Ramco Systems (BOM:532370) Debt-to-Equity : 0.20 (As of Mar. 2024)

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What is Ramco Systems Debt-to-Equity?

Ramco Systems's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹137 Mil. Ramco Systems's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹490 Mil. Ramco Systems's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹3,114 Mil. Ramco Systems's debt to equity for the quarter that ended in Mar. 2024 was 0.20.

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 Ramco Systems's Debt-to-Equity or its related term are showing as below:

BOM:532370' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.14 Max: 1.97
Current: 0.2

During the past 13 years, the highest Debt-to-Equity Ratio of Ramco Systems was 1.97. The lowest was 0.01. And the median was 0.14.

BOM:532370's Debt-to-Equity is ranked better than
51.26% of 2214 companies
in the Software industry
Industry Median: 0.21 vs BOM:532370: 0.20

Ramco Systems Debt-to-Equity Historical Data

The historical data trend for Ramco Systems'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.

Ramco Systems Debt-to-Equity Chart

Ramco Systems Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

Get a 7-Day Free Trial

0.28

0.10

0.20

Ramco Systems 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															0.20	N/A	0.23	N/A	0.20

Competitive Comparison of Ramco Systems's Debt-to-Equity

For the Software - Application subindustry, Ramco Systems'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.

Ramco Systems's Debt-to-Equity Distribution in the Software Industry

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

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

Ramco Systems Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ramco Systems'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
	=	(136.58	+	490.43)	/	3113.69
	=	0.20

Ramco Systems'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
	=	(136.58	+	490.43)	/	3113.69
	=	0.20

Ramco Systems (BOM:532370) 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.

Ramco Systems Debt-to-Equity Related Terms

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Ramco Systems (BOM:532370) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ramco Systems Ltd (BOM:532370) » Definitions » Debt-to-Equity

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RAMCOSYS:India

Address

No. 64, Sardar Patel Road, Taramani, Chennai, TN, IND, 600 113

Website

https://www.ramco.com

Ramco Systems Ltd develops software and software products for human capital management, payroll, enterprise resource management, monitoring and evaluation, and maintenance, repair, and overhaul providers in the Aviation industry. The company develops software through its enterprise application assembly and delivery platform Ramco VirtualWorks for transaction systems and Ramco DecisionWorks for analytics/reporting. The product portfolio of the company includes aviation, aerospace & defense management software, enterprise resource planning software, payroll & logistics software on the cloud. The majority of its revenue is earned from the sale of licenses and services.

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