HCL Technologies (NSE:HCLTECH) Debt-to-Asset : 0.06 (As of Mar. 2024)

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What is HCL Technologies Debt-to-Asset?

HCL Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹11,940 Mil. HCL Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹45,620 Mil. HCL Technologies's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ₹997,770 Mil. HCL Technologies's debt to asset for the quarter that ended in Mar. 2024 was 0.06.

HCL Technologies Debt-to-Asset Historical Data

The historical data trend for HCL Technologies's Debt-to-Asset 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.

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HCL Technologies Debt-to-Asset Chart

HCL Technologies Annual Data

Trend

Jun14

Jun15

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Asset

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0.10

0.08

0.07

0.05

0.06

HCL Technologies Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial															0.05	-	0.06	-	0.06

Competitive Comparison of HCL Technologies's Debt-to-Asset

For the Information Technology Services subindustry, HCL Technologies's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

HCL Technologies's Debt-to-Asset Distribution in the Software Industry

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

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

HCL Technologies Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

HCL Technologies's Debt-to-Asset for the fiscal year that ended in Mar. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(11940	+	45620)	/	997770
	=	0.06

HCL Technologies's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(11940	+	45620)	/	997770
	=	0.06

HCL Technologies (NSE:HCLTECH) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

HCL Technologies Debt-to-Asset Related Terms

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

HCL Technologies (NSE:HCLTECH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » HCL Technologies Ltd (NSE:HCLTECH) » Definitions » Debt-to-Asset

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Traded in Other Exchanges

532281:India

Address

Technology Hub, Special Economic Zone, Plot No. 3A, Sector 126, Noida, UP, IND, 201 304

Website

https://www.hcltech.com

HCL Technologies Ltd provides enterprises with IT solutions in India. It focuses on offering Digital, Internet of Things Services, Cloud, Automation, Cybersecurity, Infrastructure Management, and Engineering Services to solve business problems for clients. While the company is based in India, it has international clients in a large number of countries. It offers solutions to a variety of industries including Financial Services, Public Services, Consumer Services, Healthcare, and Manufacturing. It operates in three segments IT and Business Services, Engineering and R&D Services, and Products and Platforms. The firm emphasizes consultation services for firms, with the goal to offer them digital and design solutions. Most of the firm's revenue comes from IT and Business Services segment.

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