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XTGlobal Infotech (BOM:531225) Debt-to-Equity : N/A (As of Dec. 2023)


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What is XTGlobal Infotech Debt-to-Equity?

XTGlobal Infotech's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. XTGlobal Infotech's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. XTGlobal Infotech's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹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 XTGlobal Infotech's Debt-to-Equity or its related term are showing as below:

BOM:531225' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.73   Med: -1.15   Max: 0.86
Current: 0.2

During the past 13 years, the highest Debt-to-Equity Ratio of XTGlobal Infotech was 0.86. The lowest was -1.73. And the median was -1.15.

BOM:531225's Debt-to-Equity is ranked better than
51.55% of 2225 companies
in the Software industry
Industry Median: 0.21 vs BOM:531225: 0.20

XTGlobal Infotech Debt-to-Equity Historical Data

The historical data trend for XTGlobal Infotech'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.

XTGlobal Infotech Debt-to-Equity Chart

XTGlobal Infotech Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.39 0.86 0.66 0.40 0.23

XTGlobal Infotech Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A 0.23 N/A 0.20 N/A

Competitive Comparison of XTGlobal Infotech's Debt-to-Equity

For the Software - Application subindustry, XTGlobal Infotech'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.


XTGlobal Infotech's Debt-to-Equity Distribution in the Software Industry

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

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



XTGlobal Infotech Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

XTGlobal Infotech's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

XTGlobal Infotech's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


XTGlobal Infotech  (BOM:531225) 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.


XTGlobal Infotech Debt-to-Equity Related Terms

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


XTGlobal Infotech (BOM:531225) Business Description

Traded in Other Exchanges
N/A
Address
Plot No. 31 (Part) and 32, 3rd Floor, Tower A, Ramky Selenium, Financial District, Nanakramguda, Hyderabad, TG, IND, 500 032
XTGlobal Infotech Ltd is a software development company. The company is engaged in providing Application Transformation Management, Cloud and Infrastructure, Digital Business Services, Quality Assurance, and Product Engineering. Its Oracle enterprise solutions include Oracle Cloud, Migrations and upgrades, Implementations, Support managed services, Oracle integrations and Oracle Analytics.

XTGlobal Infotech (BOM:531225) Headlines

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