Mahanagar Telephone Nigam (BOM:500108) Debt-to-Equity : N/A (As of Dec. 2023)

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What is Mahanagar Telephone Nigam Debt-to-Equity?

Mahanagar Telephone Nigam's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Mahanagar Telephone Nigam's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Mahanagar Telephone Nigam's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹0 Mil.

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 Mahanagar Telephone Nigam's Debt-to-Equity or its related term are showing as below:

BOM:500108' s Debt-to-Equity Range Over the Past 10 Years
Min: -33.19 Med: -1.53 Max: 7.87
Current: -1.31

During the past 13 years, the highest Debt-to-Equity Ratio of Mahanagar Telephone Nigam was 7.87. The lowest was -33.19. And the median was -1.53.

BOM:500108's Debt-to-Equity is not ranked
in the Telecommunication Services industry.
Industry Median: 0.65 vs BOM:500108: -1.31

Mahanagar Telephone Nigam Debt-to-Equity Historical Data

The historical data trend for Mahanagar Telephone Nigam'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.

Mahanagar Telephone Nigam Debt-to-Equity Chart

Mahanagar Telephone Nigam Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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-2.03

-1.72

-1.60

-1.44

-1.36

Mahanagar Telephone Nigam Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															N/A	-1.36	N/A	-1.31	N/A

Competitive Comparison of Mahanagar Telephone Nigam's Debt-to-Equity

For the Telecom Services subindustry, Mahanagar Telephone Nigam'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.

Mahanagar Telephone Nigam's Debt-to-Equity Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Mahanagar Telephone Nigam's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Mahanagar Telephone Nigam's Debt-to-Equity falls into.

Mahanagar Telephone Nigam Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mahanagar Telephone Nigam'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
	=	(87334.5	+	196175)	/	-208549.4
	=	-1.36

Mahanagar Telephone Nigam's Debt to Equity Ratio for the quarter 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
	=	(0	+	0)	/	0
	=	N/A

Mahanagar Telephone Nigam (BOM:500108) 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.

Mahanagar Telephone Nigam Debt-to-Equity Related Terms

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Mahanagar Telephone Nigam (BOM:500108) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Mahanagar Telephone Nigam Ltd (BOM:500108) » Definitions » Debt-to-Equity

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MTNL:India

Address

Lodhi Road, 5th Floor, 9, CGO Complex, Mahanagar Doorsanchar Sadan, New Delhi, IND, 110 003

Website

https://www.mtnl.in

Mahanagar Telephone Nigam Ltd is an India-based company engaged in providing telecommunications services. The company's operating segment includes the Basic and Cellular segments. It generates maximum revenue from the Basic segment. The company provides a host of telecom services that include fixed telephone service, GSM (including 3G services), Internet, Broadband, ISDN, and Leased Line services.

Mahanagar Telephone Nigam (BOM:500108) Headlines

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