Tech Mahindra (TECHM.NS) Debt Metrics
Market Cap: $1.28T
Avg Volume: 1.97M
Industry: Information Technology Services
Sector: Technology
How much debt does Tech Mahindra have?
According to Tech Mahindra's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
Tech Mahindra's total debt stands at $25.37B. This is broken down into:
- Long-term debt: $7.73B
- Short-term debt: $17.63B
The company's net debt, which accounts for cash and cash equivalents, is $-18.10B. In terms of overall financial obligations, Tech Mahindra's total liabilities amount to $162.77B.
Debt Ratios and Metrics
To better understand Tech Mahindra's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 0.10 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 5.84% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 8.73 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 0.38% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 8.69% - this indicates the total debt in the company's capital structure.
These metrics provide insight into Tech Mahindra's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$25.37B
Long-term Debt
$7.73B
Short-term Debt
$17.63B
Net Debt
$-18.10B
Total Liabilities
$162.77B
Interest Coverage
8.73
Debt to Equity Ratio
0.10
Debt Ratio
5.84%
Tech Mahindra Historical Debt Metrics
Tech Mahindra Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2023.
| Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | $25.37B | $7.73B | $17.63B | $-18.10B | $162.77B | 0.10 | 5.84% | 8.73 | 0.38% | 8.69% |
| 2022 | $27.40B | $9.19B | $18.21B | $-13.16B | $177.59B | 0.10 | 5.94% | 20.80 | 0.46% | 8.94% |
| 2021 | $26.18B | $8.62B | $17.56B | $-11.71B | $174.90B | 0.10 | 5.84% | 46.06 | 0.53% | 8.87% |
| 2020 | $29.01B | $9.73B | $19.27B | $2.10B | $144.34B | 0.12 | 7.31% | 38.54 | 0.66% | 10.45% |
| 2019 | $36.70B | $10.33B | $26.38B | $6.54B | $151.47B | 0.17 | 9.83% | 23.08 | 0.81% | 14.40% |
| 2018 | $19.95B | $2.09B | $17.87B | $-472.00M | $126.85B | 0.10 | 5.97% | 40.35 | 0.90% | 8.96% |
| 2017 | $23.97B | $7.71B | $16.25B | $4.30B | $110.85B | 0.13 | 7.87% | 23.34 | 3.09% | 11.28% |
| 2016 | $13.66B | $3.85B | $9.81B | $-6.35B | $91.65B | 0.08 | 5.24% | 41.77 | 1.14% | 7.67% |
| 2015 | $10.92B | $1.97B | $8.94B | $-28.73B | $89.39B | 0.08 | 4.65% | 67.12 | 0.07% | 7.06% |
| 2014 | $7.00B | $460.00M | $6.54B | $-11.66B | $74.39B | 0.06 | 3.53% | 121.15 | 0.28% | 5.41% |
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