Avance Technologies (NSE:AVANCE) Debt-to-Equity: N/A (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:AVANCE Avance Technologies Ltd NSE:AVANCE
35 GF Score
Price ₹0.88
GF Value ₹1.08
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is Avance Technologies Debt-to-Equity?

Avance Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹0 Mil. Avance Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹0 Mil. Avance Technologies's Total Stockholders Equity for the quarter that ended in Jun. 2026 was ₹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 Avance Technologies's Debt-to-Equity or its related term are showing as below:

NSE:AVANCE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.14   Med: 0.39   Max: 0.5
Current: 0.42

During the past 13 years, the highest Debt-to-Equity Ratio of Avance Technologies was 0.50. The lowest was 0.14. And the median was 0.39.

NSE:AVANCE's Debt-to-Equity is ranked worse than
66.44% of 2250 companies
in the Software industry
Industry Median: 0.19 vs NSE:AVANCE: 0.42

Avance Technologies  (NSE:AVANCE) 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.

Avance Technologies Debt-to-Equity Related Terms

Avance Technologies Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Avance Technologies'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.

Avance Technologies Debt-to-Equity Chart

Avance Technologies Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.15 0.42

Avance Technologies Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A 0.31 N/A 0.42 N/A

NSE:AVANCE vs : Debt-to-Equity Comparison

For the Information Technology Services subindustry, Avance Technologies'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.

Avance Technologies Debt-to-Equity vs Software Industry

For the Software industry and Technology sector, Avance Technologies's Debt-to-Equity distribution charts can be found below:

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


NSE:AVANCE
35GF Score
Avance Technologies Ltd NSE:AVANCE
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Avance Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Avance Technologies's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 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
=(173.889 + 1466.662) / 3941.619
=0.42

Avance Technologies's Debt to Equity Ratio for the quarter that ended in Jun. 2026 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

* 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.

Is Avance Technologies (NSE:AVANCE) Overvalued in 2026?

Based on GuruFocus' analysis, Avance Technologies stock appears to be undervalued. The current stock price of ₹0.88 is trading 18.5% below its estimated GF Value™ of ₹1.08. GuruFocus considers Avance Technologies to be Modestly Undervalued.

Key valuation signals for NSE:AVANCE:

  • Debt-to-Equity: N/A
  • GF Value™: ₹1.08 vs. price of ₹0.88 (18.5% below fair value)
  • GF Score™: 35/100 with 7 warning signs

No single metric tells the full story. See the NSE:AVANCE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Avance Technologies Business Description

Comparable Companies
Other Exchanges 512149:India
Address MIDC, No. B-404, Technocity IT Park, Mahape, Navi Mumbai, MH, IND, 400705
Avance Technologies Ltd operates in software-related products. It offers technology solutions to help businesses optimize their digital ecosystems. The company's key services include: digital infrastructure solutions, embedded device management, hybrid infrastructure services, cloud integration and management, data center management and optimization, and IoT infrastructure management, among others. It caters to the technological needs of businesses across various sectors such as healthcare, finance, manufacturing, and hospitality.
35GF Score

Get the complete analysis for NSE:AVANCE

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹0.88
Price
₹1.08
GF Value