GTL (BOM:500160) Debt-to-Equity : -0.96 (As of Mar. 2024)

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What is GTL Debt-to-Equity?

GTL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹54,997 Mil. GTL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹2,845 Mil. GTL's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹-60,214 Mil. GTL's debt to equity for the quarter that ended in Mar. 2024 was -0.96.

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

BOM:500160' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.96 Med: -0.4 Max: -0.09
Current: -0.96

During the past 13 years, the highest Debt-to-Equity Ratio of GTL was -0.09. The lowest was -0.96. And the median was -0.40.

BOM:500160's Debt-to-Equity is not ranked
in the Telecommunication Services industry.
Industry Median: 0.64 vs BOM:500160: -0.96

GTL Debt-to-Equity Historical Data

The historical data trend for GTL'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.

GTL Debt-to-Equity Chart

GTL Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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-0.33

-0.95

-0.94

-0.96

GTL 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															-0.94	N/A	-0.97	N/A	-0.96

Competitive Comparison of GTL's Debt-to-Equity

For the Telecom Services subindustry, GTL'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.

GTL's Debt-to-Equity Distribution in the Telecommunication Services Industry

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

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

GTL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

GTL'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
	=	(54997.395	+	2844.872)	/	-60213.576
	=	-0.96

GTL'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
	=	(54997.395	+	2844.872)	/	-60213.576
	=	-0.96

GTL (BOM:500160) 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.

GTL Debt-to-Equity Related Terms

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

GTL (BOM:500160) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » GTL Ltd (BOM:500160) » Definitions » Debt-to-Equity

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GTL:India

Address

29, Walchand Hirachand Marg, 412, Janmabhoomi Chambers, Ballard Estate, Mumbai, MH, IND, 400 001

Website

http://www.gtllimited.com

GTL Ltd is a network service company that offers services and solutions to address the network life cycle requirements of telecom operators, technology providers, and tower companies. It also provides consulting solutions, site acquisition services, and network rollout. The company operates in one business segment which is Network Services. Its service line consists of telecom network services, energy management and operation maintenance, and telecom turnkey projects.

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