GlobalSpace Technologies (BOM:540654) Debt-to-Equity : N/A (As of Dec. 2023)

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What is GlobalSpace Technologies Debt-to-Equity?

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

BOM:540654' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.16 Med: 0.33 Max: 0.81
Current: 0.66

During the past 11 years, the highest Debt-to-Equity Ratio of GlobalSpace Technologies was 0.81. The lowest was 0.16. And the median was 0.33.

BOM:540654's Debt-to-Equity is ranked worse than
77.27% of 2222 companies
in the Software industry
Industry Median: 0.21 vs BOM:540654: 0.66

GlobalSpace Technologies Debt-to-Equity Historical Data

The historical data trend for GlobalSpace 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.

GlobalSpace Technologies Debt-to-Equity Chart

GlobalSpace Technologies Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.17

0.26

0.24

0.75

0.66

GlobalSpace Technologies Quarterly Data
	Mar18	Sep18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															N/A	0.68	N/A	0.66	N/A

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

For the Software - Application subindustry, GlobalSpace 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.

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

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

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

GlobalSpace Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

GlobalSpace Technologies'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
	=	(128.941	+	108.055)	/	360.51
	=	0.66

GlobalSpace Technologies'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

GlobalSpace Technologies (BOM:540654) 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.

GlobalSpace Technologies Debt-to-Equity Related Terms

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GlobalSpace Technologies (BOM:540654) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » GlobalSpace Technologies Ltd (BOM:540654) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Office No. 605, A-1, B-Wing, Rupa Solitaire Building, 6th Floor, Sec-1, Millennium Business Park, MIDC, Mahape, Navi Mumbai, MH, IND, 400710

Website

https://www.globalspace.in

GlobalSpace Technologies Ltd is a software product company and an enterprise mobility solutions provider. The company provides technology-enabled business enhancement solutions. It serves pharma; BSFI; Education and other enterprises, Mobiles development, Website development, ERP software development, etc. The company generates revenue from the sale of products including accessories, Software, Professional fees, and others.

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