Systango Technologies (NSE:SYSTANGO) Debt-to-Equity : 0.00 (As of Mar. 2024)

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What is Systango Technologies Debt-to-Equity?

Systango Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0.0 Mil. Systango Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0.9 Mil. Systango Technologies's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹784.0 Mil. Systango Technologies's debt to equity for the quarter that ended in Mar. 2024 was 0.00.

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

During the past 5 years, the highest Debt-to-Equity Ratio of Systango Technologies was 0.02. The lowest was 0.00. And the median was 0.01.

NSE:SYSTANGO's Debt-to-Equity is not ranked ^*
in the Software industry.
Industry Median: 0.21
* Ranked among companies with meaningful Debt-to-Equity only.

Systango Technologies Debt-to-Equity Historical Data

The historical data trend for Systango 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.

Systango Technologies Debt-to-Equity Chart

Systango Technologies Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

0.02

0.01

Systango Technologies Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial			0.01	0.02	0.01	0.01	-

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

For the Software - Infrastructure subindustry, Systango 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.

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

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

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

Systango Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Systango Technologies's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 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	+	0.922)	/	784.02
	=	0.00

Systango Technologies's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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	+	0.922)	/	784.02
	=	0.00

Systango Technologies (NSE:SYSTANGO) 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.

Systango Technologies Debt-to-Equity Related Terms

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Systango Technologies Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ring Road, 3rd Floor (LHS), STP-I Crystal IT Park, Indore, MP, IND, 452010

Website

https://www.systango.com

Systango Technologies Ltd is engaged in the business of providing software solutions to design, implement, and manage their own Customized Digital Platforms including Web2, Web3, and Mobile applications, with an emphasis on data and analytics. The range of software solutions provided by the company is wide and includes website development, mobile app development for both IOS and Android applications, web3 development, decentralized finance, data engineering, implementation of blockchain, cloud computing, and digital marketing. Systango offers its services across various sectors like Hospitality, Property Tech, Financial Services, Fantasy Sports, and many others.

Systango Technologies Headlines

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