Tata Consultancy Services (NSE:TCS) Debt-to-Equity : 0.09 (As of Mar. 2024)

View and export this data going back to 2004. Start your Free Trial

What is Tata Consultancy Services Debt-to-Equity?

Tata Consultancy Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹15,050 Mil. Tata Consultancy Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹65,160 Mil. Tata Consultancy Services's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹904,890 Mil. Tata Consultancy Services's debt to equity for the quarter that ended in Mar. 2024 was 0.09.

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 Tata Consultancy Services's Debt-to-Equity or its related term are showing as below:

NSE:TCS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.05 Max: 0.1
Current: 0.09

During the past 13 years, the highest Debt-to-Equity Ratio of Tata Consultancy Services was 0.10. The lowest was 0.01. And the median was 0.05.

NSE:TCS's Debt-to-Equity is ranked better than
67.64% of 2222 companies
in the Software industry
Industry Median: 0.21 vs NSE:TCS: 0.09

Tata Consultancy Services Debt-to-Equity Historical Data

The historical data trend for Tata Consultancy Services'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.

Tata Consultancy Services Debt-to-Equity Chart

Tata Consultancy Services Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

Get a 7-Day Free Trial

0.10

0.09

Tata Consultancy Services 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															0.09	0.08	0.08	N/A	0.09

Competitive Comparison of Tata Consultancy Services's Debt-to-Equity

For the Information Technology Services subindustry, Tata Consultancy Services'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.

Tata Consultancy Services's Debt-to-Equity Distribution in the Software Industry

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

* The bar in red indicates where Tata Consultancy Services's Debt-to-Equity falls into.

Tata Consultancy Services Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tata Consultancy Services'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
	=	(15050	+	65160)	/	904890
	=	0.09

Tata Consultancy Services'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
	=	(15050	+	65160)	/	904890
	=	0.09

Tata Consultancy Services (NSE:TCS) 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.

Tata Consultancy Services Debt-to-Equity Related Terms

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

Tata Consultancy Services (NSE:TCS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Tata Consultancy Services Ltd (NSE:TCS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

532540:India

Address

Raveline Street, TCS House, Fort, Mumbai, MH, IND, 400001

Website

http://www.tcs.com

Tata Consultancy Services is a leading global IT services provider, with nearly 450,000 employees. Based in Mumbai, the India IT services firm leverages its offshore outsourcing model to derive half of its revenue from North America. The company offers traditional IT services offerings: consulting, managed services, and cloud infrastructure services as well as business process outsourcing as a service, or BPaaS.