GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Sugal & Damani Share Brokers Ltd (BOM:511654) » Definitions » Liabilities-to-Assets

Sugal & Damani Share Brokers (BOM:511654) Liabilities-to-Assets : 0.23 (As of Mar. 2024)


View and export this data going back to 2001. Start your Free Trial

What is Sugal & Damani Share Brokers Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Sugal & Damani Share Brokers's Total Liabilities for the quarter that ended in Mar. 2024 was ₹62.44 Mil. Sugal & Damani Share Brokers's Total Assets for the quarter that ended in Mar. 2024 was ₹275.06 Mil. Therefore, Sugal & Damani Share Brokers's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.23.


Sugal & Damani Share Brokers Liabilities-to-Assets Historical Data

The historical data trend for Sugal & Damani Share Brokers's Liabilities-to-Assets 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.

Sugal & Damani Share Brokers Liabilities-to-Assets Chart

Sugal & Damani Share Brokers Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.49 0.10 0.09 0.13 0.23

Sugal & Damani Share Brokers Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.13 - 0.33 - 0.23

Competitive Comparison of Sugal & Damani Share Brokers's Liabilities-to-Assets

For the Capital Markets subindustry, Sugal & Damani Share Brokers's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Sugal & Damani Share Brokers's Liabilities-to-Assets Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Sugal & Damani Share Brokers's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Sugal & Damani Share Brokers's Liabilities-to-Assets falls into.



Sugal & Damani Share Brokers Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Sugal & Damani Share Brokers's Liabilities-to-Assets Ratio for the fiscal year that ended in Mar. 2024 is calculated as:

Liabilities-to-Assets (A: Mar. 2024 )=Total Liabilities/Total Assets
=62.439/275.056
=0.23

Sugal & Damani Share Brokers's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=62.439/275.056
=0.23

* 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.


Sugal & Damani Share Brokers  (BOM:511654) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Sugal & Damani Share Brokers Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of Sugal & Damani Share Brokers's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Sugal & Damani Share Brokers (BOM:511654) Business Description

Traded in Other Exchanges
N/A
Address
No.7, Anna Salai, City Centre Plaza, 1st floor, Chennai, TN, IND, 600002
Sugal & Damani Share Brokers Ltd provides share broking services in India. It engages in the brokerage and distribution of equities, commodities; and provision of Internet trading, depository, FPOs underwriting and broking, and other financial and advisory services. The Company operates only in one segment of business which is Share Broking. The company also provides brokerage and distribution of equities, commodity trading, equity and derivatives trading, depository services and online trading services.

Sugal & Damani Share Brokers (BOM:511654) Headlines

No Headlines