Techknowgreen Solutions (BOM:543991) Debt-to-Equity : 0.00 (As of Sep. 2023)

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What is Techknowgreen Solutions Debt-to-Equity?

Techknowgreen Solutions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹0.00 Mil. Techknowgreen Solutions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹0.00 Mil. Techknowgreen Solutions's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹249.30 Mil. Techknowgreen Solutions's debt to equity for the quarter that ended in Sep. 2023 was 0.00.

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 Techknowgreen Solutions's Debt-to-Equity or its related term are showing as below:

BOM:543991' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.45 Med: 0.8 Max: 1.52
Current: 0.12

During the past 3 years, the highest Debt-to-Equity Ratio of Techknowgreen Solutions was 1.52. The lowest was 0.45. And the median was 0.80.

BOM:543991's Debt-to-Equity is ranked better than
76.49% of 923 companies
in the Business Services industry
Industry Median: 0.37 vs BOM:543991: 0.12

Techknowgreen Solutions Debt-to-Equity Historical Data

The historical data trend for Techknowgreen Solutions'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.

Techknowgreen Solutions Debt-to-Equity Chart

Techknowgreen Solutions Annual Data

Trend

Mar21

Mar22

Mar23

Debt-to-Equity

1.52

0.80

0.45

Techknowgreen Solutions Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23
Debt-to-Equity	1.52	0.80	0.45	-

Competitive Comparison of Techknowgreen Solutions's Debt-to-Equity

For the Consulting Services subindustry, Techknowgreen Solutions'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.

Techknowgreen Solutions's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Techknowgreen Solutions's Debt-to-Equity distribution charts can be found below:

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

Techknowgreen Solutions Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Techknowgreen Solutions'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
	=	(26.907	+	1.833)	/	63.363
	=	0.45

Techknowgreen Solutions's Debt to Equity Ratio for the quarter that ended in Sep. 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)	/	249.297
	=	0.00

Techknowgreen Solutions (BOM:543991) 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.

Techknowgreen Solutions Debt-to-Equity Related Terms

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

Techknowgreen Solutions (BOM:543991) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Techknowgreen Solutions Ltd (BOM:543991) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Flat-202, Hem Opal Apartment, Plot No. 26, Ekta Park Society, Wakdewadi, Pune, MH, IND, 411003

Website

http://www.techknowgreen.com

Techknowgreen Solutions Ltd is an environmental consulting company. It is engaged in the business of 'providing consulting services in almost every realm of environment & infrastructure planning, solutions to every problem of environment & climate change, which are both environmentally as well as economically feasible. It is one of the first companies in India to provide environmental IT solutions through cutting-edge software applications and compliance solutions. The company has diverse experience in handling complex projects across various industries like infrastructure, chemical, automobile, healthcare, manufacturing, real estate and national/state governments. Its client base includes government, semi-government organizations, MNCs, large companies, mid-size companies and MSMEs.

Techknowgreen Solutions (BOM:543991) Headlines

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