Sasken Technologies (BOM:532663) Debt-to-Equity : 0.01 (As of Mar. 2024)

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What is Sasken Technologies Debt-to-Equity?

Sasken Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹20 Mil. Sasken Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹60 Mil. Sasken Technologies's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹7,688 Mil. Sasken Technologies's debt to equity for the quarter that ended in Mar. 2024 was 0.01.

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

BOM:532663' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.01 Max: 0.01
Current: 0.01

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

BOM:532663's Debt-to-Equity is ranked better than
99.95% of 2213 companies
in the Software industry
Industry Median: 0.21 vs BOM:532663: 0.01

Sasken Technologies Debt-to-Equity Historical Data

The historical data trend for Sasken 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.

Sasken Technologies Debt-to-Equity Chart

Sasken Technologies Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.01

Sasken 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															0.01	N/A	0.01	N/A	0.01

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

For the Information Technology Services subindustry, Sasken 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.

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

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

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

Sasken Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sasken 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
	=	(20.236	+	59.737)	/	7688.238
	=	0.01

Sasken 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
	=	(20.236	+	59.737)	/	7688.238
	=	0.01

Sasken Technologies (BOM:532663) 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.

Sasken Technologies Debt-to-Equity Related Terms

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Sasken Technologies (BOM:532663) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Sasken Technologies Ltd (BOM:532663) » Definitions » Debt-to-Equity

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SASKEN:India

Address

No.139/25, Ring Road, Amarjyothi Layout, Domlur, Bangalore, IND, 560071

Website

https://www.sasken.com

Sasken Technologies Ltd is a software developer company. It is engaged in product engineering and digital transformation. The company provides concept-to-market, chip-to-cognition research and development services to semiconductors, automotive, industrials, smart devices and wearables, enterprise-grade devices, satcom, and retail industries. The company operates in single business segment that is Software Services. The Software Services generate maximum revenue for the company. Geographically, the company offers its products to North America, Europe, and the Asia Pacific. The North America region generates maximum revenue for the company.

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