CES (BOM:512341) Debt-to-Equity : 0.08 (As of Mar. 2023)

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What is CES Debt-to-Equity?

CES's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹87 Mil. CES's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹50 Mil. CES's Total Stockholders Equity for the quarter that ended in Mar. 2023 was ₹1,764 Mil. CES's debt to equity for the quarter that ended in Mar. 2023 was 0.08.

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

BOM:512341' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.11 Max: 0.29
Current: 0.08

During the past 13 years, the highest Debt-to-Equity Ratio of CES was 0.29. The lowest was 0.02. And the median was 0.11.

BOM:512341's Debt-to-Equity is not ranked
in the Software industry.
Industry Median: 0.21 vs BOM:512341: 0.08

CES Debt-to-Equity Historical Data

The historical data trend for CES'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.

CES Debt-to-Equity Chart

CES Annual Data

Trend

Jun14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

Get a 7-Day Free Trial

0.02

0.03

0.02

0.08

CES Semi-Annual Data
	Jun09	Jun10	Jun11	Jun12	Jun13	Jun14	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23
Debt-to-Equity	Get a 7-Day Free Trial									0.02	0.02	0.03	0.02	0.08

Competitive Comparison of CES's Debt-to-Equity

For the Information Technology Services subindustry, CES'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.

CES's Debt-to-Equity Distribution in the Software Industry

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

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

CES Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CES'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
	=	(87.397	+	49.867)	/	1763.784
	=	0.08

CES's Debt to Equity Ratio for the quarter 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
	=	(87.397	+	49.867)	/	1763.784
	=	0.08

CES (BOM:512341) 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.

CES Debt-to-Equity Related Terms

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

CES (BOM:512341) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » CES Ltd (BOM:512341) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

7th Floor, Tower-A, Ramky Selenium, Nanakramguda, Gachibowli, Hyderabad, TG, IND, 500032

Website

https://www.cesltd.com

CES Ltd together with its subsidiaries is an Information Technology and Information Technology Enabled Services provider, dedicated to serving the midsize market of global enterprises. The company provides services that are tailor-made to each customer. The company's services include product engineering, application lifecycle management, enterprise application, e-commerce support alternative asset management services. Its segments include IT Services and IT Enabled Services, which generate the majority of the company's revenue. Geographically the company generates revenue from the USA and India.

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