GURUFOCUS.COM » STOCK LIST » Technology » Software » HOV Services Ltd (NSE:HOVS) » Definitions » Debt-to-Equity

HOV Services (NSE:HOVS) Debt-to-Equity : N/A (As of Dec. 2024)


View and export this data going back to 2006. Start your Free Trial

What is HOV Services Debt-to-Equity?

HOV Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₹0.0 Mil. HOV Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₹0.0 Mil. HOV Services'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 HOV Services's Debt-to-Equity or its related term are showing as below:

NSE:HOVS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.04   Max: 0.38
Current: 0.07

During the past 13 years, the highest Debt-to-Equity Ratio of HOV Services was 0.38. The lowest was 0.01. And the median was 0.04.

NSE:HOVS's Debt-to-Equity is ranked better than
72.86% of 2211 companies
in the Software industry
Industry Median: 0.2 vs NSE:HOVS: 0.07

HOV Services Debt-to-Equity Historical Data

The historical data trend for HOV 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.

HOV Services Debt-to-Equity Chart

HOV Services Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.03 0.10 0.06 0.05

HOV Services Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.05 N/A 0.07 N/A

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

For the Information Technology Services subindustry, HOV 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.


HOV Services's Debt-to-Equity Distribution in the Software Industry

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

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


;
;

HOV Services Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

HOV Services's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

HOV Services's Debt to Equity Ratio for the quarter that ended in Dec. 2024 is calculated as

* 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.


HOV Services  (NSE:HOVS) 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.


HOV Services Debt-to-Equity Related Terms

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


HOV Services Business Description

Traded in Other Exchanges
Address
Pune Satara Road, 3rd Floor, Sharda Arcade, Bibwewadi, Pune, MH, IND, 411037
HOV Services Ltd operates as a hybrid between an investment company and a diversified services corporation. The company is engaged in providing information technology (IT) and IT-enabled services, such as data entry services, software development, and support services. It also provides business process outsourcing (BPO) services. Its Software and IT Enabled Services segment acts as a key revenue driver for the firm.

HOV Services Headlines

No Headlines