AXISCADES Technologies (BOM:532395) Debt-to-Equity : 0.42 (As of Sep. 2024)

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What is AXISCADES Technologies Debt-to-Equity?

AXISCADES Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹1,424 Mil. AXISCADES Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹1,130 Mil. AXISCADES Technologies's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₹6,073 Mil. AXISCADES Technologies's debt to equity for the quarter that ended in Sep. 2024 was 0.42.

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

BOM:532395' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1 Med: 0.46 Max: 1.2
Current: 0.42

During the past 13 years, the highest Debt-to-Equity Ratio of AXISCADES Technologies was 1.20. The lowest was 0.10. And the median was 0.46.

BOM:532395's Debt-to-Equity is ranked better than
51.37% of 1565 companies
in the Construction industry
Industry Median: 0.44 vs BOM:532395: 0.42

AXISCADES Technologies Debt-to-Equity Historical Data

The historical data trend for AXISCADES 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.

AXISCADES Technologies Debt-to-Equity Chart

AXISCADES Technologies Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.55

0.35

0.22

1.02

0.55

AXISCADES Technologies Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															1.20	N/A	0.55	N/A	0.42

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

For the Engineering & Construction subindustry, AXISCADES 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.

AXISCADES Technologies's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, AXISCADES Technologies's Debt-to-Equity distribution charts can be found below:

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

AXISCADES Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

AXISCADES 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
	=	(1487.352	+	1701.87)	/	5853.611
	=	0.54

AXISCADES Technologies's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(1423.854	+	1130.081)	/	6073.409
	=	0.42

AXISCADES Technologies (BOM:532395) 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.

AXISCADES Technologies Debt-to-Equity Related Terms

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AXISCADES Technologies Business Description

Industry

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AXISCADES:India

Address

Kirloskar Business Park, Block C, Second Floor, Hebbal, Bengaluru, KA, IND, 560 024

Website

https://www.axiscades.com

AXISCADES Technologies Ltd is engaged in the business of Engineering Design Services. The company's operating segment includes Technology Services and Solutions and Strategic technology solutions. It generates maximum revenue from the Technology Services and Solutions segment. The Technology Services and Solutions is involved in providing Product Design, Engineering, research and development services. Geographically, it derives a majority of its revenue from Outside India. It serves aerospace; automotive; off-highway and industrial; defence; energy and medical devices industries.

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