Axis Bank (AXISBANK.NS) Debt Metrics
Market Cap: $3.42T
Avg Volume: 8.80M
Industry: Banks - Regional
Sector: Financial Services
How much debt does Axis Bank have?
According to Axis Bank's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
Axis Bank's total debt stands at $2.28T. This is broken down into:
- Long-term debt: $-
- Short-term debt: $-
The company's net debt, which accounts for cash and cash equivalents, is $-1.38T. In terms of overall financial obligations, Axis Bank's total liabilities amount to $13.61T.
Debt Ratios and Metrics
To better understand Axis Bank's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 1.45 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 15.03% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 0.43 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 0.00% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 59.24% - this indicates the total debt in the company's capital structure.
These metrics provide insight into Axis Bank's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$2.28T
Long-term Debt
$-
Short-term Debt
$-
Net Debt
$-1.38T
Total Liabilities
$13.61T
Interest Coverage
0.43
Debt to Equity Ratio
1.45
Debt Ratio
15.03%
Axis Bank Historical Debt Metrics
Axis Bank Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2023.
| Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | $2.28T | $- | $- | $-1.38T | $13.61T | 1.45 | 15.03% | 0.43 | 0.00% | 59.24% |
| 2022 | $2.06T | $2.06T | $- | $975.06B | $12.14T | 1.59 | 15.34% | -0.05 | 61.37% | 61.37% |
| 2021 | $1.82T | $- | $- | $493.00B | $10.77T | 1.54 | 15.20% | 0.37 | 0.00% | 60.57% |
| 2020 | $1.34T | $- | $- | $238.37B | $9.07T | 1.29 | 13.28% | 0.18 | 0.00% | 56.43% |
| 2019 | $1.44T | $- | $- | $-7.02B | $8.41T | 1.66 | 15.47% | 0.03 | 0.00% | 62.44% |
| 2018 | $1.47T | $- | $- | $788.46B | $7.46T | 2.17 | 18.04% | 0.13 | 0.00% | 68.41% |
| 2017 | $1.50T | $- | $- | $842.77B | $6.39T | 2.33 | 21.27% | 1.02 | 0.00% | 69.98% |
| 2016 | $1.12T | $- | $- | $443.82B | $5.55T | 1.99 | 18.39% | 1.22 | 0.00% | 66.61% |
| 2015 | $1.04T | $- | $- | $541.32B | $4.78T | 1.95 | 19.64% | 1.52 | 0.00% | 66.11% |
| 2014 | $843.94B | $- | $- | $320.71B | $4.22T | 1.88 | 18.06% | 1.53 | 0.00% | 65.25% |
Related Metrics
Explore detailed financial metrics and analysis for AXISBANK.NS.