Zensar Technologies (BOM:504067) Debt-to-Equity : 0.05 (As of Mar. 2024)

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What is Zensar Technologies Debt-to-Equity?

Zensar Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹637 Mil. Zensar Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹1,228 Mil. Zensar Technologies's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹35,619 Mil. Zensar Technologies's debt to equity for the quarter that ended in Mar. 2024 was 0.05.

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

BOM:504067' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.12 Max: 0.36
Current: 0.05

During the past 13 years, the highest Debt-to-Equity Ratio of Zensar Technologies was 0.36. The lowest was 0.01. And the median was 0.12.

BOM:504067's Debt-to-Equity is ranked better than
77.9% of 2213 companies
in the Software industry
Industry Median: 0.21 vs BOM:504067: 0.05

Zensar Technologies Debt-to-Equity Historical Data

The historical data trend for Zensar 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.

Zensar Technologies Debt-to-Equity Chart

Zensar Technologies Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.36

0.15

0.13

0.09

0.05

Zensar 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-Equity	Get a 7-Day Free Trial															0.09	N/A	0.08	N/A	0.05

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

For the Information Technology Services subindustry, Zensar 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.

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

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

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

Zensar Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Zensar 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
	=	(637	+	1228)	/	35619
	=	0.05

Zensar 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
	=	(637	+	1228)	/	35619
	=	0.05

Zensar Technologies (BOM:504067) 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.

Zensar Technologies Debt-to-Equity Related Terms

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Zensar Technologies (BOM:504067) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Zensar Technologies Ltd (BOM:504067) » Definitions » Debt-to-Equity

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ZENSARTECH:India

Address

Plot No. 4, Off Nagar Road, Zensar Knowledge Park, MIDC, Kharadi, Pune, MH, IND, 411 014

Website

https://www.zensar.com

Zensar Technologies Ltd provides a range of information technology services and sells IT-related products. The company segments include Digital and Application Services (DAS) and Digital Foundation Services (DFS). It generates maximum revenue from the DAS segment. The Digital and Application Services (DAS) segment is engaged in Custom Applications Management Services that include Application Development, Maintenance, Support, Modernization and Testing Services across a wide technology spectrum and Industry verticals. The majority of revenue comes from the United States.

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