Spectrum Talent Management (NSE:SPECTSTM) Debt-to-Equity : 0.01 (As of Sep. 2023)

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What is Spectrum Talent Management Debt-to-Equity?

Spectrum Talent Management's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹5 Mil. Spectrum Talent Management's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹6 Mil. Spectrum Talent Management's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹1,387 Mil. Spectrum Talent Management's debt to equity for the quarter that ended in Sep. 2023 was 0.01.

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 Spectrum Talent Management's Debt-to-Equity or its related term are showing as below:

NSE:SPECTSTM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.16 Max: 0.36
Current: 0.01

During the past 3 years, the highest Debt-to-Equity Ratio of Spectrum Talent Management was 0.36. The lowest was 0.01. And the median was 0.16.

NSE:SPECTSTM's Debt-to-Equity is ranked better than
99.89% of 928 companies
in the Business Services industry
Industry Median: 0.37 vs NSE:SPECTSTM: 0.01

Spectrum Talent Management Debt-to-Equity Historical Data

The historical data trend for Spectrum Talent Management'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.

Spectrum Talent Management Debt-to-Equity Chart

Spectrum Talent Management Annual Data

Trend

Mar20

Mar21

Mar22

Debt-to-Equity

0.28

0.03

0.36

Spectrum Talent Management Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Sep23
Debt-to-Equity	0.28	0.03	0.36	N/A	0.01

Competitive Comparison of Spectrum Talent Management's Debt-to-Equity

For the Staffing & Employment Services subindustry, Spectrum Talent Management'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.

Spectrum Talent Management's Debt-to-Equity Distribution in the Business Services Industry

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

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

Spectrum Talent Management Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Spectrum Talent Management's Debt to Equity Ratio for the fiscal year that ended in Mar. 2022 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
	=	(99.254	+	3.434)	/	282.738
	=	0.36

Spectrum Talent Management's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(5	+	6.32)	/	1387.49
	=	0.01

Spectrum Talent Management (NSE:SPECTSTM) 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.

Spectrum Talent Management Debt-to-Equity Related Terms

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Spectrum Talent Management (NSE:SPECTSTM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Spectrum Talent Management Ltd (NSE:SPECTSTM) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sector - 63 Road, Block C, Plot no. C-142, Gautam Buddha Nagar, Noida, UP, IND, 201301

Website

https://www.stmpl.co.in

Spectrum Talent Management Ltd is a renowned human resource and staffing service provider. The company offers a wide array of services such as Recruitment, Payroll, Onboarding and flexible staffing. It satisfies the firm's staffing, and recruitment needs globally through this specialized rich knowledge. The company's business segment includes Manpower supply, Recruitment and related services, and Electronic goods. The company generates the majority of its revenue from the Manpower supply, Recruitment and related services segment.

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