Avonmore Capital & Management Services (NSE:AVONMORE) Debt-to-Equity : 0.09 (As of Mar. 2024)

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What is Avonmore Capital & Management Services Debt-to-Equity?

Avonmore Capital & Management Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0 Mil. Avonmore Capital & Management Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹261 Mil. Avonmore Capital & Management Services's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹3,016 Mil. Avonmore Capital & Management Services's debt to equity for the quarter that ended in Mar. 2024 was 0.09.

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 Avonmore Capital & Management Services's Debt-to-Equity or its related term are showing as below:

NSE:AVONMORE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.14 Max: 0.39
Current: 0.09

During the past 13 years, the highest Debt-to-Equity Ratio of Avonmore Capital & Management Services was 0.39. The lowest was 0.01. And the median was 0.14.

NSE:AVONMORE's Debt-to-Equity is ranked better than
72.19% of 604 companies
in the Capital Markets industry
Industry Median: 0.35 vs NSE:AVONMORE: 0.09

Avonmore Capital & Management Services Debt-to-Equity Historical Data

The historical data trend for Avonmore Capital & Management Services'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.

Avonmore Capital & Management Services Debt-to-Equity Chart

Avonmore Capital & Management Services Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.18

0.12

0.09

0.10

0.09

Avonmore Capital & Management Services Quarterly Data
	Mar19	Jun19	Sep19	Dec19	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															0.10	N/A	0.08	N/A	0.09

Competitive Comparison of Avonmore Capital & Management Services's Debt-to-Equity

For the Capital Markets subindustry, Avonmore Capital & Management Services'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.

Avonmore Capital & Management Services's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Avonmore Capital & Management Services's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Avonmore Capital & Management Services's Debt-to-Equity falls into.

Avonmore Capital & Management Services Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Avonmore Capital & Management Services'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	+	260.7)	/	3015.9
	=	0.09

Avonmore Capital & Management Services'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	+	260.7)	/	3015.9
	=	0.09

Avonmore Capital & Management Services (NSE:AVONMORE) 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.

Avonmore Capital & Management Services Debt-to-Equity Related Terms

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

Avonmore Capital & Management Services (NSE:AVONMORE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Avonmore Capital & Management Services Ltd (NSE:AVONMORE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

511589:India

Address

F-33/3, Okhla Industrial Area, Phase-II, New Delhi, IND, 110 020

Website

https://www.avonmorecapital.in/

Avonmore Capital & Management Services Ltd is a non-banking financial institution. The company's business segments are debt and equity market operations which comprise trading in securities and bonds; consultancy and advisory fees comprise merchant banking, underwriting commission, corporate and infrastructure advisory, and loan syndication fees and arranger of debts; investment activities comprise profit on the sale of an investment; finance activities comprise granting of loans; wealth advisory/broking activities; healthcare activities comprises to establish, administer, own and run the eye care hospitals. Wealth / Broking activities comprises commodity broking on various commodity exchanges in the country, stock and share broking on National Stock Exchange of India Limited.

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