Sri Lanka Telecom (COL:SLTL.N0000) Debt-to-Equity : 1.07 (As of Mar. 2024)

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What is Sri Lanka Telecom Debt-to-Equity?

Sri Lanka Telecom's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was රු44,738 Mil. Sri Lanka Telecom's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was රු50,110 Mil. Sri Lanka Telecom's Total Stockholders Equity for the quarter that ended in Mar. 2024 was රු88,996 Mil. Sri Lanka Telecom's debt to equity for the quarter that ended in Mar. 2024 was 1.07.

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 Sri Lanka Telecom's Debt-to-Equity or its related term are showing as below:

COL:SLTL.N0000' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.35 Med: 0.7 Max: 1.07
Current: 1.07

During the past 13 years, the highest Debt-to-Equity Ratio of Sri Lanka Telecom was 1.07. The lowest was 0.35. And the median was 0.70.

COL:SLTL.N0000's Debt-to-Equity is ranked worse than
68.02% of 344 companies
in the Telecommunication Services industry
Industry Median: 0.645 vs COL:SLTL.N0000: 1.07

Sri Lanka Telecom Debt-to-Equity Historical Data

The historical data trend for Sri Lanka Telecom'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.

Sri Lanka Telecom Debt-to-Equity Chart

Sri Lanka Telecom Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.93

0.78

0.66

0.78

1.02

Sri Lanka Telecom 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															0.81	0.92	0.97	1.02	1.07

Competitive Comparison of Sri Lanka Telecom's Debt-to-Equity

For the Telecom Services subindustry, Sri Lanka Telecom'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.

Sri Lanka Telecom's Debt-to-Equity Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Sri Lanka Telecom's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Sri Lanka Telecom's Debt-to-Equity falls into.

Sri Lanka Telecom Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sri Lanka Telecom's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(37353	+	52705)	/	88501
	=	1.02

Sri Lanka Telecom'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
	=	(44738	+	50110)	/	88996
	=	1.07

Sri Lanka Telecom (COL:SLTL.N0000) 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.

Sri Lanka Telecom Debt-to-Equity Related Terms

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

Sri Lanka Telecom (COL:SLTL.N0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Sri Lanka Telecom PLC (COL:SLTL.N0000) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lotus Road, P.O. Box 503, Telecom Headquarters, Colombo, LKA, 01

Website

https://www.slt.lk

Sri Lanka Telecom PLC is the National Information and Communications Technology (ICT) solutions, and broadband and infrastructure services provider in Sri Lanka. It operates in three segments, namely, fixed ICT operations, mobile ICT operations, and other segment operations. Fixed ICT operations include the supply of fixed telecommunication services. Mobile ICT operations include the supply of mobile telecommunication services. Other segment operations include Directory publication and support services.

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