Aditya Birla Sun Life AMC (BOM:543374) Debt-to-Equity : 0.03 (As of Mar. 2024)

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What is Aditya Birla Sun Life AMC Debt-to-Equity?

Aditya Birla Sun Life AMC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0 Mil. Aditya Birla Sun Life AMC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹791 Mil. Aditya Birla Sun Life AMC's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹31,689 Mil. Aditya Birla Sun Life AMC's debt to equity for the quarter that ended in Mar. 2024 was 0.02.

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 Aditya Birla Sun Life AMC's Debt-to-Equity or its related term are showing as below:

BOM:543374' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.03 Max: 0.06
Current: 0.03

During the past 6 years, the highest Debt-to-Equity Ratio of Aditya Birla Sun Life AMC was 0.06. The lowest was 0.02. And the median was 0.03.

BOM:543374's Debt-to-Equity is ranked better than
90.04% of 1014 companies
in the Asset Management industry
Industry Median: 0.19 vs BOM:543374: 0.03

Aditya Birla Sun Life AMC Debt-to-Equity Historical Data

The historical data trend for Aditya Birla Sun Life AMC'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.

Aditya Birla Sun Life AMC Debt-to-Equity Chart

Aditya Birla Sun Life AMC Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.05

0.04

0.03

0.02

0.03

Aditya Birla Sun Life AMC Quarterly Data
	Mar19	Mar20	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial												0.02	N/A	0.03	N/A	0.03

Competitive Comparison of Aditya Birla Sun Life AMC's Debt-to-Equity

For the Asset Management subindustry, Aditya Birla Sun Life AMC'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.

Aditya Birla Sun Life AMC's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Aditya Birla Sun Life AMC's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Aditya Birla Sun Life AMC's Debt-to-Equity falls into.

Aditya Birla Sun Life AMC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Aditya Birla Sun Life AMC'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	+	790.9)	/	31688.8
	=	0.02

Aditya Birla Sun Life AMC'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	+	790.9)	/	31688.8
	=	0.02

Aditya Birla Sun Life AMC (BOM:543374) 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.

Aditya Birla Sun Life AMC Debt-to-Equity Related Terms

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

Aditya Birla Sun Life AMC (BOM:543374) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Aditya Birla Sun Life AMC Ltd (BOM:543374) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

ABSLAMC:India

Address

Senapati Bapat Marg, Elphinstone Road, One World Center, Tower 1, 17th Floor, Jupiter Mills, Mumbai, MH, IND, 400 013

Website

https://mutualfund.adityabirlacapital.com

Aditya Birla Sun Life AMC Ltd is primarily the investment manager of Aditya Birla Sun Life Mutual Fund. It also operates multiple alternate strategies including portfolio management services, real estate investments and alternative investment funds.

Aditya Birla Sun Life AMC (BOM:543374) Headlines

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