GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » ITCONS E-Solutions Ltd (BOM:543806) » Definitions » Debt-to-Equity

ITCONS E-Solutions (BOM:543806) Debt-to-Equity : 0.00 (As of Sep. 2023)


View and export this data going back to 2023. Start your Free Trial

What is ITCONS E-Solutions Debt-to-Equity?

ITCONS E-Solutions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹0.4 Mil. ITCONS E-Solutions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹0.0 Mil. ITCONS E-Solutions's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹129.2 Mil. ITCONS E-Solutions's debt to equity for the quarter that ended in Sep. 2023 was 0.00.

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

During the past 4 years, the highest Debt-to-Equity Ratio of ITCONS E-Solutions was 1.54. The lowest was 0.00. And the median was 0.43.

BOM:543806's Debt-to-Equity is not ranked *
in the Business Services industry.
Industry Median: 0.375
* Ranked among companies with meaningful Debt-to-Equity only.

ITCONS E-Solutions Debt-to-Equity Historical Data

The historical data trend for ITCONS E-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.

ITCONS E-Solutions Debt-to-Equity Chart

ITCONS E-Solutions Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
1.54 1.31 0.48 0.01

ITCONS E-Solutions Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23
Debt-to-Equity Get a 7-Day Free Trial 1.31 0.48 0.38 0.01 -

Competitive Comparison of ITCONS E-Solutions's Debt-to-Equity

For the Staffing & Employment Services subindustry, ITCONS E-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.

ITCONS E-Solutions's Debt-to-Equity Distribution in the Business Services Industry

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

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


ITCONS E-Solutions Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ITCONS E-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
=(0.565 + 0) / 121.564
=0.00

ITCONS E-Solutions's Debt to Equity Ratio for the quarter that ended in Sep. 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
=(0.379 + 0) / 129.239
=0.00

* 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.

ITCONS E-Solutions  (BOM:543806) 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.

ITCONS E-Solutions Debt-to-Equity Related Terms

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

ITCONS E-Solutions (BOM:543806) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » ITCONS E-Solutions Ltd (BOM:543806) » Definitions » Debt-to-Equity
Comparable Companies
BOM:539697 NSE:ACEINTEG NSE:AISL NSE:SERVICE ADP TSE:6098 PAYX XAMS:RAND RHI BZ XSWX:ADEN TNET NSP TSE:2181 MAN KFY TSE:6028 LSE:HAS SHSE:600861 LSE:PAGE
Traded in Other Exchanges
N/A
Address
Jamna Lal Bajaj Marg, 3rd Floor, B-10, Bajaj Bhawan, Sector-3, Noida, UP, IND, 201301
Website
https://www.itconsinc.com
ITCONS E-Solutions Ltd is engaged in the business of providing human resource services to both public and private organizations mostly in the organized sector in diverse roles and responsibilities. The company's services include Manpower Supply & Recruitment Services; and Manpower Sourcing & Staffing Services. The Manpower Supply Services account for a majority of its revenues, and Manpower Souring Services contribute to the rest of its revenues.

ITCONS E-Solutions (BOM:543806) Headlines

No Headlines