KPIT Technologies (BOM:542651) Debt-to-Equity : 0.15 (As of Mar. 2024)

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What is KPIT Technologies Debt-to-Equity?

KPIT Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹1,119 Mil. KPIT Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹2,168 Mil. KPIT Technologies's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹21,459 Mil. KPIT Technologies's debt to equity for the quarter that ended in Mar. 2024 was 0.15.

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 KPIT Technologies's Debt-to-Equity or its related term are showing as below:

BOM:542651' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.14 Med: 0.17 Max: 0.19
Current: 0.15

During the past 7 years, the highest Debt-to-Equity Ratio of KPIT Technologies was 0.19. The lowest was 0.14. And the median was 0.17.

BOM:542651's Debt-to-Equity is ranked better than
57.31% of 2223 companies
in the Software industry
Industry Median: 0.21 vs BOM:542651: 0.15

KPIT Technologies Debt-to-Equity Historical Data

The historical data trend for KPIT 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.

KPIT Technologies Debt-to-Equity Chart

KPIT Technologies Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.19

0.17

0.15

KPIT 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															0.17	N/A	0.20	N/A	0.15

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

For the Information Technology Services subindustry, KPIT 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.

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

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

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

KPIT Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

KPIT 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
	=	(1119.45	+	2168.07)	/	21458.58
	=	0.15

KPIT 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
	=	(1119.45	+	2168.07)	/	21458.58
	=	0.15

KPIT Technologies (BOM:542651) 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.

KPIT Technologies Debt-to-Equity Related Terms

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

KPIT Technologies (BOM:542651) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » KPIT Technologies Ltd (BOM:542651) » Definitions » Debt-to-Equity

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KPITTECH:India

Address

Plot No. 17, Rajiv Gandhi lnfotech Park, MIDC-SEZ, Phase-Ill, Maan, Taluka- Mulshi, Hinjawadi, Pune, MH, IND, 411057

Website

https://www.kpit.com

KPIT Technologies Ltd is a global technology company specializing in providing IT Consulting and Product Engineering solutions and services to Automotive, Manufacturing, Energy, and Utilities companies. The Company derives revenues primarily from providing engineering services which includes design engineering services, embedded software development with its related services and from the sale of licenses and products. Geographically, it derives a majority of revenue from the Americas.

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