Silicon Rental Solutions (BOM:543615) Debt-to-Equity : 0.15 (As of Sep. 2023)

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What is Silicon Rental Solutions Debt-to-Equity?

Silicon Rental Solutions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹0.0 Mil. Silicon Rental Solutions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹87.3 Mil. Silicon Rental Solutions's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹568.2 Mil. Silicon Rental Solutions's debt to equity for the quarter that ended in Sep. 2023 was 0.15.

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 Silicon Rental Solutions's Debt-to-Equity or its related term are showing as below:

BOM:543615' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.98 Max: 3.59
Current: 0.15

During the past 7 years, the highest Debt-to-Equity Ratio of Silicon Rental Solutions was 3.59. The lowest was 0.04. And the median was 0.98.

BOM:543615's Debt-to-Equity is ranked better than
57.05% of 2219 companies
in the Software industry
Industry Median: 0.21 vs BOM:543615: 0.15

Silicon Rental Solutions Debt-to-Equity Historical Data

The historical data trend for Silicon Rental Solutions'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.

Silicon Rental Solutions Debt-to-Equity Chart

Silicon Rental Solutions Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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2.29

1.04

0.95

0.98

0.04

Silicon Rental Solutions Semi-Annual Data
	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial				0.95	0.98	N/A	0.04	0.15

Competitive Comparison of Silicon Rental Solutions's Debt-to-Equity

For the Information Technology Services subindustry, Silicon Rental Solutions'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.

Silicon Rental Solutions's Debt-to-Equity Distribution in the Software Industry

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

* The bar in red indicates where Silicon Rental Solutions's Debt-to-Equity falls into.

Silicon Rental Solutions Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Silicon Rental Solutions's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 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
	=	(1.03	+	17.759)	/	509.369
	=	0.04

Silicon Rental Solutions's Debt to Equity Ratio for the quarter that ended in Sep. 2023 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
	=	(0	+	87.254)	/	568.225
	=	0.15

Silicon Rental Solutions (BOM:543615) 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.

Silicon Rental Solutions Debt-to-Equity Related Terms

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

Silicon Rental Solutions (BOM:543615) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Silicon Rental Solutions Ltd (BOM:543615) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot No. 579/580, 5th Road, 5, Mohini Heights, Ground Floor, Khar (West), Mumbai, MH, IND, 400052

Website

https://www.silicongroup1.com

Silicon Rental Solutions Ltd is an IT equipment outsourcing company. It is engaged in providing end-to-end IT equipment on a rental and returnable basis in India. It provides laptops, desktops, printers, servers, and other peripherals like CCTV cameras, projectors, storage devices, etc., mainly to small, medium, and large corporate.

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