IDT (IDT) Debt-to-Equity

: 0.01 (As of Jan. 2024)

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IDT's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $0 Mil. IDT's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $2 Mil. IDT's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $212 Mil. IDT's debt to equity for the quarter that ended in Jan. 2024 was 0.01.

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 IDT's Debt-to-Equity or its related term are showing as below:

IDT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.05 Max: 0.21
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of IDT was 0.21. The lowest was 0.01. And the median was 0.05.

IDT's Debt-to-Equity is ranked better than
99.71% of 346 companies
in the Telecommunication Services industry
Industry Median: 0.66 vs IDT: 0.01

IDT Debt-to-Equity Historical Data

The historical data trend for IDT'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.

IDT Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Debt-to-Equity

0.10

0.03

0.02

IDT Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Debt-to-Equity																0.06	0.05	0.02	0.03	0.01

Competitive Comparison

For the Telecom Services subindustry, IDT'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.

IDT Debt-to-Equity Distribution

For the Telecommunication Services industry and Communication Services sector, IDT's Debt-to-Equity distribution charts can be found below:

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

IDT Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

IDT's Debt to Equity Ratio for the fiscal year that ended in Jul. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	2.881)	/	193.729
	=	0.01

IDT's Debt to Equity Ratio for the quarter that ended in Jan. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	2.448)	/	211.784
	=	0.01

IDT (NYSE:IDT) 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.

IDT Debt-to-Equity Related Terms

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

IDT (IDT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » IDT Corp (NYSE:IDT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

IDC2:Germany

Address

520 Broad Street, Newark, NJ, USA, 07102

Website

https://www.idt.net

IDT Corp is a multinational holding company. It primarily operates in the telecommunications and payment industries. It has four reportable business segments, Fintech, National Retail Solutions & net2phone and Traditional Communications, The Fintech segment is comprised of National Retail Solutions (NRS), an operator of a nationwide point of sale (POS) network providing payment processing, digital advertising, transaction data, and ancillary services, and BOSS Money, a provider of international money remittance and related value/payment transfer services. The net2phone segment provides unified cloud communications and telephony services to business customers.

Executives

Marcelo Fischer	officer: Chief Acct. Offcr. &Controller	IDT CORP, 520 BROAD STREET, NEWARK NJ 07102
Eric F. Cosentino	director	C/O IDT CORPORATION, 520 BROAD STREET, NEWARK NJ 07102
Joyce J Mason	director, officer: SVP and Secretary	IDT CORP, 520 BROAD STREET, NEWARK NJ 07102
Nadine Shea	officer: EVP of GLOBAL HUMAN RESOURCES	C/O IDT CORPORATION, 520 BROAD STREET, NEWARK NJ 07102
Howard S Jonas	director, 10 percent owner, officer: Chairman of the Board
Bill Pereira	officer: EVP of Finance	520 BROAD STREET, NEWARK NJ 07102
David Wartell	officer: CHIEF TECHNOLOGY OFFICER	C/O IDT CORPORATION, 520 BROAD STREET, NEWARK NJ 07102
Mitch Silberman	officer: CAO & Controller	C/O IDT CORPORATION, 520 BROAD STREET, NEWARK NJ 07102
Liora Stein	director	C/O IDT CORPORATION, 520 BROAD STREET, NEWARK NJ 07102
Judah Schorr	director	C/O IDT CORPORATION, 520 BROAD STREET, NEWARK NJ 07102
Hsj 2019 Idt Annuity Trust Ii	10 percent owner	C/O IDT CORPORATION, 520 BROAD STREET, NEWARK NJ 07102
Anthony S Davidson	officer: SVP - Technology	C/O IDT CORPORATION, 520 BROAD STREET, NEWARK NJ 07102
Bathgate Lawrence E Ii	director	C/O IDT CORPORATION, 520 BROAD STREET, NEWARK NJ 07102
Michael Chenkin	director	C/O IDT CORPORATION, 520 BROAD STREET, NEWARK NJ 07102
Menachem Ash	officer: EVP of Strategic&Legal Affairs	C/O IDT CORPORATION, 520 BROAD STREET, NEWARK NJ 07102