Allsec Technologies (BOM:532633) Debt-to-Equity : 0.18 (As of Mar. 2024)

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What is Allsec Technologies Debt-to-Equity?

Allsec Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹182 Mil. Allsec Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹264 Mil. Allsec Technologies's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹2,455 Mil. Allsec Technologies's debt to equity for the quarter that ended in Mar. 2024 was 0.18.

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

BOM:532633' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.1 Max: 0.23
Current: 0.18

During the past 13 years, the highest Debt-to-Equity Ratio of Allsec Technologies was 0.23. The lowest was 0.00. And the median was 0.10.

BOM:532633's Debt-to-Equity is ranked better than
67.36% of 916 companies
in the Business Services industry
Industry Median: 0.39 vs BOM:532633: 0.18

Allsec Technologies Debt-to-Equity Historical Data

The historical data trend for Allsec 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.

Allsec Technologies Debt-to-Equity Chart

Allsec Technologies Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.10

0.08

0.21

0.19

0.18

Allsec 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															0.19	N/A	0.20	N/A	0.18

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

For the Specialty Business Services subindustry, Allsec 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.

Allsec Technologies's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Allsec Technologies's Debt-to-Equity distribution charts can be found below:

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

Allsec Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Allsec 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
	=	(182.4	+	264.1)	/	2454.6
	=	0.18

Allsec 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
	=	(182.4	+	264.1)	/	2454.6
	=	0.18

Allsec Technologies (BOM:532633) 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.

Allsec Technologies Debt-to-Equity Related Terms

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

Allsec Technologies (BOM:532633) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Allsec Technologies Ltd (BOM:532633) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

ALLSEC:India

Address

46B, Velachery Main Road, Velachery, Chennai, TN, IND, 600 042

Website

https://www.allsectech.com

Company operates two segments globally viz Human Resources Operation (HRO) covering HRMS, payroll services, time and attendance management and Digital Business Services (DBS) which encompasses lead generation, customer retention and relationship management comprising both voice and non-voice processes. The HRO services and DBS services are delivered from India and the subsidiary in Philippines. In India the DBS business supports both international (DBS International business) and domestic (DBS domestic business) customers and the HRO business supports both International and domestic customers.

Allsec Technologies (BOM:532633) Headlines

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