Updater Services (BOM:543996) Debt-to-Equity : 0.13 (As of Mar. 2024)

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What is Updater Services Debt-to-Equity?

Updater Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹721 Mil. Updater Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹326 Mil. Updater Services's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹8,401 Mil. Updater Services's debt to equity for the quarter that ended in Mar. 2024 was 0.12.

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 Updater Services's Debt-to-Equity or its related term are showing as below:

BOM:543996' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.21 Max: 0.58
Current: 0.13

During the past 5 years, the highest Debt-to-Equity Ratio of Updater Services was 0.58. The lowest was 0.06. And the median was 0.21.

BOM:543996's Debt-to-Equity is ranked better than
74.97% of 919 companies
in the Business Services industry
Industry Median: 0.38 vs BOM:543996: 0.13

Updater Services Debt-to-Equity Historical Data

The historical data trend for Updater Services'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.

Updater Services Debt-to-Equity Chart

Updater Services Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

0.41

0.06

0.21

0.58

0.13

Updater Services Quarterly Data
	Mar20	Mar21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial						0.58	N/A	0.33	N/A	0.13

Competitive Comparison of Updater Services's Debt-to-Equity

For the Specialty Business Services subindustry, Updater Services'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.

Updater Services's Debt-to-Equity Distribution in the Business Services Industry

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

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

Updater Services Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Updater Services'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
	=	(721.37	+	325.57)	/	8401.35
	=	0.12

Updater Services'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
	=	(721.37	+	325.57)	/	8401.35
	=	0.12

Updater Services (BOM:543996) 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.

Updater Services Debt-to-Equity Related Terms

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Updater Services (BOM:543996) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Updater Services Ltd (BOM:543996) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

UDS:India

Address

No. 2/302-A, UDS Salai, Off Old Mahabalipuram Road, Thoraipakkam, Chennai, TN, IND, 600097

Website

https://www.uds.in

Updater Services Ltd is a company offering d integrated business services platform in India offering integrated facilities management (IFM) services and business support services (BSS) to our clients, with a pan-India presence. It operates in the Business-to-Business (B2B) services space offering a spectrum of business services, which are broadly classified into the two following segments which are IFM & Other Services Segment and BSS Segment.

Updater Services (BOM:543996) Headlines

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