DiGiSPICE Technologies (BOM:517214) Debt-to-Equity : 0.11 (As of Mar. 2024)

View and export this data going back to 1991. Start your Free Trial

What is DiGiSPICE Technologies Debt-to-Equity?

DiGiSPICE Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹259 Mil. DiGiSPICE Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹2 Mil. DiGiSPICE Technologies's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹2,454 Mil. DiGiSPICE Technologies's debt to equity for the quarter that ended in Mar. 2024 was 0.11.

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

BOM:517214' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.13 Max: 0.36
Current: 0.11

During the past 13 years, the highest Debt-to-Equity Ratio of DiGiSPICE Technologies was 0.36. The lowest was 0.02. And the median was 0.13.

BOM:517214's Debt-to-Equity is ranked better than
62.99% of 2205 companies
in the Software industry
Industry Median: 0.2 vs BOM:517214: 0.11

DiGiSPICE Technologies Debt-to-Equity Historical Data

The historical data trend for DiGiSPICE 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.

DiGiSPICE Technologies Debt-to-Equity Chart

DiGiSPICE Technologies Annual Data

Trend

Jun14

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

Get a 7-Day Free Trial

0.12

0.14

0.22

0.36

0.11

DiGiSPICE Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															N/A	0.36	0.35	N/A	0.11

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

For the Information Technology Services subindustry, DiGiSPICE 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.

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

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

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

DiGiSPICE Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

DiGiSPICE Technologies'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
	=	(258.649	+	1.748)	/	2454.043
	=	0.11

DiGiSPICE Technologies'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
	=	(258.649	+	1.748)	/	2454.043
	=	0.11

DiGiSPICE Technologies (BOM:517214) 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.

DiGiSPICE Technologies Debt-to-Equity Related Terms

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

DiGiSPICE Technologies (BOM:517214) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » DiGiSPICE Technologies Ltd (BOM:517214) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

DIGISPICE:India

Address

Spice Global Knowledge Park, 19A & 19B, Sector-125, District Gautam Budh Nagar, Noida, UP, IND, 201 301

Website

https://www.digispice.com

DiGiSPICE Technologies Ltd is primarily engaged in the Information and Communication Technology business providing Value Added Services, and Mobile Content services to domestic/international Telecom Operators. Also, the company undertakes the development and sale of telecom-related software. Its single operating segment includes Digital Technology Services (DTS) and Financial Technology services. Geographically, it derives a majority of revenue from India. Its products include DiGi Entertainment Solutions; DiGi Government Solutions; DiGi Financial Solutions and DiGi Enterprise Solutions.

DiGiSPICE Technologies (BOM:517214) Headlines

No Headlines