Tata Technologies (NSE:TATATECH) Debt-to-Equity : 0.08 (As of Mar. 2024)

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What is Tata Technologies Debt-to-Equity?

Tata Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹524 Mil. Tata Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹2,050 Mil. Tata Technologies's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹32,208 Mil. Tata Technologies's debt to equity for the quarter that ended in Mar. 2024 was 0.08.

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 Tata Technologies's Debt-to-Equity or its related term are showing as below:

NSE:TATATECH' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08 Med: 0.12 Max: 0.14
Current: 0.08

During the past 5 years, the highest Debt-to-Equity Ratio of Tata Technologies was 0.14. The lowest was 0.08. And the median was 0.12.

NSE:TATATECH's Debt-to-Equity is ranked better than
69.45% of 2216 companies
in the Software industry
Industry Median: 0.21 vs NSE:TATATECH: 0.08

Tata Technologies Debt-to-Equity Historical Data

The historical data trend for Tata Technologies'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.

Tata Technologies Debt-to-Equity Chart

Tata Technologies Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

0.14

0.12

0.09

0.08

Tata Technologies Quarterly Data
	Mar20	Mar21	Dec21	Mar22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial					0.09	0.09	0.09	N/A	0.08

Competitive Comparison of Tata Technologies's Debt-to-Equity

For the Information Technology Services subindustry, Tata Technologies'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.

Tata Technologies's Debt-to-Equity Distribution in the Software Industry

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

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

Tata Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tata Technologies'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
	=	(523.8	+	2050.1)	/	32208.2
	=	0.08

Tata Technologies'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
	=	(523.8	+	2050.1)	/	32208.2
	=	0.08

Tata Technologies (NSE:TATATECH) 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.

Tata Technologies Debt-to-Equity Related Terms

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

Tata Technologies (NSE:TATATECH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Tata Technologies Ltd (NSE:TATATECH) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

544028:India

Address

Plot No. 25, Rajiv Gandhi Infotech Park, Hinjawadi, Pune, MH, IND, 411 057

Website

https://www.tatatechnologies.com/in

Tata Technologies Ltd is a engineering services company offering product development and digital solutions, including turnkey solutions, to original equipment manufacturers (OEMs) and their tier-1 suppliers. It endeavors to create value for its clients by helping them develop safer products, and cleaner and improve the quality of life for their end-customers. It has deep domain expertise in the automotive industry and leverages this expertise to serve its clients in adjacent industries, such as aerospace and transportation and construction heavy machinery. As an organization, it brings together diverse teams from different parts of the world with multiple skill sets to collaborate in real time and solve complex engineering problems for its clients.

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