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Persistent Systems (NSE:PERSISTENT) Debt-to-Revenue : 0.04 (As of Mar. 2024)


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What is Persistent Systems Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Persistent Systems's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹2,804 Mil. Persistent Systems's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹1,707 Mil. Persistent Systems's annualized Revenue for the quarter that ended in Mar. 2024 was ₹103,621 Mil. Persistent Systems's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.04.


Persistent Systems Debt-to-Revenue Historical Data

The historical data trend for Persistent Systems's Debt-to-Revenue 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.

Persistent Systems Debt-to-Revenue Chart

Persistent Systems Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.02 0.10 0.08 0.05

Persistent Systems Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Revenue 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 Premium Member Only Premium Member Only 0.07 0.06 0.06 - 0.04

Competitive Comparison of Persistent Systems's Debt-to-Revenue

For the Information Technology Services subindustry, Persistent Systems's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.


Persistent Systems's Debt-to-Revenue Distribution in the Software Industry

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

* The bar in red indicates where Persistent Systems's Debt-to-Revenue falls into.



Persistent Systems Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Persistent Systems's Debt-to-Revenue for the fiscal year that ended in Mar. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(2804.05 + 1707.24) / 98215.87
=0.05

Persistent Systems's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(2804.05 + 1707.24) / 103621.04
=0.04

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Mar. 2024) Revenue data.


Persistent Systems Debt-to-Revenue Related Terms

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Persistent Systems (NSE:PERSISTENT) Business Description

Traded in Other Exchanges
Address
402 Senapati Bapat Road, Bhageerath, Pune, MH, IND, 411 016
Persistent Systems Ltd is an India-based provider of software solution organized in three segments based on end market: Software, Hi-Tech and Emerging Industries; Banking, Financial Services and Insurance; and Healthcare and Life Sciences. Its solutions include cloud life cycle management, Internet of Things, unified endpoint management, endpoint detection and response, and Big Data analytics. The firm also offers product engineering services, platform-based cloud solutions, and Internet Protocol-based products. Most of the firm's revenue gets derived from the Software, Hi-Tech and Emerging Industries segment.

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