I am trying to understand how Debt to Equity is calculated in websites such as moneycontrol.com and screener.in
For e.g, if we look at Debt/Equity for STRTECH for Mar 2018, it's shown as 1 in both the websites.
Following is the balance sheet details of STRTECH for Mar 2018
Now, by looking at the actual numbers, I see that the numbers are as follows:
Total Debt: 2313.86 Total Equity: 1069.99 Therefore, Debt to Equity = 2313.86/1069.99 = 2.16
I am unable to understand how the moneycontrol and screener websites gets 1 as the ratio.
