Max Financial Services Limited (MFSL) - Total Liabilities
Based on the latest financial reports, Max Financial Services Limited (MFSL) has total liabilities worth Rs1.93 Trillion INR (≈ $20.82 Billion USD) as of March 2026. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities. Explore Max Financial Services Limited (MFSL) long-term investment share to see how much of total assets are deployed in long-term investments.
Max Financial Services Limited - Total Liabilities Trend (2004–2026)
This chart illustrates how Max Financial Services Limited's total liabilities have evolved over time, based on quarterly financial data. For the complete balance sheet picture, see Max Financial Services Limited total assets.
Max Financial Services Limited Competitors by Total Liabilities
The table below lists competitors of Max Financial Services Limited ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
ChinaLin Securities Co Ltd
SHE:002945
|
China | CN¥29.12 Billion |
|
TECHNOLOGY ONE LTD.
F:RW8
|
Germany | €440.70 Million |
|
Jiangsu Sidike New Materials Sci Te
SHE:300806
|
China | CN¥5.43 Billion |
|
West Fraser Timber Co Ltd
NYSE:WFG
|
USA | $1.87 Billion |
|
AMMB Holdings Bhd
KLSE:1015
|
Malaysia | RM192.65 Billion |
|
Mercury General Corporation
NYSE:MCY
|
USA | $7.28 Billion |
|
Argan Inc
NYSE:AGX
|
USA | $812.93 Million |
|
Goke Microelectronics Co Ltd
SHE:300672
|
China | CN¥3.07 Billion |
Liability Composition Analysis (2004–2026)
This chart breaks down Max Financial Services Limited's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. See Max Financial Services Limited (MFSL) balance sheet quality index to measure how much of total assets are equity-financed.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | N/A | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 36.45 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.97 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Max Financial Services Limited's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Max Financial Services Limited (2004–2026)
The table below shows the annual total liabilities of Max Financial Services Limited from 2004 to 2026.
| Year | Total Liabilities | Change |
|---|---|---|
| 2026-03-31 | Rs1.93 Trillion ≈ $20.82 Billion |
+4.86% |
| 2025-03-31 | Rs1.84 Trillion ≈ $19.86 Billion |
+15.90% |
| 2024-03-31 | Rs1.58 Trillion ≈ $17.13 Billion |
+23.89% |
| 2023-03-31 | Rs1.28 Trillion ≈ $13.83 Billion |
+12.88% |
| 2022-03-31 | Rs1.13 Trillion ≈ $12.25 Billion |
+19.82% |
| 2021-03-31 | Rs945.27 Billion ≈ $10.22 Billion |
+31.82% |
| 2020-03-31 | Rs717.07 Billion ≈ $7.75 Billion |
+11.39% |
| 2019-03-31 | Rs643.78 Billion ≈ $6.96 Billion |
+24.04% |
| 2018-03-31 | Rs518.99 Billion ≈ $5.61 Billion |
+18.88% |
| 2017-03-31 | Rs436.56 Billion ≈ $4.72 Billion |
+23.05% |
| 2016-03-31 | Rs354.79 Billion ≈ $3.84 Billion |
+12.33% |
| 2015-03-31 | Rs315.84 Billion ≈ $3.42 Billion |
+25.10% |
| 2014-03-31 | Rs252.47 Billion ≈ $2.73 Billion |
+20.14% |
| 2013-03-31 | Rs210.15 Billion ≈ $2.27 Billion |
+20.58% |
| 2012-03-31 | Rs174.29 Billion ≈ $1.88 Billion |
+16.96% |
| 2011-03-31 | Rs149.02 Billion ≈ $1.61 Billion |
+34.23% |
| 2010-03-31 | Rs111.01 Billion ≈ $1.20 Billion |
+82.19% |
| 2009-03-31 | Rs60.93 Billion ≈ $658.97 Million |
+35.64% |
| 2008-03-31 | Rs44.92 Billion ≈ $485.81 Million |
+77.40% |
| 2007-03-31 | Rs25.32 Billion ≈ $273.85 Million |
+79.54% |
| 2006-03-31 | Rs14.10 Billion ≈ $152.53 Million |
+41.30% |
| 2005-03-31 | Rs9.98 Billion ≈ $107.95 Million |
+226.32% |
| 2004-03-31 | Rs3.06 Billion ≈ $33.08 Million |
-- |
About Max Financial Services Limited
Max Financial Services Limited, through its subsidiary, engages in life insurance business in India. The company operates through Business Investments and Others, and Life Insurance segments. It offers participating and nonparticipating and linked products covering life insurance, pension and health benefits, including riders for individual and group through individual agents, corporate agents, b… Read more