Magellanic Cloud (BOM:538891) Debt-to-Equity : 0.64 (As of Mar. 2024)

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What is Magellanic Cloud Debt-to-Equity?

Magellanic Cloud's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹589 Mil. Magellanic Cloud's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹2,001 Mil. Magellanic Cloud's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹4,066 Mil. Magellanic Cloud's debt to equity for the quarter that ended in Mar. 2024 was 0.64.

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 Magellanic Cloud's Debt-to-Equity or its related term are showing as below:

BOM:538891' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.62 Max: 1.5
Current: 0.64

During the past 11 years, the highest Debt-to-Equity Ratio of Magellanic Cloud was 1.50. The lowest was 0.02. And the median was 0.62.

BOM:538891's Debt-to-Equity is ranked worse than
76.48% of 2219 companies
in the Software industry
Industry Median: 0.21 vs BOM:538891: 0.64

Magellanic Cloud Debt-to-Equity Historical Data

The historical data trend for Magellanic Cloud'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.

Magellanic Cloud Debt-to-Equity Chart

Magellanic Cloud Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.65

1.50

1.18

0.60

0.64

Magellanic Cloud 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															0.60	N/A	0.69	N/A	0.64

Competitive Comparison of Magellanic Cloud's Debt-to-Equity

For the Information Technology Services subindustry, Magellanic Cloud'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.

Magellanic Cloud's Debt-to-Equity Distribution in the Software Industry

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

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

Magellanic Cloud Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Magellanic Cloud'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
	=	(589.415	+	2001.002)	/	4065.676
	=	0.64

Magellanic Cloud'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
	=	(589.415	+	2001.002)	/	4065.676
	=	0.64

Magellanic Cloud (BOM:538891) 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.

Magellanic Cloud Debt-to-Equity Related Terms

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

Magellanic Cloud (BOM:538891) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Magellanic Cloud Ltd (BOM:538891) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dallas Center, 83/1, Plot No. A1, 6th & 7th Floor, Hyderabad Knowledge City, Rai Durg, Madhapur, Hyderabad, TG, IND, 500032

Website

https://magellanic-cloud.com

Magellanic Cloud Ltd is a provider of IT services. It is engaged in software development, consulting, digital transformation, and DevOps. The company has also ventured into FMCG products. It operates through two segments, namely, IT Consulting Services and FMCG Product Division. The company earns the majority of its revenue from FMCG Product Division.

Magellanic Cloud (BOM:538891) Headlines

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