Silver Touch Technologies (NSE:SILVERTUC) Debt-to-Equity : N/A (As of Dec. 2023)

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What is Silver Touch Technologies Debt-to-Equity?

Silver Touch Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Silver Touch Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Silver Touch Technologies's Total Stockholders Equity for the quarter that ended in Dec. 2023 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 Silver Touch Technologies's Debt-to-Equity or its related term are showing as below:

NSE:SILVERTUC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.13 Max: 0.62
Current: 0.23

During the past 11 years, the highest Debt-to-Equity Ratio of Silver Touch Technologies was 0.62. The lowest was 0.00. And the median was 0.13.

NSE:SILVERTUC's Debt-to-Equity is ranked worse than
51.83% of 2219 companies
in the Software industry
Industry Median: 0.21 vs NSE:SILVERTUC: 0.23

Silver Touch Technologies Debt-to-Equity Historical Data

The historical data trend for Silver Touch 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.

* Premium members only.

Silver Touch Technologies Debt-to-Equity Chart

Silver Touch Technologies Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.11

0.13

0.01

0.11

Silver Touch Technologies Quarterly Data
	Mar17	Jun17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															N/A	0.11	N/A	0.23	N/A

Competitive Comparison of Silver Touch Technologies's Debt-to-Equity

For the Information Technology Services subindustry, Silver Touch 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.

Silver Touch Technologies's Debt-to-Equity Distribution in the Software Industry

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

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

Silver Touch Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Silver Touch Technologies's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 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
	=	(65.965	+	42.803)	/	951.137
	=	0.11

Silver Touch Technologies's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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

Silver Touch Technologies (NSE:SILVERTUC) 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.

Silver Touch Technologies Debt-to-Equity Related Terms

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

Silver Touch Technologies (NSE:SILVERTUC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Silver Touch Technologies Ltd (NSE:SILVERTUC) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

543525:India

Address

2nd Floor, Saffron Tower, Near Panchwati Circle, Ambawadi, Ahmedabad, GJ, IND, 380006

Website

https://www.silvertouch.com

Silver Touch Technologies Ltd provides information technology (IT) solutions in India and internationally. The company provides solutions including Software Development, Offshoring, IT Infrastructure, Web Modernization, Workforce portability, and Mobile App development. The company also provides consulting services which include Information security, Content management, Product development, and Cloud computing. It caters its services to India and the international market and generates revenue from the same.

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