Hinduja Global Solutions (BOM:532859) Debt-to-Equity : N/A (As of Dec. 2023)

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What is Hinduja Global Solutions Debt-to-Equity?

Hinduja Global Solutions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Hinduja Global Solutions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Hinduja Global Solutions's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹0 Mil.

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 Hinduja Global Solutions's Debt-to-Equity or its related term are showing as below:

BOM:532859' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.42 Max: 0.84
Current: 0.23

During the past 13 years, the highest Debt-to-Equity Ratio of Hinduja Global Solutions was 0.84. The lowest was 0.04. And the median was 0.42.

BOM:532859's Debt-to-Equity is ranked better than
61.78% of 921 companies
in the Business Services industry
Industry Median: 0.37 vs BOM:532859: 0.23

Hinduja Global Solutions Debt-to-Equity Historical Data

The historical data trend for Hinduja Global Solutions'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.

Hinduja Global Solutions Debt-to-Equity Chart

Hinduja Global Solutions Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.37

0.84

0.57

0.04

0.12

Hinduja Global Solutions Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															N/A	0.12	N/A	0.23	N/A

Competitive Comparison of Hinduja Global Solutions's Debt-to-Equity

For the Specialty Business Services subindustry, Hinduja Global Solutions'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.

Hinduja Global Solutions's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Hinduja Global Solutions's Debt-to-Equity distribution charts can be found below:

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

Hinduja Global Solutions Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hinduja Global Solutions'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
	=	(4741.5	+	5239.299)	/	85632.573
	=	0.12

Hinduja Global Solutions's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(0	+	0)	/	0
	=	N/A

Hinduja Global Solutions (BOM:532859) 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.

Hinduja Global Solutions Debt-to-Equity Related Terms

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

Hinduja Global Solutions (BOM:532859) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Hinduja Global Solutions Ltd (BOM:532859) » Definitions » Debt-to-Equity

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HGS:India

Address

Hosur Road, 1st Floor, Gold Hill Square Software Park, No. 690, Bommanahalli, Bengaluru, KA, IND, 560 068

Website

https://www.hgs.cx

Hinduja Global Solutions Ltd is an Indian-based company, engaged in business process management services. The company offers outsourcing solutions, including back office processing, contact center, customized IT services; and voice and non-voice-related customer contact and business process outsourcing services. It also provides marketing and digital enablement services, including customer experience management, digital enablement, social media engagement, and digital marketing services, as well as consumer interaction services.

Hinduja Global Solutions (BOM:532859) Headlines

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