Richa Info Systems (NSE:RICHASMN) Debt-to-Equity : 1.21 (As of Mar. 2023)

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What is Richa Info Systems Debt-to-Equity?

Richa Info Systems's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹77.2 Mil. Richa Info Systems's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹84.9 Mil. Richa Info Systems's Total Stockholders Equity for the quarter that ended in Mar. 2023 was ₹133.5 Mil. Richa Info Systems's debt to equity for the quarter that ended in Mar. 2023 was 1.21.

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 Richa Info Systems's Debt-to-Equity or its related term are showing as below:

NSE:RICHASMN' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.21 Med: 2.71 Max: 3.89
Current: 1.21

During the past 5 years, the highest Debt-to-Equity Ratio of Richa Info Systems was 3.89. The lowest was 1.21. And the median was 2.71.

NSE:RICHASMN's Debt-to-Equity is ranked worse than
88.78% of 2211 companies
in the Software industry
Industry Median: 0.21 vs NSE:RICHASMN: 1.21

Richa Info Systems Debt-to-Equity Historical Data

The historical data trend for Richa Info Systems'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.

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Richa Info Systems Debt-to-Equity Chart

Richa Info Systems Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

2.71

3.89

3.27

1.22

1.21

Richa Info Systems Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23
Debt-to-Equity	Get a 7-Day Free Trial			3.27	N/A	1.22	1.35	1.21

Competitive Comparison of Richa Info Systems's Debt-to-Equity

For the Software - Application subindustry, Richa Info Systems'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.

Richa Info Systems's Debt-to-Equity Distribution in the Software Industry

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

* The bar in red indicates where Richa Info Systems's Debt-to-Equity falls into.

Richa Info Systems Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Richa Info Systems'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
	=	(77.167	+	84.93)	/	133.469
	=	1.21

Richa Info Systems's Debt to Equity Ratio for the quarter 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
	=	(77.167	+	84.93)	/	133.469
	=	1.21

Richa Info Systems (NSE:RICHASMN) 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.

Richa Info Systems Debt-to-Equity Related Terms

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Richa Info Systems (NSE:RICHASMN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Richa Info Systems Ltd (NSE:RICHASMN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Opposite Copper Stone, Thaltej-Shilaj Road, Corporate House No. 17, Times Corporate Park, Thaltej, Ahmedabad, GJ, IND, 380059

Website

https://www.richainfosys.com

Richa Info Systems Ltd is engaged in the business of assembling innovative products and systems. It is an innovative company in the field of Education Technology, Collaborative Conferencing and Professional Displays, Security and Surveillance, and Interactive Flat Panels. The majority of revenue is derived from the Interactive Flat panel.

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