TTI Enterprise (BOM:538597) Debt-to-Equity : 0.04 (As of Sep. 2024)

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What is TTI Enterprise Debt-to-Equity?

TTI Enterprise's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹0.00 Mil. TTI Enterprise's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹10.03 Mil. TTI Enterprise's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₹279.75 Mil. TTI Enterprise's debt to equity for the quarter that ended in Sep. 2024 was 0.04.

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

BOM:538597' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.04 Max: 0.05
Current: 0.04

During the past 11 years, the highest Debt-to-Equity Ratio of TTI Enterprise was 0.05. The lowest was 0.04. And the median was 0.04.

BOM:538597's Debt-to-Equity is ranked better than
83.08% of 597 companies
in the Capital Markets industry
Industry Median: 0.3 vs BOM:538597: 0.04

TTI Enterprise Debt-to-Equity Historical Data

The historical data trend for TTI Enterprise'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.

TTI Enterprise Debt-to-Equity Chart

TTI Enterprise Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.05

TTI Enterprise 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															-	N/A	0.05	N/A	0.04

Competitive Comparison of TTI Enterprise's Debt-to-Equity

For the Capital Markets subindustry, TTI Enterprise'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.

TTI Enterprise's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, TTI Enterprise's Debt-to-Equity distribution charts can be found below:

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

TTI Enterprise Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

TTI Enterprise'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
	=	(0	+	13.416)	/	267.717
	=	0.05

TTI Enterprise'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
	=	(0	+	10.027)	/	279.75
	=	0.04

TTI Enterprise (BOM:538597) 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.

TTI Enterprise Debt-to-Equity Related Terms

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TTI Enterprise Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » TTI Enterprise Ltd (BOM:538597) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

4 Synagogue Street, Office No. 822, 8th Floor, Kolkata, WB, IND, 700001

Website

https://www.ttienterprise.net

TTI Enterprise Ltd is an India-based non-banking financial company. The company is engaged in the core business of trading and investing in shares and units of Mutual Funds and providing Loans. It provides finance on both short-term and long-term basis.

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