aptus Value Housing Finance India's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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	+	51996.122)	/	37679.238
	=	1.38

Aptus Value Housing Finance India (BOM:543335) 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.

Aptus Value Housing Finance India Debt-to-Equity Related Terms

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Aptus Value Housing Finance India (BOM:543335) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Aptus Value Housing Finance India Ltd (BOM:543335) » Definitions » Debt-to-Equity

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APTUS:India

Address

No: 205, Poonamallee High Road, No. 8B, Doshi Towers, 8th Floor, Kilpauk, Chennai, TN, IND, 600 010

Website

https://www.aptusindia.com

Aptus Value Housing Finance India Ltd is a retail-focused housing finance company that primarily serves low and middle-income self-employed customers in the rural and semi-urban markets of India. The company offers home loans to retail customers to purchase homes, construct residential property, house improvement and extension, loans against property, and business loans. It undertakes all types of lending activities such as sourcing, underwriting, valuation, and legal assessment of collateral, credit assessment, and collection. The company's only segment is providing long-term housing finance, loans against property, and refinance loans. Geographically, it derives revenue from India.

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