VL E-Governance & IT Solutions (BOM:543958) Debt-to-Equity : N/A (As of Dec. 2024)

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What is VL E-Governance & IT Solutions Debt-to-Equity?

VL E-Governance & IT Solutions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₹0.0 Mil. VL E-Governance & IT Solutions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₹0.0 Mil. VL E-Governance & IT Solutions's Total Stockholders Equity for the quarter that ended in Dec. 2024 was ₹0.0 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 VL E-Governance & IT Solutions's Debt-to-Equity or its related term are showing as below:

BOM:543958' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.02 Max: 0.02
Current: 0.02

During the past 2 years, the highest Debt-to-Equity Ratio of VL E-Governance & IT Solutions was 0.02. The lowest was 0.02. And the median was 0.02.

BOM:543958's Debt-to-Equity is ranked better than
97.55% of 899 companies
in the Transportation industry
Industry Median: 0.51 vs BOM:543958: 0.02

VL E-Governance & IT Solutions Debt-to-Equity Historical Data

The historical data trend for VL E-Governance & IT 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.

VL E-Governance & IT Solutions Debt-to-Equity Chart

VL E-Governance & IT Solutions Annual Data

Trend

Mar23

Mar24

Debt-to-Equity

0.02

VL E-Governance & IT Solutions Quarterly Data
	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial					N/A	0.02	N/A	0.02	N/A

Competitive Comparison of VL E-Governance & IT Solutions's Debt-to-Equity

For the Integrated Freight & Logistics subindustry, VL E-Governance & IT 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.

VL E-Governance & IT Solutions's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, VL E-Governance & IT Solutions's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where VL E-Governance & IT Solutions's Debt-to-Equity falls into.

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VL E-Governance & IT Solutions Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

VL E-Governance & IT Solutions'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
	=	(510.886	+	0)	/	24484.185
	=	0.02

VL E-Governance & IT Solutions's Debt to Equity Ratio for the quarter that ended in Dec. 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)	/	0
	=	N/A

VL E-Governance & IT Solutions (BOM:543958) 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.

VL E-Governance & IT Solutions Debt-to-Equity Related Terms

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VL E-Governance & IT Solutions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » VL E-Governance & IT Solutions Ltd (BOM:543958) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

VLEGOV:India

Address

Road No. 16, Plot No. 93, Vakrangee Corporate House, M.I.D.C Marol, Andheri East, Mumbai, MH, IND, 400093

Website

https://www.vlegovernance.in

VL E-Governance & IT Solutions Ltd is engaged in providing last-mile delivery services of parcels on behalf of e-commerce entities and courier booking services. The Company serves in Local, State and National markets only and hence there are no exports. The Company has only one reportable operating segment which is E-Governance & IT/ITES Business(B2B).

VL E-Governance & IT Solutions Headlines

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