GTL Infrastructure (NSE:GTLINFRA) Debt-to-Equity : -0.77 (As of Mar. 2024)

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What is GTL Infrastructure Debt-to-Equity?

GTL Infrastructure's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹34,368 Mil. GTL Infrastructure's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹4,638 Mil. GTL Infrastructure's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹-50,866 Mil. GTL Infrastructure's debt to equity for the quarter that ended in Mar. 2024 was -0.77.

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 GTL Infrastructure's Debt-to-Equity or its related term are showing as below:

NSE:GTLINFRA' s Debt-to-Equity Range Over the Past 10 Years
Min: -34.82 Med: -1.38 Max: 9.63
Current: -0.77

During the past 13 years, the highest Debt-to-Equity Ratio of GTL Infrastructure was 9.63. The lowest was -34.82. And the median was -1.38.

NSE:GTLINFRA's Debt-to-Equity is not ranked
in the Hardware industry.
Industry Median: 0.29 vs NSE:GTLINFRA: -0.77

GTL Infrastructure Debt-to-Equity Historical Data

The historical data trend for GTL Infrastructure'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.

GTL Infrastructure Debt-to-Equity Chart

GTL Infrastructure Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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-29.12

-3.95

-1.78

-0.99

-0.77

GTL Infrastructure Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															-0.99	N/A	-0.90	N/A	-0.77

Competitive Comparison of GTL Infrastructure's Debt-to-Equity

For the Communication Equipment subindustry, GTL Infrastructure'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.

GTL Infrastructure's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, GTL Infrastructure's Debt-to-Equity distribution charts can be found below:

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

GTL Infrastructure Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

GTL Infrastructure'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
	=	(34367.6	+	4638.2)	/	-50865.6
	=	-0.77

GTL Infrastructure'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
	=	(34367.6	+	4638.2)	/	-50865.6
	=	-0.77

GTL Infrastructure (NSE:GTLINFRA) 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.

GTL Infrastructure Debt-to-Equity Related Terms

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GTL Infrastructure (NSE:GTLINFRA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » GTL Infrastructure Ltd (NSE:GTLINFRA) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

532775:India

Address

29 Walchand Hirachand Marg, 412, Janmabhoomi Chambers, Ballard Estate, Mumbai, MH, IND, 400 001

Website

https://www.gtlinfra.com

GTL Infrastructure Ltd is a telecom tower company operational in India. It provides passive infrastructure on a shared basis to telecom operators. The firm's business model is based on building, owning, operating and maintaining the passive telecom infrastructure sites capable of hosting multiple service providers. It also associates with projects being promoted by the department of telecommunications and cellular operators association of India.

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