Persistent Sys Reports Strong Financial Performance in Q2 FY25, Low Debt to Equity Ratio Indicates Strong Position
Persistent Systems has reported a low debt to equity ratio of 0.01 in the last five quarters, indicating a strong financial position. The company has shown strong financial performance in the quarter ending Sep 2024, with high operating cash flow, increasing sales and profits. MarketsMojo has given a 'Buy' call for the stock, showing positive market sentiment.
Debt to Equity Ratio – Quarterly: Highest at 0.01 in the last five quarters. The company has a low debt to equity ratio, indicating a strong financial position.Overall, Persistent Sys has shown strong financial performance in the quarter ending Sep 2024. With a high operating cash flow, increasing sales and profits, and a low debt to equity ratio, the company is in a good position for growth. MarketsMOJO has given a ‘Buy’ call for the stock, indicating positive sentiment in the market. Investors can look forward to potential returns from this largecap IT software company.
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