CANCOM SE (LTS:0O0F) Debt-to-Equity : 0.29 (As of Dec. 2023)

View and export this data going back to 2016. Start your Free Trial

What is CANCOM SE Debt-to-Equity?

CANCOM SE's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €65 Mil. CANCOM SE's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €146 Mil. CANCOM SE's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €724 Mil. CANCOM SE's debt to equity for the quarter that ended in Dec. 2023 was 0.29.

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

LTS:0O0F' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.19 Max: 0.29
Current: 0.29

During the past 13 years, the highest Debt-to-Equity Ratio of CANCOM SE was 0.29. The lowest was 0.03. And the median was 0.19.

LTS:0O0F's Debt-to-Equity is ranked worse than
57.34% of 2227 companies
in the Software industry
Industry Median: 0.22 vs LTS:0O0F: 0.29

CANCOM SE Debt-to-Equity Historical Data

The historical data trend for CANCOM SE'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.

CANCOM SE Debt-to-Equity Chart

CANCOM SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.17

0.19

0.16

0.20

0.29

CANCOM SE 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															0.20	-	0.29	0.02	0.29

Competitive Comparison of CANCOM SE's Debt-to-Equity

For the Information Technology Services subindustry, CANCOM SE'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.

CANCOM SE's Debt-to-Equity Distribution in the Software Industry

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

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

CANCOM SE Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CANCOM SE's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(65.182	+	145.875)	/	724.078
	=	0.29

CANCOM SE's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(65.182	+	145.875)	/	724.078
	=	0.29

CANCOM SE (LTS:0O0F) 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.

CANCOM SE Debt-to-Equity Related Terms

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

CANCOM SE (LTS:0O0F) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » CANCOM SE (LTS:0O0F) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

COKd:UK COK:Germany COK:Austria

Address

Erika-Mann-Strasse 69, Munich, BY, DEU, D-80636

Website

https://www.cancom.de

CANCOM SE is a provider of IT infrastructure and IT services in Germany and Austria. Business operations of the company are carried out through Germany, Austria, Switzerland, and the U.S.A. The company offers IT architecture, systems integration and managed services. The company managed its businesses in two segments: Cloud Solutions and IT Solutions of which the IT Solutions segment contributes a majority of total revenue. Cloud Solutions segment comprises the cloud and shared managed services business, including project related cloud hardware, software, and services business. IT Solutions offers comprehensive support for IT infrastructure and applications.

CANCOM SE (LTS:0O0F) Headlines

No Headlines