Tech Mahindra (BOM:532755) Debt-to-Asset : 0.06 (As of Mar. 2024)

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What is Tech Mahindra Debt-to-Asset?

Tech Mahindra's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹17,633 Mil. Tech Mahindra's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹7,734 Mil. Tech Mahindra's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ₹434,236 Mil. Tech Mahindra's debt to asset for the quarter that ended in Mar. 2024 was 0.06.

Tech Mahindra Debt-to-Asset Historical Data

The historical data trend for Tech Mahindra's Debt-to-Asset 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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Tech Mahindra Debt-to-Asset Chart

Tech Mahindra Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Asset

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0.10

0.07

0.06

Tech Mahindra Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial															0.06	-	0.06	-	0.06

Competitive Comparison of Tech Mahindra's Debt-to-Asset

For the Information Technology Services subindustry, Tech Mahindra's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

Tech Mahindra's Debt-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Tech Mahindra's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Tech Mahindra's Debt-to-Asset falls into.

Tech Mahindra Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Tech Mahindra's Debt-to-Asset for the fiscal year that ended in Mar. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(17633	+	7734)	/	434236
	=	0.06

Tech Mahindra's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(17633	+	7734)	/	434236
	=	0.06

Tech Mahindra (BOM:532755) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Tech Mahindra Debt-to-Asset Related Terms

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Tech Mahindra (BOM:532755) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Tech Mahindra Ltd (BOM:532755) » Definitions » Debt-to-Asset

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Traded in Other Exchanges

TECHM:India

Address

Plot No. 1, Phase III, Rajiv Gandhi Infotech Park, Hinjewadi, Pune, MH, IND, 411 057

Website

https://www.techmahindra.com

Tech Mahindra Ltd is an IT services and consulting company in India. It offers a variety of technology solutions and services in addition to business process services. Its segments are Information Technology and Business Processing Outsourcing. The technology solutions include helping companies engage in cloud software, mobile solutions, network services, cybersecurity, and a variety of other options. The business process service is offered across various industries including telecom, financial services, retail, energy, hospitality, high-tech, agriculture, and food beverage. The company's approach includes cost reduction, process optimization, and ownership through automation and productivity improvements. Tech Mahindra generates approximately half of its revenue from the United States.

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