Globesecure Technologies (NSE:GSTL) Debt-to-Equity : 0.56 (As of Sep. 2023)

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What is Globesecure Technologies Debt-to-Equity?

Globesecure Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹81.3 Mil. Globesecure Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹32.4 Mil. Globesecure Technologies's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹203.5 Mil. Globesecure Technologies's debt to equity for the quarter that ended in Sep. 2023 was 0.56.

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

NSE:GSTL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.3 Med: 0.48 Max: 1.04
Current: 0.56

During the past 5 years, the highest Debt-to-Equity Ratio of Globesecure Technologies was 1.04. The lowest was 0.30. And the median was 0.48.

NSE:GSTL's Debt-to-Equity is ranked worse than
73.25% of 2224 companies
in the Software industry
Industry Median: 0.21 vs NSE:GSTL: 0.56

Globesecure Technologies Debt-to-Equity Historical Data

The historical data trend for Globesecure 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.

Globesecure Technologies Debt-to-Equity Chart

Globesecure Technologies Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

0.30

0.33

1.04

0.84

0.36

Globesecure Technologies Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial			N/A	0.84	0.48	0.36	0.56

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

For the Software - Infrastructure subindustry, Globesecure 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.

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

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

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

Globesecure Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Globesecure Technologies'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
	=	(52.634	+	19.135)	/	201.444
	=	0.36

Globesecure Technologies'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
	=	(81.344	+	32.403)	/	203.508
	=	0.56

Globesecure Technologies (NSE:GSTL) 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.

Globesecure Technologies Debt-to-Equity Related Terms

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Globesecure Technologies (NSE:GSTL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Globesecure Technologies Ltd (NSE:GSTL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

B-614, 215 Atrium, Kanakia Spacs, Near Courtyard Marriott Hotel, Andheri (East), Mumbai, MH, IND, 400069

Website

https://www.globesecure.in

Globesecure Technologies Ltd is a digital transformation company in India that offers cyber security services. The company's business line is classified into three divisions namely Cyber Security, Integrated Enterprise Solutions, and Managed Services including cyber forensics, cyber security, data security services, protection of computer networks, Email security, server consolidation and transformation, hosting, infrastructure-as-a-service, cloud-based big data and analytics solution, application modernization and others. The company generates its revenue from Sales of IT and IT-enabled services.

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