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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: 0.18 Max: 0.36
Current: 0.18
During the past 7 years, the highest Debt-to-Equity Ratio of Spectrum Talent Management was 0.36. The lowest was 0.01. And the median was 0.18.
NSE:SPECTSTM's Debt-to-Equity is ranked better than 63.46% of 955
companies
in the Business Services industry
Industry Median: 0.33
vs NSE:SPECTSTM: 0.18
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
Spectrum Talent Management Debt-to-Equity Historical Data
* 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.
NSE:SPECTSTM vs KFY, RHI, TNET: Debt-to-Equity Comparison
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 Debt-to-Equity vs 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.
* 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.
Spectrum Talent Management (NSE:SPECTSTM) has a Debt-to-Equity of 0.18 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Spectrum Talent Management and its competitors. This is near median its historical median of 0.18. Over the past decade, Spectrum Talent Management's Debt-to-Equity has ranged from 0.01 to 0.36. According to the industry distribution chart, Spectrum Talent Management ranks #349 out of 955 companies in the Business Services industry, placing it in the top 36.5%.
Is Spectrum Talent Management's Debt-to-Equity too high?
Spectrum Talent Management's current Debt-to-Equity of 0.18 is near median its 10-year median of 0.18. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.36. The Business Services industry median Debt-to-Equity is 0.33. Spectrum Talent Management's value of 0.18 is 45.5% below this industry median. Based on the distribution chart, Spectrum Talent Management ranks #349 out of 955 companies in the Business Services industry, which is above the industry midpoint. Overall, Spectrum Talent Management has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Spectrum Talent Management's Debt-to-Equity compare to KFY and RHI?
According to the Business Services industry distribution chart, Spectrum Talent Management ranks #349 out of 955 companies for Debt-to-Equity. This puts Spectrum Talent Management in the upper half of its industry. The industry median Debt-to-Equity is 0.33. Spectrum Talent Management's value of 0.18 is 45.5% below this benchmark. Historically, Spectrum Talent Management's own Debt-to-Equity has ranged from 0.01 to 0.36 over the past decade. While the company's 10-year median is 0.18 vs. the industry median of 0.33, Spectrum Talent Management 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 Business Services company?
The median Debt-to-Equity among Business Services companies is 0.33, based on 955 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. Spectrum Talent Management's current Debt-to-Equity of 0.18 is 45.5% 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 Spectrum Talent Management and its competitors. For the Business Services industry, the median Debt-to-Equity is 0.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spectrum Talent Management's current Debt-to-Equity is 0.18, which is near median its own 10-year median of 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spectrum Talent Management stock overvalued right now?
Based on GuruFocus' analysis, Spectrum Talent Management (NSE:SPECTSTM) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹159.23, compared to a current price of ₹61.90 — trading 61.1% below its estimated fair value. The current Debt-to-Equity is 0.18, which is near median its 10-year median of 0.18 and 45.5% below the Business Services industry median of 0.33. Spectrum Talent Management's overall GF Score™ is 72/100 with 7 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 Spectrum Talent Management (NSE:SPECTSTM), the current Debt-to-Equity is 0.18 as of Mar. 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 Spectrum Talent Management (NSE:SPECTSTM) Overvalued in 2026?
Based on GuruFocus' analysis, Spectrum Talent Management stock appears to be undervalued.
The current stock price of ₹61.90 is trading 61.1% below its estimated GF Value™ of ₹159.23.
GuruFocus considers Spectrum Talent Management to be Significantly Undervalued.
Key valuation signals for NSE:SPECTSTM:
Debt-to-Equity: 0.18 (near median its 10-year median of 0.18)
GF Value™: ₹159.23 vs. price of ₹61.90 (61.1% below fair value)
Industry Position: 45.5% below the Business Services median (#349 of 955)
No single metric tells the full story. See the NSE:SPECTSTM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Spectrum Talent Management Ltd is a renowned human resource and staffing service provider. The company offers a wide array of services such as staffing, recruitment, apprenticeship, 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.
72GF Score
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Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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