Innovatus Entertainment Networks (BOM:543951) Debt-to-Equity : 0.00 (As of Mar. 2024)

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What is Innovatus Entertainment Networks Debt-to-Equity?

Innovatus Entertainment Networks's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0.0 Mil. Innovatus Entertainment Networks's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0.0 Mil. Innovatus Entertainment Networks's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹132.2 Mil. Innovatus Entertainment Networks's debt to equity for the quarter that ended in Mar. 2024 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 Innovatus Entertainment Networks's Debt-to-Equity or its related term are showing as below:

During the past 5 years, the highest Debt-to-Equity Ratio of Innovatus Entertainment Networks was 0.74. The lowest was 0.32. And the median was 0.65.

BOM:543951's Debt-to-Equity is not ranked ^*
in the Media - Diversified industry.
Industry Median: 0.29
* Ranked among companies with meaningful Debt-to-Equity only.

Innovatus Entertainment Networks Debt-to-Equity Historical Data

The historical data trend for Innovatus Entertainment Networks'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.

Innovatus Entertainment Networks Debt-to-Equity Chart

Innovatus Entertainment Networks Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

0.74

0.65

0.32

Innovatus Entertainment Networks Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial			0.65	0.58	0.32	-	-

Competitive Comparison of Innovatus Entertainment Networks's Debt-to-Equity

For the Advertising Agencies subindustry, Innovatus Entertainment Networks'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.

Innovatus Entertainment Networks's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Innovatus Entertainment Networks's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Innovatus Entertainment Networks's Debt-to-Equity falls into.

Innovatus Entertainment Networks Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Innovatus Entertainment Networks'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	+	0)	/	132.165
	=	0.00

Innovatus Entertainment Networks'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	+	0)	/	132.165
	=	0.00

Innovatus Entertainment Networks (BOM:543951) 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.

Innovatus Entertainment Networks Debt-to-Equity Related Terms

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Innovatus Entertainment Networks (BOM:543951) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Innovatus Entertainment Networks Ltd (BOM:543951) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Off New Link Road, 407, Crescent Royale, Andheri West, Mumbai, MH, IND, 400053

Website

https://www.innovatus.info

Innovatus Entertainment Networks Ltd is a creative platform for complete Infotainment with a 360-degree solution. The company offers all the Direct marketing solutions- Management, CRM, B2B and B2C, Activations and Exhibitions. The company focuses on concept development to creatives to a total turn-key presentation and on-ground execution.

Innovatus Entertainment Networks (BOM:543951) Headlines

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