Cambridge Technology Enterprises (BOM:532801) Debt-to-Equity : N/A (As of Dec. 2023)

View and export this data going back to 2007. Start your Free Trial

What is Cambridge Technology Enterprises Debt-to-Equity?

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

BOM:532801' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11 Med: 0.24 Max: 0.58
Current: 0.58

During the past 13 years, the highest Debt-to-Equity Ratio of Cambridge Technology Enterprises was 0.58. The lowest was 0.11. And the median was 0.24.

BOM:532801's Debt-to-Equity is ranked worse than
75% of 2216 companies
in the Software industry
Industry Median: 0.21 vs BOM:532801: 0.58

Cambridge Technology Enterprises Debt-to-Equity Historical Data

The historical data trend for Cambridge Technology Enterprises'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.

Cambridge Technology Enterprises Debt-to-Equity Chart

Cambridge Technology Enterprises Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

Get a 7-Day Free Trial

0.25

0.22

0.42

0.58

Cambridge Technology Enterprises 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															N/A	0.58	N/A	N/A	N/A

Competitive Comparison of Cambridge Technology Enterprises's Debt-to-Equity

For the Information Technology Services subindustry, Cambridge Technology Enterprises'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.

Cambridge Technology Enterprises's Debt-to-Equity Distribution in the Software Industry

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

* The bar in red indicates where Cambridge Technology Enterprises's Debt-to-Equity falls into.

Cambridge Technology Enterprises Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cambridge Technology Enterprises'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
	=	(274.873	+	294.405)	/	987.786
	=	0.58

Cambridge Technology Enterprises'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

Cambridge Technology Enterprises (BOM:532801) 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.

Cambridge Technology Enterprises Debt-to-Equity Related Terms

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

Cambridge Technology Enterprises (BOM:532801) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Cambridge Technology Enterprises Ltd (BOM:532801) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

CTE:India

Address

Image Gardens Road, Survey No.72, 4th Floor, Unit no. 403B & 404, Capital Park, Plot No. 1-98/4/1-13, 28 & 29, Madhapur, Hyderabad, TG, IND, 500 081

Website

https://www.ctepl.com

Cambridge Technology Enterprises Ltd is a business and technology company. It is engaged in software development and information technology (IT) related activities. The company offers various services, which include AI and data, application services, IOT services, and infrastructure and cloud services. The group derives revenue from India, the USA, Malaysia, and others, of which prime revenue is generated from the USA.

Cambridge Technology Enterprises (BOM:532801) Headlines

No Headlines