# How is Debt to Equity ratio calculated in moneycontrol and screener.in?

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.

• Which calculation don't you understand, the last one? If so, subtract Total Liabilities from Total Equity & Liabilities to get the Total Equity and then divide the Total Liabilities by that. – Bob Baerker Aug 21 '18 at 18:01
• Financial sources such as moneycontrol.com and screener.in shows that the Debt/Equity is 1. I am trying to see how they came to that answer since I am getting 2. – Arun Abraham Aug 21 '18 at 18:14
• @BobBaerker why "subtract Total Liabilities from Total Equity & Liabilities to get the Total Equity", when Total Equity is already explicitly listed as 1,069.99? – RonJohn Aug 21 '18 at 18:29
• @RonJohn - I was just guessing at which calculation the OP didn't understand and I shouldn't have done that. It's clear now that I should leave this one for you to solve :->) – Bob Baerker Aug 21 '18 at 18:58
• Possibly – I'm not an accountant – they're just using borrowings for debt, not all liabilities. Borrowings = 616.22 + 462.74 = 1,078.96 which divided by 1069.99 gives 1.008. – TripeHound Aug 22 '18 at 7:38