TVS Electronics (BOM:532513) Debt-to-Equity : 0.41 (As of Mar. 2024)

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What is TVS Electronics Debt-to-Equity?

TVS Electronics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹249 Mil. TVS Electronics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹155 Mil. TVS Electronics's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹988 Mil. TVS Electronics's debt to equity for the quarter that ended in Mar. 2024 was 0.41.

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

BOM:532513' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.33 Max: 1.12
Current: 0.41

During the past 13 years, the highest Debt-to-Equity Ratio of TVS Electronics was 1.12. The lowest was 0.04. And the median was 0.33.

BOM:532513's Debt-to-Equity is ranked worse than
61.16% of 2191 companies
in the Hardware industry
Industry Median: 0.29 vs BOM:532513: 0.41

TVS Electronics Debt-to-Equity Historical Data

The historical data trend for TVS Electronics'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.

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TVS Electronics Debt-to-Equity Chart

TVS Electronics Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

Get a 7-Day Free Trial

0.33

0.08

0.10

0.13

0.41

TVS Electronics 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															0.13	N/A	0.15	N/A	0.41

Competitive Comparison of TVS Electronics's Debt-to-Equity

For the Computer Hardware subindustry, TVS Electronics'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.

TVS Electronics's Debt-to-Equity Distribution in the Hardware Industry

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

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

TVS Electronics Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

TVS Electronics'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
	=	(249.3	+	155.1)	/	987.9
	=	0.41

TVS Electronics'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
	=	(249.3	+	155.1)	/	987.9
	=	0.41

TVS Electronics (BOM:532513) 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.

TVS Electronics Debt-to-Equity Related Terms

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

TVS Electronics (BOM:532513) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » TVS Electronics Ltd (BOM:532513) » Definitions » Debt-to-Equity

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TVSELECT:India

Address

No. 117/1, L.B. Road, Arihant E-Park, 9th Floor, Adyar, Chennai, TN, IND, 600 020

Website

https://www.tvs-e.in

TVS Electronics Ltd is a manufacturer and service provider of Transaction Automation IT Products. The company's operating segments include Products & Solutions; and Customer support services. The company generates maximum revenue from the Products & Solutions segment that design, manufacture, assemble, market, sell and service various transaction automation products like Dot Matrix Printers, Thermal Printers, Label Printers, CCTV Cameras, Mechanical Keyboards, Membrane Keyboards, Mouse, Barcode Scanners, Electronic Cash Registers and Currency Counting Machines. The company provides services for products such as IT products, Telecom, Banking, Retail Automation, Consumer Electronics, and Security Devices.

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