Zen Technologies (BOM:533339) Debt-to-Equity : 0.01 (As of Mar. 2024)

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What is Zen Technologies Debt-to-Equity?

Zen Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹19 Mil. Zen Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹41 Mil. Zen Technologies's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹4,486 Mil. Zen 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 Zen Technologies's Debt-to-Equity or its related term are showing as below:

BOM:533339' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.07 Max: 0.36
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Zen Technologies was 0.36. The lowest was 0.01. And the median was 0.07.

BOM:533339's Debt-to-Equity is ranked better than
99.61% of 258 companies
in the Aerospace & Defense industry
Industry Median: 0.44 vs BOM:533339: 0.01

Zen Technologies Debt-to-Equity Historical Data

The historical data trend for Zen 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.

Zen Technologies Debt-to-Equity Chart

Zen Technologies Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.01

0.05

0.02

0.01

Zen 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															0.02	N/A	0.01	N/A	0.01

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

For the Aerospace & Defense subindustry, Zen 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.

Zen Technologies's Debt-to-Equity Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Zen Technologies's Debt-to-Equity distribution charts can be found below:

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

Zen Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Zen 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
	=	(18.985	+	41.353)	/	4486.281
	=	0.01

Zen 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
	=	(18.985	+	41.353)	/	4486.281
	=	0.01

Zen Technologies (BOM:533339) 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.

Zen Technologies Debt-to-Equity Related Terms

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Zen Technologies (BOM:533339) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Zen Technologies Ltd (BOM:533339) » Definitions » Debt-to-Equity

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ZENTEC:India

Address

B-42, Industrial Estate, Sanathnagar, Hyderabad, TG, IND, 500018

Website

https://www.zentechnologies.com

Zen Technologies Ltd is engaged in the design, development, and manufacture of training simulators. The products of the company are; Weapon Simulator, Hand Grenade Simulator, Driving Training Simulator, BMP-II Driving Simulator, Forward Observer Simulator, Tactical Engagement Simulator and among others. The firm offers its products to police and paramilitary forces, armed forces, security forces, government departments, such as transport, mining, infrastructure, and civilian markets. It operates through Training and Simulation segment. The company caters to both domestic and international markets.

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