Syntel (Syntel) Debt-to-Equity : 4.13 (As of Jun. 2018)

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What is Syntel Debt-to-Equity?

Syntel's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2018 was $28.0 Mil. Syntel's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2018 was $239.5 Mil. Syntel's Total Stockholders Equity for the quarter that ended in Jun. 2018 was $64.8 Mil. Syntel's debt to equity for the quarter that ended in Jun. 2018 was 4.13.

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

SYNT's Debt-to-Equity is not ranked ^*
in the Software industry.
Industry Median: 0.21
* Ranked among companies with meaningful Debt-to-Equity only.

Syntel Debt-to-Equity Historical Data

The historical data trend for Syntel'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.

Syntel Debt-to-Equity Chart

Syntel Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Debt-to-Equity

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0.20

0.15

0.11

-2.73

-27.76

Syntel Quarterly Data
	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18
Debt-to-Equity	Get a 7-Day Free Trial															-4.09	-6.10	-27.76	8.02	4.13

Competitive Comparison of Syntel's Debt-to-Equity

For the Information Technology Services subindustry, Syntel'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.

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

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

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

Syntel Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Syntel's Debt to Equity Ratio for the fiscal year that ended in Dec. 2017 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
	=	(24.268	+	334.446)	/	-12.922
	=	-27.76

Syntel's Debt to Equity Ratio for the quarter that ended in Jun. 2018 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
	=	(27.974	+	239.548)	/	64.805
	=	4.13

Syntel (NAS:SYNT) 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.

Syntel Debt-to-Equity Related Terms

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Syntel (Syntel) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Syntel Inc (NAS:SYNT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.syntelinc.com

Syntel is a global provider of digital transformation, information technology, and knowledge process. The company earns approximately half of its revenue from customers in the banking and financial services industry. Syntel provides a broad range of technology solutions to its customers, including managed IT services, digital one, and KPO services. Managed services provides complete software applications development, maintenance, digital modernization, IT infrastructure, cloud, and migration services. Syntel's Digital One service line provides a range of consulting and implementation services built around enterprise architecture, data warehousing and business intelligence, enterprise application integration, web and mobile applications, and "Internet of Things".

Executives

Bharat Desai	director, 10 percent owner, officer: Co-Chairman	2800, SUITE 300, BLOOMFIELD MI 48304
Neerja Sethi	director, 10 percent owner	2800, SUITE 300, BLOOMFIELD MI 48304
Prashant Ranade	director, officer: Co-Chairman	507 PLYMOUTH AVENUE, NE, GRAND RAPIDS MI 49505
Mrkonic George R Jr	director	C/O BORDERS GROUP INC, 100 PHOENIX DRIVE, ANN ARBOR MI 48108