Synoptics Technologies (NSE:SYNOPTICS) Debt-to-Equity : 0.75 (As of Mar. 2022)

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What is Synoptics Technologies Debt-to-Equity?

Synoptics Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was ₹86.5 Mil. Synoptics Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was ₹54.5 Mil. Synoptics Technologies's Total Stockholders Equity for the quarter that ended in Mar. 2022 was ₹187.7 Mil. Synoptics Technologies's debt to equity for the quarter that ended in Mar. 2022 was 0.75.

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

NSE:SYNOPTICS's Debt-to-Equity is not ranked ^*
in the Software industry.
Industry Median: 0.2
* Ranked among companies with meaningful Debt-to-Equity only.

Synoptics Technologies Debt-to-Equity Historical Data

The historical data trend for Synoptics 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.

Synoptics Technologies Debt-to-Equity Chart

Synoptics Technologies Annual Data

Trend

Mar20

Mar21

Mar22

Debt-to-Equity

1.07

0.83

0.75

Synoptics Technologies Semi-Annual Data
	Mar20	Mar21	Mar22
Debt-to-Equity	1.07	0.83	0.75

Competitive Comparison of Synoptics Technologies's Debt-to-Equity

For the Information Technology Services subindustry, Synoptics 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.

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

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

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

Synoptics Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Synoptics Technologies'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
	=	(86.521	+	54.482)	/	187.685
	=	0.75

Synoptics Technologies's Debt to Equity Ratio for the quarter 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
	=	(86.521	+	54.482)	/	187.685
	=	0.75

Synoptics Technologies (NSE:SYNOPTICS) 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.

Synoptics Technologies Debt-to-Equity Related Terms

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Synoptics Technologies (NSE:SYNOPTICS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Synoptics Technologies Ltd (NSE:SYNOPTICS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

301, A-Wing, 3rd Floor, Interface 16, Mindspace, Malad (West), Mumbai, MH, IND, 400064

Website

https://synoptics.co.in

Synoptics Technologies Ltd is an IT Services company offering solutions in the areas of IT Infrastructure like connectivity to the Branches, Supply, implementation and support of the network equipment needed to run the IT setup like routers, switches, etc. The company designs the solution for customers who need to put their applications on Cloud. It helps with the application migration and manages the setup in the cloud. It aims to reduce the Total Cost of Ownership (TCO) and increase Return on Investment (RoI) for its customers to adopt any kind of Digital Transformation use case with its technology-led and innovation-driven approach.

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