Vedavaag Systems (BOM:533056) Debt-to-Equity : N/A (As of Dec. 2023)

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What is Vedavaag Systems Debt-to-Equity?

Vedavaag Systems's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.0 Mil. Vedavaag Systems's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.0 Mil. Vedavaag Systems's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹0.0 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 Vedavaag Systems's Debt-to-Equity or its related term are showing as below:

BOM:533056' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.04 Max: 0.07
Current: 0.04

During the past 13 years, the highest Debt-to-Equity Ratio of Vedavaag Systems was 0.07. The lowest was 0.00. And the median was 0.04.

BOM:533056's Debt-to-Equity is ranked better than
82.15% of 2213 companies
in the Software industry
Industry Median: 0.21 vs BOM:533056: 0.04

Vedavaag Systems Debt-to-Equity Historical Data

The historical data trend for Vedavaag 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.

Vedavaag Systems Debt-to-Equity Chart

Vedavaag Systems Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.01

0.05

0.04

0.03

Vedavaag Systems 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	0.03	N/A	0.04	N/A

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

For the Information Technology Services subindustry, Vedavaag 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.

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

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

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

Vedavaag Systems Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Vedavaag Systems'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
	=	(38.102	+	0)	/	1275.392
	=	0.03

Vedavaag Systems'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

Vedavaag Systems (BOM:533056) 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.

Vedavaag Systems Debt-to-Equity Related Terms

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Vedavaag Systems (BOM:533056) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Vedavaag Systems Ltd (BOM:533056) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-90-8/13, B Block, 103, West Block, Sirisai Orchid, 1st Floor, Hitech City, Madhapur, Hyderabad, TG, IND, 500081

Website

http://www.vedavaag.com

Vedavaag Systems Ltd is an India based company engaged in providing information technology sales and services. The company is focusing on three key areas - E-Governance and Citizen Services, Banking, Finance and Insurance Services, and Infra services for Telecom. The company's business verticals include E-Governance Solutions Financial Inclusion System Integrator, Rural Healthcare, and Rural Retail.

Vedavaag Systems (BOM:533056) Headlines

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