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DRC Systems India (NSE:DRCSYSTEMS) Debt-to-Equity : 0.02 (As of Mar. 2024)


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What is DRC Systems India Debt-to-Equity?

DRC Systems India's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹1.5 Mil. DRC Systems India's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹6.1 Mil. DRC Systems India's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹478.3 Mil. DRC Systems India's debt to equity for the quarter that ended in Mar. 2024 was 0.02.

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

NSE:DRCSYSTEMS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.02   Max: 2.34
Current: 0.02

During the past 7 years, the highest Debt-to-Equity Ratio of DRC Systems India was 2.34. The lowest was 0.02. And the median was 0.02.

NSE:DRCSYSTEMS's Debt-to-Equity is ranked better than
92.36% of 2211 companies
in the Software industry
Industry Median: 0.21 vs NSE:DRCSYSTEMS: 0.02

DRC Systems India Debt-to-Equity Historical Data

The historical data trend for DRC Systems India'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.

DRC Systems India Debt-to-Equity Chart

DRC Systems India Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Equity
Get a 7-Day Free Trial - - 2.34 0.02 0.02

DRC Systems India Quarterly Data
Mar18 Mar19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 - 0.02 - N/A 0.02

Competitive Comparison of DRC Systems India's Debt-to-Equity

For the Information Technology Services subindustry, DRC Systems India'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.


DRC Systems India's Debt-to-Equity Distribution in the Software Industry

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

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



DRC Systems India Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

DRC Systems India's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

DRC Systems India'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.


DRC Systems India  (NSE:DRCSYSTEMS) 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.


DRC Systems India Debt-to-Equity Related Terms

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


DRC Systems India (NSE:DRCSYSTEMS) Business Description

Traded in Other Exchanges
Address
Block No. 56, Road - 5C, Zone - 5, 24th Floor, GIFT Two Building, Gift CIty, Taluka & District - Gandhinagar, Gandhinagar, GJ, IND, 382 355
DRC Systems India Ltd is a software development outsourcing company in India providing information technology services to customers in India and other countries. Geographically maximum revenue is generated from international markets.

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