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Accenture PLC (NYSE:ACN)
Debt to Equity
0.00 (As of May. 2016)

Accenture PLC's current portion of long-term debt for the quarter that ended in May. 2016 was \$2 Mil. Accenture PLC's long-term debt for the quarter that ended in May. 2016 was \$27 Mil. Accenture PLC's total equity for the quarter that ended in May. 2016 was \$7,127 Mil. Accenture PLC's debt to equity for the quarter that ended in May. 2016 was 0.00.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

Definition

Debt to Equity measures the financial leverage a company has.

Accenture PLC's Debt to Equity Ratio for the fiscal year that ended in Aug. 2015 is calculated as

 Debt to Equity = Total Debt / Total Equity = (Current Portion of Long-Term Debt + Long-Term Debt) / Total Equity = (1.848 + 25.587) / 6133.725 = 0.00

Accenture PLC's Debt to Equity Ratio for the quarter that ended in May. 2016 is calculated as

 Debt to Equity = Total Debt / Total Equity = (Current Portion of Long-Term Debt + Long-Term Debt) / Total Equity = (2.072 + 26.801) / 7127.325 = 0.00

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Explanation

In the calculation of Debt to Equity, we use the total of Current Portion of Long-Term Debt and Long-Term Debt divided by Total Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its Return on Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return on Equity companies.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Accenture PLC Annual Data

 Aug07 Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16 deb2equity 0.01 0.00 0.00 0.00 0.00 0.00 0.01 0.01 0.00 0.00

Accenture PLC Quarterly Data

 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 deb2equity 0.01 0.01 0.01 0.01 0.01 0.00 0.01 0.00 0.00 0.00
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