HCL Technologies (BOM:532281) Debt-to-Equity : 0.08 (As of Mar. 2024)

View and export this data going back to 2000. Start your Free Trial

What is HCL Technologies Debt-to-Equity?

HCL Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹11,940 Mil. HCL Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹45,620 Mil. HCL Technologies's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹682,630 Mil. HCL Technologies's debt to equity for the quarter that ended in Mar. 2024 was 0.08.

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 HCL Technologies's Debt-to-Equity or its related term are showing as below:

BOM:532281' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.08 Max: 0.16
Current: 0.08

During the past 13 years, the highest Debt-to-Equity Ratio of HCL Technologies was 0.16. The lowest was 0.02. And the median was 0.08.

BOM:532281's Debt-to-Equity is ranked better than
69.27% of 2219 companies
in the Software industry
Industry Median: 0.21 vs BOM:532281: 0.08

HCL Technologies Debt-to-Equity Historical Data

The historical data trend for HCL Technologies'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.

HCL Technologies Debt-to-Equity Chart

HCL Technologies Annual Data

Trend

Jun14

Jun15

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

Get a 7-Day Free Trial

0.16

0.11

0.10

0.07

0.08

HCL Technologies Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.07	N/A	0.08	N/A	0.08

Competitive Comparison of HCL Technologies's Debt-to-Equity

For the Information Technology Services subindustry, HCL Technologies'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.

HCL Technologies's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, HCL Technologies's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where HCL Technologies's Debt-to-Equity falls into.

HCL Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

HCL Technologies'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
	=	(11940	+	45620)	/	682630
	=	0.08

HCL Technologies'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
	=	(11940	+	45620)	/	682630
	=	0.08

HCL Technologies (BOM:532281) 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.

HCL Technologies Debt-to-Equity Related Terms

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

HCL Technologies (BOM:532281) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » HCL Technologies Ltd (BOM:532281) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

HCLTECH:India

Address

Technology Hub, Special Economic Zone, Plot No. 3A, Sector 126, Noida, UP, IND, 201 304

Website

https://www.hcltech.com

HCL Technologies Ltd provides enterprises with IT solutions in India. It focuses on offering Digital, Internet of Things Services, Cloud, Automation, Cybersecurity, Infrastructure Management, and Engineering Services to solve business problems for clients. While the company is based in India, it has international clients in a large number of countries. It offers solutions to a variety of industries including Financial Services, Public Services, Consumer Services, Healthcare, and Manufacturing. It operates in three segments IT and Business Services, Engineering and R&D Services, and Products and Platforms. The firm emphasizes consultation services for firms, with the goal to offer them digital and design solutions. Most of the firm's revenue comes from IT and Business Services segment.

HCL Technologies (BOM:532281) Headlines

No Headlines