Reliance Capital Debt/Equity
What is the Debt/Equity of Reliance Capital?
The Debt/Equity of Reliance Capital Limited is -4.17
What is the definition of Debt/Equity?
Debt to equity ratio is a financial ratio indicating the relative proportion of shareholders’ equity and debt used to finance a company’s assets.
lfy (last fiscal year)
The debt to equity ratio is generally calculated by dividing debt by equity. The D/E ratio is also known as risk, gearing or leverage. The two components are often taken from the firm's balance sheet or statement of financial position (so-called book value), but the ratio may also be calculated using market values for both, if the company's debt and equity are publicly traded, or using a combination of book value for debt and market value for equity financially. Preferred stock can be considered part of debt or equity. Attributing preferred shares to one or the other is partially a subjective decision but will also take into account the specific features of the preferred shares. When used to calculate a company's financial leverage, the debt usually includes only the long-term debt.
Debt/Equity of companies in the Finance sector on NSE compared to Reliance Capital
What does Reliance Capital do?
Reliance Capital Limited, a non-banking financial company, primarily engages in lending and investing activities in India. It operates through Finance & Investment, General Insurance, Life Insurance, Commercial Finance, and Others segments. The company offers life, health, and general insurance products; brokerage and distribution services, including equities, commodities and derivatives, wealth management services, portfolio management services, and financial products; and commercial finance services, such mortgages, loans against property, SME loans, loans for vehicles, loans for construction equipment, business loans, infrastructure financing, and retail finance. It also provides asset reconstruction, and proprietary investments services, as well as other financial and allied services. The company was formerly known as Reliance Capital & Finance Trust Limited and changed its name to Reliance Capital Limited in January 1995. Reliance Capital Limited was incorporated in 1986 and is based in Mumbai, India.
Companies with debt/equity similar to Reliance Capital
- Lindblad Expeditions Inc has Debt/Equity of -4.20
- Applied Therapeutics has Debt/Equity of -4.20
- Diamond Power Infrastructure has Debt/Equity of -4.19
- InterContinental Hotels PLC has Debt/Equity of -4.18
- TRF has Debt/Equity of -4.18
- Garden Silk Mills has Debt/Equity of -4.18
- Reliance Capital has Debt/Equity of -4.17
- Youdao has Debt/Equity of -4.17
- SITI Networks has Debt/Equity of -4.16
- Revance Therapeutics Inc has Debt/Equity of -4.16
- Plateau Metals has Debt/Equity of -4.16
- VIVUS has Debt/Equity of -4.15
- Idea Cellular has Debt/Equity of -4.13