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Den Networks (NSE:DEN) Debt-to-Equity : 0.01 (As of Mar. 2024)


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What is Den Networks Debt-to-Equity?

Den Networks's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹25 Mil. Den Networks's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹230 Mil. Den Networks's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹34,201 Mil. Den Networks'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 Den Networks's Debt-to-Equity or its related term are showing as below:

NSE:DEN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.35   Max: 0.98
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Den Networks was 0.98. The lowest was 0.01. And the median was 0.35.

NSE:DEN's Debt-to-Equity is ranked better than
99.88% of 844 companies
in the Media - Diversified industry
Industry Median: 0.285 vs NSE:DEN: 0.01

Den Networks Debt-to-Equity Historical Data

The historical data trend for Den Networks'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.

Den Networks Debt-to-Equity Chart

Den Networks Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 - - 0.01 0.01

Den Networks 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 N/A 0.01 N/A 0.01

Competitive Comparison of Den Networks's Debt-to-Equity

For the Entertainment subindustry, Den Networks'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.


Den Networks's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Den Networks's Debt-to-Equity distribution charts can be found below:

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



Den Networks Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Den Networks's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Den Networks's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* 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.


Den Networks  (NSE:DEN) 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.


Den Networks Debt-to-Equity Related Terms

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


Den Networks (NSE:DEN) Business Description

Traded in Other Exchanges
Address
Okhla Industrial Estate, Phase-Ill, New Delhi, IND, 110 020
Den Networks Ltd is a cable television company in India engaged in the distribution of analogue and digital cable television services. It provides visual entertainment to its customers through cable TV, over-the-top entertainment, telecommerce, and broadband services. The business segments of the company consist of primarily Cable and Broadband. Its Cable segment includes the distribution and promotion of television channels and the Broadband segment consists of providing internet services. The company generates most of its revenue from its cable segment. Geographically, it derives revenue from India.