Idea Cellular Debt/Equity
What is the Debt/Equity of Idea Cellular?
The Debt/Equity of Idea Cellular Limited is 36.95
What is the definition of Debt/Equity?
Debt to equity ratio is a financial ratio indicating the relative proportion of shareholders’ equity and debt used to finance a company’s assets.
lfy (last fiscal year)
The debt to equity ratio is generally calculated by dividing debt by equity. The D/E ratio is also known as risk, gearing or leverage. The two components are often taken from the firm's balance sheet or statement of financial position (so-called book value), but the ratio may also be calculated using market values for both, if the company's debt and equity are publicly traded, or using a combination of book value for debt and market value for equity financially. Preferred stock can be considered part of debt or equity. Attributing preferred shares to one or the other is partially a subjective decision but will also take into account the specific features of the preferred shares. When used to calculate a company's financial leverage, the debt usually includes only the long-term debt.
Debt/Equity of companies in the Communication Services sector on BSE compared to Idea Cellular
What does Idea Cellular do?
Vodafone Idea Limited operates mobile telecommunications in India. The company offers 2G, 3G, and 4G services; prepaid, postpaid, and roaming services, as well as interconnect and long distance services; voice, data, and enterprise services, as well as various other value added services, including short messaging services, digital services, Internet of Things, etc. It also trades in handsets, data cards, and related accessories; and provides internet, mobile advertisement, toll free services, etc. Vodafone Idea Limited has approximately 293.7 million mobile subscribers. The company was formerly known as Idea Cellular Limited and changed its name to Vodafone Idea Limited in August 2018. Vodafone Idea Limited was incorporated in 1995 and is based in Mumbai, India.
Companies with debt/equity similar to Idea Cellular
- TC Orient Lighting has Debt/Equity of 36.54
- Federal Agricultural Mortgage has Debt/Equity of 36.63
- AXIOS Sustainable Growth Acquis has Debt/Equity of 36.70
- Maxx Sports TV has Debt/Equity of 36.73
- EssilorLuxottica Societe anonyme has Debt/Equity of 36.75
- Air Canada has Debt/Equity of 36.94
- Idea Cellular has Debt/Equity of 36.95
- High Ground Enterprise has Debt/Equity of 37.04
- High Ground Enterprise has Debt/Equity of 37.04
- Cleantek Industries Inc has Debt/Equity of 37.06
- Raise Production has Debt/Equity of 37.06
- Camping World Inc has Debt/Equity of 37.18
- TFG International has Debt/Equity of 37.55