Marg Techno Projects (BOM:540254) Debt-to-Equity : 1.44 (As of Mar. 2024)

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What is Marg Techno Projects Debt-to-Equity?

Marg Techno Projects's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0.00 Mil. Marg Techno Projects's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹173.42 Mil. Marg Techno Projects's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹120.59 Mil. Marg Techno Projects's debt to equity for the quarter that ended in Mar. 2024 was 1.44.

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 Marg Techno Projects's Debt-to-Equity or its related term are showing as below:

BOM:540254' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1 Med: 0.92 Max: 5.17
Current: 1.44

During the past 13 years, the highest Debt-to-Equity Ratio of Marg Techno Projects was 5.17. The lowest was 0.10. And the median was 0.92.

BOM:540254's Debt-to-Equity is ranked worse than
54.29% of 431 companies
in the Credit Services industry
Industry Median: 1.18 vs BOM:540254: 1.44

Marg Techno Projects Debt-to-Equity Historical Data

The historical data trend for Marg Techno Projects'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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Marg Techno Projects Debt-to-Equity Chart

Marg Techno Projects Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.90

5.17

3.57

2.68

1.44

Marg Techno Projects 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															2.68	N/A	1.24	N/A	1.44

Competitive Comparison of Marg Techno Projects's Debt-to-Equity

For the Credit Services subindustry, Marg Techno Projects'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.

Marg Techno Projects's Debt-to-Equity Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Marg Techno Projects's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Marg Techno Projects's Debt-to-Equity falls into.

Marg Techno Projects Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Marg Techno Projects'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	+	173.42)	/	120.594
	=	1.44

Marg Techno Projects'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
	=	(0	+	173.42)	/	120.594
	=	1.44

Marg Techno Projects (BOM:540254) 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.

Marg Techno Projects Debt-to-Equity Related Terms

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Marg Techno Projects (BOM:540254) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Marg Techno Projects Ltd (BOM:540254) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Adajan-Hazira Road, 406, Royal Trade Center, Opposite Star Bazar, Surat, GJ, IND, 395009

Website

https://www.margtechno.com

Marg Techno Projects Ltd is an Indian based company engaged in the provision of financial services. It provides, extends, lends money with or without guarantee, with or without security by way to a term loan, medium-term loan, short term loan, deferred payment guarantee, lease finance, venture finance, and by any other mode or scheme.

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