IRIS Business Services (BOM:540735) Debt-to-Equity : N/A (As of Dec. 2023)

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What is IRIS Business Services Debt-to-Equity?

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

BOM:540735' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.18 Med: 0.32 Max: 1.26
Current: 0.23

During the past 11 years, the highest Debt-to-Equity Ratio of IRIS Business Services was 1.26. The lowest was 0.18. And the median was 0.32.

BOM:540735's Debt-to-Equity is ranked worse than
51.57% of 2224 companies
in the Software industry
Industry Median: 0.21 vs BOM:540735: 0.23

IRIS Business Services Debt-to-Equity Historical Data

The historical data trend for IRIS Business 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.

IRIS Business Services Debt-to-Equity Chart

IRIS Business Services Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.53

0.24

0.18

IRIS Business Services Quarterly Data
	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	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	0.18	N/A	0.23	N/A

Competitive Comparison of IRIS Business Services's Debt-to-Equity

For the Software - Application subindustry, IRIS Business 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.

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

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

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

IRIS Business Services Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

IRIS Business Services'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
	=	(56.621	+	1.235)	/	315.414
	=	0.18

IRIS Business Services'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

IRIS Business Services (BOM:540735) 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.

IRIS Business Services Debt-to-Equity Related Terms

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

IRIS Business Services (BOM:540735) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » IRIS Business Services Ltd (BOM:540735) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

IRIS:India

Address

T-231, International Infortech Park, Tower 2, 3rd Floor, Vashi, Navi Mumbai, MH, IND, 400703

Website

https://www.irisbusiness.com

IRIS Business Services Ltd is a provider of software products for compliance, data, and analytics. It offers products such as IRIS CARBON, a cloud-based filing platform that helps companies and mutual funds to meet their enterprise reporting needs, IRIS FinX, an integrated consolidation application, which enables end-to-end financial reporting by extracting data from various source; IRIS Data Consumption Platform, a structured data repository to access financial and non-financial data of public and private companies and IRIS iDEAL, a regulation reporting application for banks and financial institutions. The group's segments are Collect, Create and Consume. Its geographic segments are Middle Eastern Countries, America (including Canada and South American countries), Europe, India, Others.

IRIS Business Services (BOM:540735) Headlines

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