Sonata Software (NSE:SONATSOFTW) Debt-to-Equity : 0.54 (As of Mar. 2024)

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What is Sonata Software Debt-to-Equity?

Sonata Software's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹2,675 Mil. Sonata Software's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹4,980 Mil. Sonata Software's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹14,063 Mil. Sonata Software's debt to equity for the quarter that ended in Mar. 2024 was 0.54.

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 Sonata Software's Debt-to-Equity or its related term are showing as below:

NSE:SONATSOFTW' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.17 Max: 0.54
Current: 0.54

During the past 13 years, the highest Debt-to-Equity Ratio of Sonata Software was 0.54. The lowest was 0.02. And the median was 0.17.

NSE:SONATSOFTW's Debt-to-Equity is ranked worse than
61.93% of 2217 companies
in the Software industry
Industry Median: 0.21 vs NSE:SONATSOFTW: 0.54

Sonata Software Debt-to-Equity Historical Data

The historical data trend for Sonata Software'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.

Sonata Software Debt-to-Equity Chart

Sonata Software Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.28

0.20

0.15

0.45

0.54

Sonata Software Quarterly Data
	Mar19	Jun19	Sep19	Dec19	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															N/A	0.45	0.35	N/A	0.54

Competitive Comparison of Sonata Software's Debt-to-Equity

For the Information Technology Services subindustry, Sonata Software'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.

Sonata Software's Debt-to-Equity Distribution in the Software Industry

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

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

Sonata Software Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sonata Software's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 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
	=	(2674.5	+	4980.1)	/	14062.9
	=	0.54

Sonata Software's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(2674.5	+	4980.1)	/	14062.9
	=	0.54

Sonata Software (NSE:SONATSOFTW) 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.

Sonata Software Debt-to-Equity Related Terms

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

Sonata Software (NSE:SONATSOFTW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sonata Software Ltd (NSE:SONATSOFTW) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

532221:India

Address

Bull Temple Road, N.R. Colony, 1/4, APS Trust Building, Bengaluru, KA, IND, 560 004

Website

https://www.sonata-software.com

Sonata Software Ltd is a technology company. The Company is engaged in the business of software/hardware products and licenses including related services in India which constitutes a single business segment. The company's geographical segments include India and Other than India. It generates maximum revenue from India. The company serves ISVs (Independent Software Vendors); Travel and Tourism; Retail; Consumer Packaged Goods (CPG), Distribution and Manufacturing; Agri Commodity Business, and Service Industries. Its solution portfolio includes its digital platform such as Brick and Click Retail Platform, Modern Distribution Platform, Rezopia Digital Travel Platform, RAPID DevOps Platform, Kartopia E-commerce Platform, Halosys Mobility Platform, Commodity CTRM Platform, and others.

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