LTM (NSE:LTM) Debt-to-Equity: 0.10 (As of Jun. 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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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:LTM LTM Ltd NSE:LTM
95 GF Score
Price ₹4,700.00
GF Value ₹6,228.84
Valuation Modestly Undervalued
! 3 Warning Signs
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What is LTM Debt-to-Equity?

LTM NSE:LTM -0.32% 95 Debt-to-Equity is 0.10 as of Jun. 2026, which is at its 10-year median of 0.10. GuruFocus rates NSE:LTM with a GF Score™ of 95/100 and a GF Value™ of ₹6,228.84 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,246 Software companies, LTM ranks better than 65.54% on this metric.

LTM's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹4,232 Mil. LTM's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹20,077 Mil. LTM's Total Stockholders Equity for the quarter that ended in Jun. 2026 was ₹245,337 Mil. LTM's debt to equity for the quarter that ended in Jun. 2026 was 0.10.

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

NSE:LTM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.1   Max: 0.17
Current: 0.1

During the past 13 years, the highest Debt-to-Equity Ratio of LTM was 0.17. The lowest was 0.00. And the median was 0.10.

NSE:LTM's Debt-to-Equity is ranked better than
65.54% of 2246 companies
in the Software industry
Industry Median: 0.19 vs NSE:LTM: 0.10

LTM  (NSE:LTM) 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.


LTM Debt-to-Equity Related Terms


LTM Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for LTM'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.

LTM Debt-to-Equity Chart

LTM 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 0.10 0.09 0.10 0.10 0.10

LTM 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 0.10 0.10 0.10 0.10 0.10

NSE:LTM vs IBM, ACN, FISV: Debt-to-Equity Comparison

For the Information Technology Services subindustry, LTM'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.


LTM Debt-to-Equity vs Software Industry

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

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


NSE:LTM
95GF Score
LTM Ltd NSE:LTM
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

LTM Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

LTM's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

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

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.10 mean?
LTM (NSE:LTM) has a Debt-to-Equity of 0.10 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on LTM and its competitors. This is near median its historical median of 0.10. According to the industry distribution chart, LTM ranks #774 out of 2246 companies in the Software industry, placing it in the top 34.5%.
Is LTM's Debt-to-Equity too high?
LTM's current Debt-to-Equity of 0.10 is near median its 10-year median of 0.10. The Software industry median Debt-to-Equity is 0.19. LTM's value of 0.10 is 47.4% below this industry median. Based on the distribution chart, LTM ranks #774 out of 2246 companies in the Software industry, which is above the industry midpoint. Overall, LTM has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does LTM's Debt-to-Equity compare to IBM and ACN?
According to the Software industry distribution chart, LTM ranks #774 out of 2246 companies for Debt-to-Equity. This puts LTM in the upper half of its industry. The industry median Debt-to-Equity is 0.19. LTM's value of 0.10 is 47.4% below this benchmark. While the company's 10-year median is 0.10 vs. the industry median of 0.19, LTM has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Software company?
The median Debt-to-Equity among Software companies is 0.19, based on 2,246 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. LTM's current Debt-to-Equity of 0.10 is 47.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on LTM and its competitors. For the Software industry, the median Debt-to-Equity is 0.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LTM's current Debt-to-Equity is 0.10, which is near median its own 10-year median of 0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LTM stock overvalued right now?
Based on GuruFocus' analysis, LTM (NSE:LTM) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹6,228.84, compared to a current price of ₹4,700.00 — trading 24.5% below its estimated fair value. The current Debt-to-Equity is 0.10, which is near median its 10-year median of 0.10 and 47.4% below the Software industry median of 0.19. LTM's overall GF Score™ is 95/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For LTM (NSE:LTM), the current Debt-to-Equity is 0.10 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is LTM (NSE:LTM) Overvalued in 2026?

Based on GuruFocus' analysis, LTM stock appears to be undervalued. The current stock price of ₹4,700.00 is trading 24.5% below its estimated GF Value™ of ₹6,228.84. GuruFocus considers LTM to be Modestly Undervalued.

Key valuation signals for NSE:LTM:

  • Debt-to-Equity: 0.10 (near median its 10-year median of 0.10)
  • GF Value™: ₹6,228.84 vs. price of ₹4,700.00 (24.5% below fair value)
  • GF Score™: 95/100 with 3 warning signs
  • Industry Position: 47.4% below the Software median (#774 of 2246)

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


LTM Business Description

Other Exchanges 540005:India
Address Gate No. 5, Saki Vihar Road, Technology Tower 1, Powai, Mumbai, MH, IND, 400 072
LTM Ltd is a technology services and consulting company. It offers a range of IT services like agile, analytics and information management, application development, maintenance and outsourcing, enterprise solutions, infrastructure management services, testing, digital solutions, and platform-based solutions to the clients in diverse industries. The company has identified (i) Banking, Financial Services & Insurance, (ii) Technology, Media & Communications, (iii) Manufacturing & Resources, (iv) Consumer Business, and (v) Healthcare, Life Sciences & Public Services as reportable segments. The majority of revenue is derived from the Banking, Financial Services & Insurance segment. Geographically, the maximum revenue is generated from North America, followed by Europe and the rest of the World.
95GF Score

Get the complete analysis for NSE:LTM

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

₹4,700.00
Price
₹6,228.84
GF Value