eClerx Services (BOM:532927) Debt-to-Equity : 0.12 (As of Mar. 2024)

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

What is eClerx Services Debt-to-Equity?

eClerx Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹409 Mil. eClerx Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹2,248 Mil. eClerx Services's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹22,475 Mil. eClerx Services's debt to equity for the quarter that ended in Mar. 2024 was 0.12.

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 eClerx Services's Debt-to-Equity or its related term are showing as below:

BOM:532927' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.06 Max: 0.12
Current: 0.12

During the past 13 years, the highest Debt-to-Equity Ratio of eClerx Services was 0.12. The lowest was 0.01. And the median was 0.06.

BOM:532927's Debt-to-Equity is ranked better than
61.51% of 2224 companies
in the Software industry
Industry Median: 0.21 vs BOM:532927: 0.12

eClerx Services Debt-to-Equity Historical Data

The historical data trend for eClerx Services'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.

eClerx Services Debt-to-Equity Chart

eClerx Services Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

Get a 7-Day Free Trial

0.12

0.10

0.11

0.12

eClerx Services 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															0.11	N/A	0.11	N/A	0.12

Competitive Comparison of eClerx Services's Debt-to-Equity

For the Information Technology Services subindustry, eClerx Services'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.

eClerx Services's Debt-to-Equity Distribution in the Software Industry

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

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

eClerx Services Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

eClerx Services'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
	=	(409.09	+	2248.31)	/	22475.01
	=	0.12

eClerx Services'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
	=	(409.09	+	2248.31)	/	22475.01
	=	0.12

eClerx Services (BOM:532927) 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.

eClerx Services Debt-to-Equity Related Terms

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

eClerx Services (BOM:532927) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » eClerx Services Ltd (BOM:532927) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ECLERX:India

Address

Nariman Point, 4th Floor, Express Towers, Mumbai, MH, IND, 400 021

Website

https://www.eclerx.com

eClerx Services Ltd provides a variety of information technology, or IT, and knowledge and business process outsourcing services. The firm's financial services include expense management and accounting and finance, digital marketing services that include customer relationship management and business intelligence, digital branding services that include multi-channel media content management, and cable and telecom services. The company organizes itself into four segments based on geography: United States, United Kingdom, Europe, and Asia-Pacific. The majority of revenue comes from the United States.

eClerx Services (BOM:532927) Headlines

No Headlines