Elnet Technologies (BOM:517477) Debt-to-Equity : N/A (As of Dec. 2023)

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What is Elnet Technologies Debt-to-Equity?

Elnet Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.0 Mil. Elnet Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.0 Mil. Elnet Technologies's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹0.0 Mil.

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

BOM:517477' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.05 Max: 0.21
Current: 0.04

During the past 13 years, the highest Debt-to-Equity Ratio of Elnet Technologies was 0.21. The lowest was 0.04. And the median was 0.05.

BOM:517477's Debt-to-Equity is ranked better than
93.19% of 1586 companies
in the Real Estate industry
Industry Median: 0.76 vs BOM:517477: 0.04

Elnet Technologies Debt-to-Equity Historical Data

The historical data trend for Elnet 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.

Elnet Technologies Debt-to-Equity Chart

Elnet Technologies Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

Get a 7-Day Free Trial

0.06

0.05

0.04

Elnet Technologies Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.04	N/A	0.04	N/A	N/A

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

For the Real Estate - Diversified subindustry, Elnet 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.

Elnet Technologies's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Elnet Technologies's Debt-to-Equity distribution charts can be found below:

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

Elnet Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Elnet Technologies's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 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
	=	(42.634	+	0)	/	1226.32
	=	0.03

Elnet Technologies's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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)	/	0
	=	N/A

Elnet Technologies (BOM:517477) 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.

Elnet Technologies Debt-to-Equity Related Terms

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Elnet Technologies (BOM:517477) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Elnet Technologies Ltd (BOM:517477) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rajiv Gandhi Salai, Elnet Software City, TS 140, Block Number 2 and 9, Taramani, Chennai, TN, IND, 600 113

Website

http://www.elnettechnologies.com

Elnet Technologies Ltd is engaged in providing infrastructure to Software and Business Process Outsourcing Industries. It also provides renting of office space. The company operates in developing and managing Software Technology Park in India. In addition, the firm provides infrastructure for the information technology (IT) and IT-enabled service (ITES) industry. It operates in the segment of Developing and maintaining integrated software technology parks. Geographically, the group has a business presence in India.

Elnet Technologies (BOM:517477) Headlines

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