GURUFOCUS.COM » STOCK LIST » Technology » Software » Asseco Poland SA (OTCPK:ASOZF) » Definitions » Debt-to-Equity

Asseco Poland (Asseco Poland) Debt-to-Equity : 0.77 (As of Dec. 2023)


View and export this data going back to 2013. Start your Free Trial

What is Asseco Poland Debt-to-Equity?

Asseco Poland's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $331 Mil. Asseco Poland's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $685 Mil. Asseco Poland's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,315 Mil. Asseco Poland's debt to equity for the quarter that ended in Dec. 2023 was 0.77.

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.

The historical rank and industry rank for Asseco Poland's Debt-to-Equity or its related term are showing as below:

ASOZF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.16   Med: 0.39   Max: 0.77
Current: 0.77

During the past 13 years, the highest Debt-to-Equity Ratio of Asseco Poland was 0.77. The lowest was 0.16. And the median was 0.39.

ASOZF's Debt-to-Equity is ranked worse than
80.42% of 2222 companies
in the Software industry
Industry Median: 0.21 vs ASOZF: 0.77

Asseco Poland Debt-to-Equity Historical Data

The historical data trend for Asseco Poland's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Asseco Poland Debt-to-Equity Chart

Asseco Poland Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.48 0.49 0.55 0.61 0.77

Asseco Poland Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.61 0.57 0.01 0.26 0.77

Competitive Comparison of Asseco Poland's Debt-to-Equity

For the Software - Application subindustry, Asseco Poland's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Asseco Poland's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Asseco Poland's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Asseco Poland's Debt-to-Equity falls into.



Asseco Poland Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Asseco Poland's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Asseco Poland's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Asseco Poland  (OTCPK:ASOZF) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

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


Asseco Poland Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Asseco Poland's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Asseco Poland (Asseco Poland) Business Description

Traded in Other Exchanges
Address
14 Olchowa Street, Rzeszow, POL, 35-322
Asseco Poland SA is the Polish subsidiary of the multinational Asseco Group, which has a presence in Europe and Israel. The firm develops sector-specific software for banking and finance, and executes large IT projects for healthcare, insurance, and other sectors in public administration. Asseco's flagship product for the banking sector is the comprehensive IT suite def3000, used by financial institutions in Poland. The firm also provides IT consulting, systems integration, and implementation services for large and midsize industrial enterprises. A large majority of the firm's revenue is generated through proprietary software licenses from Polish institutions.

Asseco Poland (Asseco Poland) Headlines

From GuruFocus

4 European Tech Companies to Consider

By Sydnee Gatewood Sydnee Gatewood 09-27-2018